About: lishitong
Recent Posts by lishitong
Buckle Up! Central Banks’ Rate Moves to Rock Forex Markets!
Tuesday, 28 January 2025, 17:00 – US CB Consumer Confidence (Jan) The U.S. Conference Board Consumer Confidence Index experienced a sharp drop in December, falling by 8.1 points to 104.7 from November’s 112.8, and coming in below economists’ forecast of 112.9. This significant decline highlights growing concerns about the economic outlook. The Expectations Index, whichContinue Reading
New Zealand Kiwi Rose As China Unveils Stimulus Measure
Fundamental Analysis * Fresh Stimulus: The New Zealand dollar gained against the U.S. dollar following new stimulus announcements from both China and New Zealand. On Thursday, Chinese authorities introduced measures to stabilize their stock markets, including allowing pension funds to increase investments in domestic equities. Additionally, state-owned insurance companies are set to inject hundreds ofContinue Reading
USD/CAD Rallied Amid Tariff Uncertainty
Fundamental Analysis * Levy Loom: The Canadian Dollar weakened against the U.S. Dollar as traders assessed President Trump’s policies and concerns over tariffs. On Tuesday, U.S. President Donald Trump announced plans to impose 25% tariffs on Canada and Mexico, along with duties targeting China and the European Union, effective February 1. These announcements put downwardContinue Reading
Pound Rises as Dollar Weakens Amid Trump’s Trade Policy
Fundamental Analysis * Wrong Footing: The pound sterling gained against the US dollar after President Trump made new remarks on tariffs. On Monday, the US dollar saw a sharp decline, losing over 1% on the index. This drop followed the revelation that tariffs were excluded from the executive orders President Trump signed during his firstContinue Reading
Gold Climbs as Traders Analyze Trump’s First Day in Office
Fundamental Analysis * Trump Takeover: Gold prices edged higher as the U.S. dollar weakened following Donald Trump’s speech, in which he softened his stance on aggressive tariffs. This shift eased concerns about inflationary pressures that could complicate the Federal Reserve’s ability to loosen monetary policy. President Trump also announced a national emergency concerning energy andContinue Reading
