About: lishitong
Recent Posts by lishitong
Yen Rallies On BoJ Hawkish Comment
Governor Ueda remarked on the exploration of diverse options to navigate the country out of its negative interest rate regime leading to a substantial 2% drop in the USD/JPY pair overnight The Japanese Yen staged a robust rally in the previous session, leading to a substantial 2% drop in the USD/JPY pair overnight. This surgeContinue Reading
Economists Anticipate The Fed To Keep Rates Steady In December
Tuesday, 12 Dec, 15:30 – US CPI (MoM) (Nov) In October, the Consumer Price Index (CPI) remained at 0.0%, below the predicted 0.1%, sustaining stability after a 0.4 percent rise in September. The broader all items index indicated a slowdown, reflecting a trend of price stability across various sectors. Wednesday, 13 Dec, 09:00 – UKContinue Reading
Dollar Mutes As U.S. Job Data Comes Short
In yesterday’s highly anticipated release of the ADP Non-Farm Unemployment Change data, the dollar failed to gather momentum as the figure came short. In yesterday’s highly anticipated release of the ADP Non-Farm Unemployment Change data, the dollar failed to gather momentum as the figure came short. Persistent downward pressure on the dollar’s strength ensued asContinue Reading
Dollar Bolsters Due To PMI Readings
The latest U.S. Job Opening data, dropping to its lowest level since March 2021 at 8.73 million, offers a preliminary insight ahead of the crucial NFP The latest U.S. Job Opening data, dropping to its lowest level since March 2021 at 8.73 million, offers a preliminary insight ahead of the crucial Non-Farm Payrolls (NFP) reportContinue Reading
Dollar Gains Ahead Of NFP
Wall Street’s bullish momentum showed signs of easing, coinciding with the U.S. dollar stabilising ahead of the eagerly anticipated U.S. job data (NFP) Wall Street’s bullish momentum showed signs of easing, coinciding with the U.S. dollar stabilising ahead of the eagerly anticipated U.S. job data (NFP) set for release this Friday. Market sentiment was impactedContinue Reading
