Monthly Archives: December 2023
Euro and GBP Gain after Rate Decision Unveils
Written on December 15, 2023 at 3:13 am, by 王建军
ECB & BoE have announced their interest rate decisions, leading to the appreciation of both the euro and the British pound last night The European Central Bank (ECB) and the Bank of England (BoE) have announced their interest rate decisions, leading to the appreciation of both the euro and the British pound last night. InContinue Reading
Powell’s Dovish Tone Hammers Dollar’s Strength
Written on December 14, 2023 at 6:08 am, by 王建军
The Fed chief struck a dovish tone in his statement following the interest rate decision. Discussions around when policymakers might start cutting rates emerged The Federal Reserve’s interest rate decision aligned with market expectations, as the U.S. central bank maintained interest rates for a third consecutive meeting. However, despite a positive Nonfarm Payrolls (NFP) reportContinue Reading
All Eyes On Jerome Powell Speech Today
Written on December 13, 2023 at 5:56 am, by 王建军
Traders are on edge, awaiting Federal Reserve Chair Jerome Powell’s speech later today for insights into the Fed’s upcoming monetary policy. The eagerly anticipated U.S. Consumer Price Index (CPI) reading was unveiled last night, aligning with market expectations and indicating signs of moderation in the country’s inflation rate. In contrast to the robust U.S. jobContinue Reading
