Monthly Archives: June 2024
41654156156USD/JPY Zigzag Amid Mixed Signal.
Written on June 13, 2024 at 2:17 am, by jonywang
Fundamental Analysis * Fed Hawk: The USD/JPY initially dropped from its peak but later recovered somewhat as the market continued to digest soft U.S inflation data alongside the Fed hawkish stance. The latest US Consumer Price Index (CPI) unchanged in May, the first time since last June, and decreased to 3.3% annually from April’s 3.4%.Continue Reading
Join PU Prime’s Euro 2024 Predictor Games And Win Rewards
Written on June 12, 2024 at 5:45 am, by jonywang
Calling all football fans and trading enthusiasts! PU Prime is gearing up for the Euro Cup with a sizzling summer promotion brimming with exciting games, incredible prizes, and a chance to snag a share of a whopping $2,480 prize pool! What Is PU Prime’s Euro 2024 Predictor Game Promotion? The Promotion Period starts on JuneContinue Reading
Dollar Calm ahead of FOMC Minutes
Written on June 12, 2024 at 5:37 am, by jonywang
Market Summary The dollar index steadied in the last session, trading above the $105 mark, ahead of the highly anticipated FOMC meeting minutes. Market expectations are leaning towards a more hawkish stance from the U.S. central bank due to a tight labour market. Analysts predict that the Fed is likely to implement two 25 bpsContinue Reading