About: lishitong
Recent Posts by lishitong
U.S. PCE Pressures Dollar To Trade Lower
* Dollar faces headwinds to trade lower as the latest PCE suggests the U.S. inflation is moderating. * Oil prices trade to its highest level in 2024 as the Red Sea tension escalated * Euro’s GDP due tomorrow while EUR/USD remains under pressure Fundamental Overview The US Dollar initially weakened following a lacklustre inflation report,Continue Reading
Prop Trading Tips For Beginners: A Comprehensive Guide
two prop traders sitting in office looking at trading chart
Understanding The Fundamentals Of Prop Trading
Understanding What Is Prop Trading Proprietary trading, alternatively known as prop trading, stands out as a fascinating option in the fast-paced world of finance where possibilities abound. In this guide, we will delve into some of the important basics of proprietary trading, clarify its methodologies, examine the different prop trading strategies a prop trader canContinue Reading
All Eyes On U.S. CPI Reading
Market focus is now trained on the impending U.S. Consumer Price Index (CPI) reading, anticipated to influence the dollar’s trajectory. The U.S. Dollar is holding firm above the $103.50 level, buoyed by the positive momentum gained from upbeat U.S. job data released last Friday. Market focus is now trained on the impending U.S. Consumer PriceContinue Reading
Dollar Surges On Exceptional Jobs Data
The US Dollar staged a robust rebound on stellar employment figures, with Nonfarm Payrolls exceeding expectations at 199K and the unemployment rate declining to 3.70%. The US Dollar staged a robust rebound on stellar employment figures, with Nonfarm Payrolls exceeding expectations at 199K and the unemployment rate declining to 3.70%. This unexpected strength sparked optimismContinue Reading
