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About: lishitong

Recent Posts by lishitong

Dollar Steady, Focus On Interest Rate Decisions

* Gold and oil prices surge amid Middle East tensions.. * U.S. equities rally pre-earnings, spotlight on mega-caps Microsoft, Apple, and Amazon. * All attention on today’s release of Euro’s GDP. Fundamental Overview Amidst a sideways trend in the U.S. dollar, market focus intensifies on the upcoming Federal Reserve interest rate decision and release ofContinue Reading

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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

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Prop Trading Tips For Beginners: A Comprehensive Guide

two prop traders sitting in office looking at trading chart

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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

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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

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