Yearly Archives: 2024
Dollar Surge on Hawkish FOMC Meeting Minutes
Written on May 23, 2024 at 4:46 am, by 王建军
Market Summary The U.S. dollar has strengthened, with the Dollar Index (DXY) climbing to its highest level this week, fueled by hawkish FOMC meeting minutes released in the last session. The minutes revealed that some members doubted whether the current interest rate level is sufficient to bring inflation down to the 2% target, leading toContinue Reading
Dollar Dilemma: FOMC Caution
Written on May 22, 2024 at 3:10 am, by 王建军
Market Summary The US Dollar remained subdued as investors awaited the FOMC meeting minutes, with Federal Reserve officials emphasising the need for more evidence of easing inflation before considering rate cuts. This cautious stance has kept the dollar in check, influencing other markets as well. Gold prices stayed flat but slightly retreated due to theContinue Reading
Dollar Rebound on Fed’s Hawkish Tone
Written on May 21, 2024 at 5:12 am, by 王建军
Market Summary In yesterday’s market, the U.S. equity market took a breather after all three major indexes had risen more than 5% in May. All eyes are now on Nvidia’s earnings report due on Wednesday, which has the potential to spur the equity market further. In Asia, the Chinese stock markets also saw a retracement,Continue Reading
