Yearly Archives: 2023
Soft CPI Lead To DXY Crashes
Written on November 28, 2023 at 9:04 am, by jonywang
The Dollar Index took a substantial hit, plummeting over 1.5% in the wake of the U.S. Consumer Price Index (CPI) release. The Dollar index took a substantial hit, plummeting over 1.5% in the wake of the U.S. Consumer Price Index (CPI) release. The data indicated a softening of inflationary pressures, leading the market to reassessContinue Reading
Dollar Gains On Upbeat Retail Sales
Written on November 28, 2023 at 9:02 am, by jonywang
The U.S. dollar staged a modest recovery following a notable decline on Wednesday. However, the latest U.S. Retail Sales data surpassed expectations, supporting the greenback’s upward nudge. The U.S. dollar staged a modest recovery following a notable decline on Wednesday, spurred by indications of easing inflation from the U.S. CPI report. However, a resilient economicContinue Reading
Oil Prices Drop To 4-Month Low
Written on November 28, 2023 at 8:58 am, by jonywang
The financial markets experienced a relatively subdued session overnight, as lacking significant catalysts. Investor attention remains focused on the APEC forum The financial markets experienced a relatively subdued session overnight, lacking significant catalysts to drive decisive movements. Investor attention remains focused on the APEC forum, with particular interest in the meeting between President Biden andContinue Reading
