Monthly Archives: October 2023
Fed’s Hawkish Stance Bolsters Dollar
Written on October 3, 2023 at 5:54 am, by 王建军
In a staunch show of strength, the dollar advances due to the market consensus towards the Fed maintaining elevated interest rates to combat persistent inflation. In a staunch show of strength, the dollar advances, driving the dollar index towards $107, bolstered by the Federal Reserve’s recent communication. The market consensus leans heavily towards the FedContinue Reading
Equity Market Soars After U.S. Government Shutdown Averted
Written on October 2, 2023 at 5:54 am, by 王建军
The dollar index held steady, while U.S. treasuries maintained robust levels when the threat of a U.S. government shutdown was averted. Global equity markets surged on the heels of reassuring news: the threat of a U.S. government shutdown was averted, instilling confidence across the board. Although tempered after breaching the $106 threshold, the dollar indexContinue Reading
