Monthly Archives: April 2024
Japanese Yen Fluctuation Eases after Rumour Clear
Written on April 30, 2024 at 5:16 am, by 王建军
Market Summary The Japanese Yen experienced a significant fluctuation, moving more than 500 pips against the U.S. dollar in the last trading session. This volatility was driven by market speculation regarding potential intervention by Japanese authorities after the Yen surpassed the 160 mark against the dollar. Meanwhile, market participants are also focusing on the upcomingContinue Reading
Japanese Yen Seesaw after Hitting 160 Mark
Written on April 29, 2024 at 5:59 am, by 王建军
Market Summary The U.S. Personal Consumption Expenditures (PCE) data released last Friday slightly surpassed market expectations and the previous reading, supported by recent positive economic indicators in the U.S. This bolstered the dollar index, as investors interpreted the data as a sign that the Federal Reserve may scale back its plans for interest rate reductionsContinue Reading
Fed Faces Inflation Heat: What’s Next for FOMC？
Written on April 26, 2024 at 7:24 am, by 王建军
Tuesday, 30th April 2024, 03:30 – Australia Retail Sales (MoM) (Mar) In February, retail sales in Australia saw a slight increase, fueled by heightened spending on clothing and dining out, likely spurred by popular Taylor Swift concerts drawing crowds. According to Australian Bureau of Statistics (ABS), Australia increased by 0.3 percent compared to January, whichContinue Reading
