Monthly Archives: January 2024
U.S. PCE Pressures Dollar To Trade Lower
Written on January 31, 2024 at 9:17 am, by jonywang
The PCE reading, revealed last Friday, contributed to a decline in the strength of the dollar. The Federal Reserve’s preferred inflation gauge, the PCE reading, revealed last Friday, contributed to a decline in the strength of the dollar. The inflation data, aligning with market expectations at 2.6%, suggests that pricing pressures in the U.S. areContinue Reading
Dollar Poise Ahead Of Interest Rate Decision
Written on January 31, 2024 at 9:13 am, by jonywang
The Japanese Yen gained strength following the release of the Bank of Japan (BoJ) meeting minutes, where discussions about the potential end of the negative rate policy were noted. The Japanese Yen gained strength following the release of the Bank of Japan (BoJ) meeting minutes, where discussions about the potential end of the negative rateContinue Reading
U.S. PCE Pressures Dollar to Trade Lower
Written on January 29, 2024 at 7:15 am, by jonywang
The PCE reading, revealed last Friday, contributed to a decline in the strength of the dollar. The Federal Reserve’s preferred inflation gauge, the PCE reading, revealed last Friday, contributed to a decline in the strength of the dollar. The inflation data, aligning with market expectations at 2.6%, suggests that pricing pressures in the U.S. areContinue Reading
