About: 王建军
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Powell’s Dovish Tone Hammers Dollar’s Strength

The Fed chief struck a dovish tone in his statement following the interest rate decision. Discussions around when policymakers might start cutting rates emerged The Federal Reserve’s interest rate decision aligned with market expectations, as the U.S. central bank maintained interest rates for a third consecutive meeting. However, despite a positive Nonfarm Payrolls (NFP) reportContinue Reading
Written on December 14, 2023 at 6:08 am
Categories: Daily Market Analysis
All Eyes On Jerome Powell Speech Today

Traders are on edge, awaiting Federal Reserve Chair Jerome Powell’s speech later today for insights into the Fed’s upcoming monetary policy. The eagerly anticipated U.S. Consumer Price Index (CPI) reading was unveiled last night, aligning with market expectations and indicating signs of moderation in the country’s inflation rate. In contrast to the robust U.S. jobContinue Reading
Written on December 13, 2023 at 5:56 am
Categories: Daily Market Analysis
All Eyes On U.S. CPI Reading

Market focus is now trained on the impending U.S. Consumer Price Index (CPI) reading, anticipated to influence the dollar’s trajectory. The U.S. Dollar is holding firm above the $103.50 level, buoyed by the positive momentum gained from upbeat U.S. job data released last Friday. Market focus is now trained on the impending U.S. Consumer PriceContinue Reading
Written on December 12, 2023 at 5:38 am
Categories: Daily Market Analysis
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