Yearly Archives: 2023
Dollar Holds on to Gains After Hike Expectations Bounce
Written on April 20, 2023 at 5:11 am, by lishitong
USD remains elevated even as the economy shows signs of weakening The U.S dollar saw a bounce on Monday after a sustained dip on the back of signs of easing inflation and the recent bank stress. Resilient retails sales, optimistic earnings in Wall Street, and hike-signalling from the Fed have caused the dollar to surgeContinue Reading
Upcoming Changes to Trading Hours
Written on April 19, 2023 at 7:08 am, by lishitong
Dear Valued Client, Please be advised that the following instruments’ trading hours and market session times will be affected by the upcoming April holidays. Please refer to the table below outlining the affected instruments: * All hours are provided in GMT+3 (Server Time in MT4/MT5.) Please note that in the event of reduced liquidity inContinue Reading
Dollar Struggles as Investors Remain Sceptical of Fed’s Hawkish Tone
Written on April 19, 2023 at 6:03 am, by lishitong
The US Dollar continues to struggle as uncertainty over US monetary policy lingers in the global financial market. Despite hawkish comments from Atlanta Fed President Raphael Bostic and James Bullard regarding the need for rate hikes to combat inflation, market participants remain sceptical as the recent inflation data from the US region has shown signsContinue Reading
