Monthly Archives: January 2024
Dollar Edges Higher When The Market Resumes

Written on January 2, 2024 at 5:36 am, by 王建军
The U.S. dollar continued its ascent on the first trading session after returning from the New Year holiday. The U.S. dollar continued its ascent on the first trading session after returning from the New Year holiday. All eyes are set on the upcoming U.S. Purchasing Managers’ Index (PMI) reading scheduled for tomorrow, which will playContinue Reading
Dollar Gain Despite Poor PMI Reading

Written on January 1, 2024 at 5:24 am, by 王建军
The U.S. Chicago Purchasing Managers’ Index (PMI) reading significantly dropped to 46.9, falling below both the previous reading and market consensus. The U.S. Chicago Purchasing Managers’ Index (PMI) reading significantly dropped to 46.9, falling below both the previous reading and market consensus. This suggests a contrasting economic landscape in the U.S. However, the poor economicContinue Reading