About: lishitong
Recent Posts by lishitong
USDCHF Rises As Fed Implements Another Rate Cut
Fundamental Analysis * Expected Cut: The USD/CHF pair has edged higher as markets absorb the Federal Reserve’s expected 25-basis-point rate cut. This latest quarter-point reduction, announced Thursday, follows a larger 50-basis-point cut from early September. Fed officials noted that the labor market has “generally eased,” with inflation nearing the central bank’s 2% target. While thisContinue Reading
Gold Sinks as Trump Win Strengthens Dollar
Fundamental Analysis * Trump Triumph: Gold prices have dropped sharply after Donald Trump’s victory in the 2024 presidential election, which has boosted both the dollar and Treasury yields. Treasury yields rose amid expectations that a second Trump administration might implement policies, such as tariffs, that could drive up inflation and lead the Fed to moderateContinue Reading
Oil Prices Climb on Tropical Storm Concerns
Fundamental Analysis * Raging Rafael: Oil prices have surged amid expected supply disruptions in the U.S. as Tropical Storm Rafael moves toward the Gulf of Mexico. Projections suggest Rafael could intensify into a category 2 hurricane, potentially halting up to 4 million barrels of U.S. oil production this week. Major energy companies have started toContinue Reading
Canadian Dollar Declines as Markets Anticipate BoC Rate Cut
Fundamental Analysis * Rate Cut In Sight: The Canadian Dollar continues to weaken against the U.S. dollar as the Bank of Canada is anticipated to lower interest rates. BoC Governor Tiff Macklem has signaled the possibility of another 50 basis point (bps) rate cut in December. “We’ve shown our willingness to implement a 50-basis-point reductionContinue Reading
EUR/USD Gains on Soft U.S. Jobs Data
Fundamental Analysis * Dollar Dip: The Euro strengthened against the U.S. dollar following Friday’s release of weaker-than-anticipated Nonfarm Payroll data. The U.S. Bureau of Labor Statistics reported that October’s NFP increased by only 12,000, after a downward revision in September’s figure to 223,000 from the initial 254,000, missing the expected 113,000. The Unemployment Rate heldContinue Reading
