About: 王建军
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GBP/USD Under Pressure Amid BoE Dovishness and Rising Market Volatility
Fundamental Analysis * Dovish Statements from Fed and Risk-Off Sentiment: The Pound Sterling experienced significant bearish momentum following the Bank of England’s decision to cut interest rates by 25 basis points, down to 5.00%. Meanwhile, market volatility is rising ahead of the release of crucial Nonfarm Payrolls and Unemployment rate data, alongside escalating Middle EastContinue Reading
Written on August 2, 2024 at 2:09 am
Categories: Trade Of The Day
Dovish Fed’s Statement Hammers Dollar
Market Summary The highly anticipated Fed’s interest rate decision was disclosed yesterday, hammering the dollar’s strength lower as Fed Chief Jerome Powell explicitly signalled that a September rate cut is possible. The U.S. central bank is balancing both inflation and recession risks, with interest rates adjusted to curb inflation while maintaining a solid labour market.Continue Reading
Written on August 1, 2024 at 5:31 am
Categories: Daily Market Analysis
Will Gold Break Records Amid Fed Dovishness And Rising Tensions?
Fundamental Analysis * Dovish Statements from Fed and Risk-Off Sentiment: Gold prices rebounded and extended their gains, driven by two major factors. First, the Federal Reserve’s dovish tone and hints at potential rate cuts bolstered demand for the non-yielding asset. Second, escalating tensions in the Middle East added to the safe-haven appeal of gold asContinue Reading
Written on August 1, 2024 at 1:20 am
Categories: Trade Of The Day
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