About: 王建军
Recent Posts by 王建军
EUR/USD Steady Amid Renewed Selling Pressure On Greenback
Fundamental Analysis * Euro’s Steadfast: The Euro has slightly recovered and edge higher against the dollar as investors consolidated gains after Federal Reserve officials repeated the interest rate-cutting cycle is on hold pending new economic data, while the monetary easing outlook for other major central banks remained unchanged. On top of that, Euro also receivedContinue Reading
Written on April 18, 2024 at 2:18 am
Categories: Trading Blog, Trading Knowledge
Dollar Fuels By Powell Hawkish Statement
Market Summary The market’s attention has shifted from Middle East tensions to remarks made by Federal Reserve Chair Jerome Powell. Powell’s recent speech signals that the U.S. central bank may opt to maintain interest rates at elevated levels for an extended period, given the backdrop of robust economic indicators and surprisingly high inflation readings. ThisContinue Reading
Written on April 17, 2024 at 5:28 am
Categories: Daily Market Analysis, Market Insights
Pound Sterling Decline Amid Weak UK Employment Data
Fundamental Analysis * Sterling Stumble: The British Pound has resumed its downward trend against the dollar, following lackluster UK employment data. This has fueled speculation that the Bank of England could initiate rate cuts sooner than expected, leading to a decline in the value of the GBP.The number of claimants for unemployment benefits rose lessContinue Reading
Written on April 17, 2024 at 2:12 am
Categories: Trading Blog, Trading Knowledge
Recent Comments by 王建军
No comments by 王建军