About: 王建军
Recent Posts by 王建军
USD/JPY Rebounds On Weak Japan Data, Positive Risk Sentiment
Fundamental Analysis * Yen Fade: The USD/JPY pair has surged following a period of decline, driven by the strengthening of the US dollar amidst its recovery from recent setbacks triggered by a sell-off after the ISM Manufacturing PMI missed expectations, coupled with disappointing data from Japan. This includes reports of a continual decline in realContinue Reading
Written on June 7, 2024 at 2:11 am
Categories: Trade Of The Day
Dollar Hammers By Soft U.S. Job Data
Market Summary The ADP Nonfarm Employment Change data released yesterday provided a preview of the highly anticipated Nonfarm Payroll report due on Friday. The dollar tumbled to its lowest level in two months following the disappointing job data, which reinforced bets on a Federal Reserve rate cut. This speculation of a dovish shift in FedContinue Reading
Written on June 6, 2024 at 5:48 am
Categories: Daily Market Analysis, Market Insights
Kiwi Surge Amid Fed Rate Cut Bets, Positive China Data
Fundamental Analysis * Kiwi Boost: The New Zealand Dollar continues to extend its rally against the US Dollar, reaching a three-month high as investors start to anticipate two interest rate cuts by the Federal Reserve, which weakens the greenback. Despite better-than-expected ISM Service PMI data, the dollar’s strength was short-lived due to recent U.S. GDPContinue Reading
Written on June 6, 2024 at 1:55 am
Categories: Trade Of The Day
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