About: 王建军
Recent Posts by 王建军
Trade Of The Day: Riding The USD/JPY Momentum
Fundamental Analysis * Yen Buzz: The Japanese yen has weakened against the US dollar to its lowest levels since 1990, driven by robust US economic data. The growing yield gap between Japan and the US, fueled by higher US Treasury yields, has intensified pressure on the yen. Despite hints of vigilance from Japanese authorities, theContinue Reading
Wall Street Closes Higher On Profit Optimism
Market Summary In the latest trading session, the Dollar Index retreated, failing to sustain its position above the $106 mark. This movement coincides with heightened buying interest in U.S. 2-year Treasuries, suggesting that investors are bracing for slower economic growth and potentially anticipating a Federal Reserve rate cut within the year. In the commodities market,Continue Reading
USD/CAD Drops On Weak U.S PMI, Sparks Rate Cut Hopes
Fundamental Analysis * Loonie Buzz: The Canadian Dollar (CAD) strengthened against the US Dollar (USD) following weaker-than-anticipated US Purchasing Managers Index (PMI) data. The subdued performance in US economic activity is fostering optimism in the market, suggesting that the US Federal Reserve (Fed) may consider implementing rate cuts sooner than anticipated. The US PMIs unexpectedlyContinue Reading
