Monthly Archives: September 2023
What Will the Interest Rate Decisions from Major Central Banks Impact on the Global Market?
Written on September 7, 2023 at 9:19 am, by jonywang
The Week Ahead: Week of 31 July (GMT+3) Tuesday, 25 July, 17:00 Tuesday, 1 August, 07:30 – AU RBA Interest Rate Decision (Aug) In July, the Reserve Bank of Australia chose to keep the rate unchanged with a current rate of 4.10%. The Reserve Bank of Australia’s (RBA) decision to pause rate left analysts andContinue Reading
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
