Monthly Archives: June 2023
What Is A Breakout Trading Strategy
Written on June 22, 2023 at 7:50 am, by lishitong
Breakout trading strategy has gained significant popularity among traders seeking to capitalize on powerful price movements in financial markets. By identifying key breakout points, traders can ride the wave of momentum and potentially increase their chances of success. In this comprehensive guide, we will explore the ins and outs of a breakout trading strategy, includingContinue Reading
Powell Signals Higher Rates
Written on June 22, 2023 at 6:36 am, by lishitong
On the first day of Jerome Powell’s two-day testimony before the House, the Federal Reserve Chair delivered a semi-annual monetary policy report. The equity markets and the dollar both experienced declines as Powell took a hawkish stance, stating that the central bank would need to raise interest rates further to curtail U.S. growth and addressContinue Reading
Dollar Stands Pat Ahead Of Powell’s Testimony
Written on June 21, 2023 at 5:48 am, by lishitong
Fed Chair Jerome Powell is due to give his twice-yearly testimony before congress today The market is exhibiting cautious sentiment as it edged lower in anticipation of Fed Chair Jerome Powell delivering his semi-annual monetary policy report before the House today (21st June). Investors closely scrutinise this two-day testimony to gain insights into the Fed’sContinue Reading
