About: lishitong
Recent Posts by lishitong
USD/CAD Sinks Following Weak U.S. Data
Fundamental Analysis * Data Dud: The Canadian dollar strengthened against the U.S. dollar following the release of U.S. retail sales data for January. According to the U.S. Census Bureau, retail sales—a key indicator of consumer spending—fell by 0.9%, a sharper decline than the anticipated 0.1%. In contrast, December’s figure was revised upward to a 0.7%Continue Reading
USD/JPY Slides as Dollar Weakens Amid Tariffs Fears
Fundamental Analysis * Dollar Under Pressure: The U.S. dollar retreats sharply, weighed down by concerns over U.S. economic stability and escalating trade tensions. * De-Dollarization Fears: Trump’s warning to BRICS nations about potential 100% tariffs if they attempt to establish their own currency has fueled concerns over de-dollarization, further weakening the greenback. * Yen Strength:Continue Reading
Major Central Banks’ Rate Decision: How Will Markets React?
Tuesday, 18 February 2025, 05:30 – RBA Interest Rate Decision (Feb) The Reserve Bank of Australia (RBA) held its interest rate at a 12-year high of 4.35% for the ninth consecutive meeting in December. However, the central bank softened its hawkish stance, hinting at a potential dovish shift. With inflation easing, the RBA is expectedContinue Reading
Gold Steadies Near Record as Trump Aggressive Tariffs Plans
Fundamental Analysis * Inflation vs. Safe-Haven Demand: Gold prices held near record highs as traders weighed strong U.S. inflation data against rising safe-haven demand driven by global trade uncertainty. * Fed Rate Cut Expectations: A hotter-than-expected U.S. CPI report led traders to scale back expectations for Fed rate cuts, pricing in only one cut instead of two. * TradeContinue Reading
USD/JPY Advances as Yen Declines Across the Board
Fundamental Analysis * Yen Meltdown: The Japanese yen has depreciated against the dollar, pulling back from a two-month high due to weak economic data from Japan and growing concerns over potential U.S. tariffs. The Ministry of Finance reported that Japan’s Current Account balance fell sharply to 1,077.3 billion yen, down from November’s 3,352.5 billion yen.Continue Reading
