Yearly Archives: 2023
Dollar Hammered By Weak PMI Data
Written on June 6, 2023 at 5:56 am, by 礼仕通
The dollar’s value experienced a decline, falling below $104 following the release of disappointing U.S. service PMI data. The reading dropped from 51.9 to 50.3, prompting the market to reconsider the possibility of the Federal Reserve pausing its interest rate hike in June. Investors are currently awaiting the announcement from the Reserve Bank of AustraliaContinue Reading
US Federal Reserve Signals June Hike Skip
Written on June 5, 2023 at 8:37 am, by 礼仕通
Focus has shifted from the US debt ceiling back to macro data and the Fed’s benchmark interest rate The dollar experienced its largest daily decline in almost a month as U.S. manufacturing data and statements from Federal Reserve officials reinforced expectations of a potential interest rate hike delay. Meanwhile, the euro rebounded from a two-monthContinue Reading
4 Indices Trading Strategies You Can Consider
Written on June 5, 2023 at 8:20 am, by 礼仕通
The Popularity of Indices Trading Strategies Trading indices is a popular way for investors and traders to gain exposure to the overall performance of a market or specific sector. Indices track the performance of a group of stocks, providing a convenient and cost-effective way to invest in a basket of stocks rather than having toContinue Reading
