About: lishitong
Recent Posts by lishitong
Soft Retail Sales Hammers Dollar
* Retail Sales came short, hammering the dollar. * Gold and Oil prices surge on the soft U.S. dollar. *Today’s PPI is focused on gauging the strength of the dollar. Fundamental Overview The eagerly awaited U.S. Retail Sales figures failed to sustain the positive sentiment generated by the robust Consumer Price Index (CPI) reading disclosedContinue Reading
Dollar Ease On Profit-Taking Sentiment
* U.S. Retail Sales and PPI are in focus after strong CPI. * Australian Job data came short, pressuring the Aussie dollar. *Japanese GDP failed to meet expectations, softening Japanese Yen sparking BoJ intervention speculation. Fundamental Overview The Dollar Index (DXY) initially gained momentum driven by positive Consumer Price Index (CPI) figures, but experienced aContinue Reading
Dollar Surges Amid Strong Inflation Report
* Driven by robust economic indicators, the Dollar Index surges, supported by better-than-expected economic performance, with January’s inflation exceeding expectations at 0.30% monthly and 3.10% year-on-year. * Market sentiments indicate a shift in Federal Reserve policy expectations, with no March rate cut, less than a 50% chance in May, and an 80% probability for aContinue Reading
Dollar Consolidates Ahead Of CPI Data
* Dollar in consolidation mode ahead of key economic data, investors are advised to continue eyeing on US CPI, which due release later this week for further trading signals. * Oil prices continue their upward trajectory amid persistent global supply concerns. Ongoing tensions in regions like the Red Sea and geopolitical factors, including Israel-Hamas negotiations,Continue Reading
Dollar Flat: Investors Await Key Inflation Report
* After a four-week climb, the Dollar Index sees a slight pullback as investors engage in profit-taking, fueled by positive economic indicators suggesting a potential delay in the Federal Reserve’s easing policy. * The week features a packed US economic calendar with events like retail sales and Federal Reserve speeches. Fundamental Overview The Dollar IndexContinue Reading
