About: 王建军
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Dollar Edges Higher When The Market Resumes

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
Written on January 2, 2024 at 5:36 am
Categories: Daily Market Analysis
Dollar Gain Despite Poor PMI Reading

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
Written on January 1, 2024 at 5:24 am
Categories: Daily Market Analysis
Dollar Rebound Despite Job Market Soften

Despite dollar rebound, persistent speculation surrounding a potential dovish pivot by the Federal Reserve continues to exert downward pressure on the U.S. dollar. U.S. equity markets managed to eke out modest gains during the last trading session, contrasting with a pullback observed in Asian stock markets. The recovery in the U.S. 10-year Treasury yield fromContinue Reading
Written on December 29, 2023 at 5:19 am
Categories: Daily Market Analysis
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