Yearly Archives: 2023
Gold Prices Continue To Surge Ahead Of The FOMC Statement
Written on September 19, 2023 at 5:35 am, by 王建军
Gold prices have been increasing since last Friday, driven by widespread market expectations that the Fed will maintain its interest rates in September. The Dollar Index has remained relatively stable but at a robust level above the $105 threshold. This steadiness aligns with the prevailing sentiment in the equity markets as investors await the forthcomingContinue Reading
Dollar Dips As Investors Take Profits Ahead Of FOMC Meeting
Written on September 18, 2023 at 5:57 am, by 王建军
The US dollar recently retreated as investors capitalized on upbeat US economic data where 97% anticipate interest rates will remain stable. The US dollar recently retreated as investors capitalised on upbeat US economic data before the Federal Reserve’s forthcoming policy meeting, where 97% anticipate interest rates will remain stable. Simultaneously, gold rebounded after a briefContinue Reading
Euro Slumps With An Unexpected ECB Rate Hike
Written on September 15, 2023 at 8:08 am, by 王建军
The market worries that a 25 basis points rate hike by the European Central Bank might further hamper the already dim economic prospects within the Eurozone. Upbeat U.S. economic data, particularly Retail Sales and Initial Jobless Claims, ignited a rally in both the dollar index and equity markets. Investors are now bolstered by their confidenceContinue Reading
