About: jonywang
Recent Posts by jonywang
Japanese Yen Eases On BoJ Dovish Statement
Market Summary The Japanese Yen eased on Wednesday morning after the BoJ Deputy Governor indicated that the Japanese central bank would not raise interest rates if global markets remained unstable. This statement has calmed the market and unwound concerns about Yen carry trades. Meanwhile, the dollar has regained strength, with the dollar index (DXY) climbingContinue Reading
Written on August 7, 2024 at 5:34 am
Categories: Daily Market Analysis
Wall Street Dip With Looming U.S. Recession
Market Summary The financial markets, especially the equity sector, continue to be shattered by recession fears. The U.S. equity fear index, VIX, spiked to 65.70—the highest level since the pandemic in 2020—before quickly retracing to 38. This fear weighed heavily on the equity market, with the Dow Jones closing more than 1000 points lower inContinue Reading
Written on August 6, 2024 at 5:44 am
Categories: Daily Market Analysis
How To Select The Best Funded Account For Prop Trading
Proprietary trading, often referred to as prop trading, involves trading financial instruments with a firm’s own money rather than client funds. One of the most significant advantages of prop trading is access to funded accounts, which allow traders to leverage substantial capital provided by a prop firm. However, selecting the best funded account can beContinue Reading
Written on July 10, 2024 at 8:27 am
Categories: Blog
Tags: Prop Trading
How Do PU Xtrader And Their Funded Accounts Work
Ever thought about trading with $200,000 without using your own money? PU Xtrader’s funded accounts might be what you need. We lead the way in prop trading with a fresh take on funded accounts. Funded accounts have changed the game in prop trading. They let new traders use big money from firms like PU XtraderContinue Reading
Written on July 9, 2024 at 8:02 am
Categories: Blog
Tags: Prop Trading
Join PU Xtrader’s Discord Channel For The Latest Insights
At PU Xtrader, we really get how staying ahead is key in the trading world. Thus, we’ve built a strong discord channel. Here, traders can meet, share what they know, and learn more about prop trading. When you join us, you get loads of info, strategies, and tips from pros. Key Takeaways * Connect withContinue Reading
Written on June 19, 2024 at 5:29 am
Categories: Blog
Tags: Prop Trading, Social Media
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