About: 王建军
Recent Posts by 王建军
Swiss Franc Gains Despite Positive U.S Data, Rate Cut Weigh
Fundamental Analysis * Swiss Defiance: The Swiss Franc gained against the dollar despite better-than-expected U.S. economic data, as investors continued to focus on the possibility of a Federal Reserve rate cut. The Conference Board’s Consumer Confidence Index increased to 100.30 in July, up from a revised 97.8 in June, indicating a slight improvement in U.S.Continue Reading
Dollar Poise Ahead of FOMC Meeting Minutes
Market Summary The financial market remained relatively quiet in the last session ahead of crucial central bank interest rate decisions, including those from the Fed and BoJ, which are due tomorrow. The dollar index (DXY) managed to break above its near-term resistance level at 104.50, which has been a barrier for the past two weeks,Continue Reading
Oil Price Fell Following China Demand Fears
Fundamental Analysis * Demand Drag: Crude oil prices continued to decline from the previous session due to worries about weakening demand from China, the world’s largest oil consumer. Recent data revealed an 11% drop in China’s total fuel oil imports during the first half of 2024 amid sluggish growth. Additionally, a series of disheartening economicContinue Reading
