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About: 王建军

Recent Posts by 王建军

Upbeat U.S. Retail Sales Boost Dollar

Market Summary In yesterday’s trading session, the U.S. dollar saw appreciable gains, buoyed by stronger-than-expected U.S. Retail Sales data. This robust economic indicator has led market participants to speculate that the Federal Reserve might delay any prospective rate cuts due to persistent inflationary pressures. Amid ongoing geopolitical tensions in the Middle East, gold, a traditionalContinue Reading

Written on April 16, 2024 at 5:05 am

Categories: Daily Market Analysis, Market Insights

USD/CAD Extend Gains Amid Upbeat U.S Data

Fundamental Analysis * Diving Loonie: The Canadian Loonie continue to lose ground against the dollar as US Dollar has resumed its upward trend, propelled by retail consumption data surpassing expectations which affirming the robust momentum of the US economy. The US Census Bureau revealed that March’s Retail Sales grew by 0.7% growth YoY, which isContinue Reading

Written on April 16, 2024 at 2:03 am

Categories: Trading Blog, Trading Knowledge

Safe-Haven Surge Amid Rising Middle East Tensions

Market Summary Gold surged past $2400 per troy ounce, hitting record highs driven by geopolitical tensions and global uncertainty before retracing as technical indicators signalled overheating, prompting profit-taking. Despite this, gold saw a remarkable 20% surge since mid-February, catching investors off guard amid talks of Federal Reserve interest rate cuts. Geopolitical tensions escalated as IranContinue Reading

Written on April 15, 2024 at 4:14 am

Categories: Daily Market Analysis, Market Insights

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