About: jonywang

The much-anticipated U.S. PCE reading, the Federal Reserve’s preferred inflation gauge, was released yesterday, meeting market expectations at 2.4%. The much-anticipated U.S. PCE reading, the Federal Reserve’s preferred inflation gauge, was released yesterday, meeting market expectations at 2.4%. As the market awaits comments from Federal Reserve officials regarding the PCE inflation gauge, gold prices haveContinue Reading

Fundamental Analysis German Data Disappoints, Economic Weakness: The EUR/USD lost its upward momentum following a mix of lackluster German Retail Sales and Consumer Price Index (CPI) report that fell short of expectations. January’s German YoY Retail Sales of -1.4% were slightly better than the forecast of -1.5%, reflecting a modest improvement from the previous -1.7%.Continue Reading

Dear Valued Client, Please be advised that the following instruments’ trading hours and market session times will be affected by the upcoming March holidays. Please refer to the table below outlining the affected instruments: Note: In the event of reduced liquidity in the market, spreads might significantly increase from their normal average level. The aboveContinue Reading