About: jonywang
Recent Posts by jonywang
Dollar Ease On Profit-Taking Sentiment
The Dollar Index (DXY) experienced a moderation in its bullish momentum due to prevailing profit-taking sentiment in the market. The Dollar Index (DXY), initially bolstered by a positive Consumer Price Index (CPI) reading, experienced a moderation in its bullish momentum due to prevailing profit-taking sentiment in the market. Nevertheless, the steadfastly hawkish stance maintained byContinue Reading
Written on February 20, 2024 at 2:02 am
Categories: Uncategorized
Dollar Ease On Profit-Taking Sentiment
The Dollar Index (DXY) experienced a moderation in its bullish momentum due to prevailing profit-taking sentiment in the market. The Dollar Index (DXY), initially bolstered by a positive Consumer Price Index (CPI) reading, experienced a moderation in its bullish momentum due to prevailing profit-taking sentiment in the market. Nevertheless, the steadfastly hawkish stance maintained byContinue Reading
Written on February 20, 2024 at 2:02 am
Categories: Uncategorized
Soft Retail Sales Hammers Dollar
The Retail Sales figure disappointed at -0.8%, marking its lowest point since January 2023. This has fueled expectations for a potential rate cut by the Federal Reserve in May. The much-anticipated U.S. Retail Sales figures failed to sustain positive sentiment following the robust Consumer Price Index (CPI) reading unveiled last Tuesday. Despite a decline inContinue Reading
Written on February 20, 2024 at 2:01 am
Categories: Uncategorized
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