Monthly Archives: December 2023
All Eyes On U.S. CPI Reading
Written on December 12, 2023 at 5:38 am, by 王建军
Market focus is now trained on the impending U.S. Consumer Price Index (CPI) reading, anticipated to influence the dollar’s trajectory. The U.S. Dollar is holding firm above the $103.50 level, buoyed by the positive momentum gained from upbeat U.S. job data released last Friday. Market focus is now trained on the impending U.S. Consumer PriceContinue Reading
Dollar Surges On Exceptional Jobs Data
Written on December 11, 2023 at 5:23 am, by 王建军
The US Dollar staged a robust rebound on stellar employment figures, with Nonfarm Payrolls exceeding expectations at 199K and the unemployment rate declining to 3.70%. The US Dollar staged a robust rebound on stellar employment figures, with Nonfarm Payrolls exceeding expectations at 199K and the unemployment rate declining to 3.70%. This unexpected strength sparked optimismContinue Reading
Yen Rallies On BoJ Hawkish Comment
Written on December 8, 2023 at 5:50 am, by 王建军
Governor Ueda remarked on the exploration of diverse options to navigate the country out of its negative interest rate regime leading to a substantial 2% drop in the USD/JPY pair overnight The Japanese Yen staged a robust rally in the previous session, leading to a substantial 2% drop in the USD/JPY pair overnight. This surgeContinue Reading
