Yearly Archives: 2023
U.S. Economic Data Continue To Dampen Dollar’s Strength
Written on September 7, 2023 at 9:19 am, by jonywang
Downbeat U.S. economic data continue to hammer the dollar and is struggling to hold above $103 trajectory The United States continues to release disappointing economic data, leading to a further weakening of the dollar’s strength. The labour market’s cooling trend is evident as the ADP Nonfarm Employment Change figures declined to 177k, a significant dropContinue Reading
The Basics Of Technical Analysis
Written on September 7, 2023 at 9:18 am, by jonywang
In the fast-paced world of the financial markets, understanding the dynamics of price movements is crucial for traders and investors. This is where technical analysis comes into play. By examining historical market data, technical analysis empowers individuals to decipher patterns and trends, enabling them to make informed decisions about buying and selling assets. Throughout thisContinue Reading
Insights on Major Country Economies and Inflation
Written on September 7, 2023 at 9:18 am, by jonywang
The Week Ahead: Week of 7 August (GMT+3) Tuesday, 8 August, 09:00 – EU German CPI (MoM) (Jul) In June, inflation rebounded, rising by 0.3% month-on-month, matching the preliminary figure. Currently, the market is anticipating the preliminary release of Germany’s Consumer Price Index (CPI) for July to stay at 0.3%. Following the ECB’s rate hikeContinue Reading
