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About: jonywang

Recent Posts by jonywang

Understanding Fundamental Forex Trading Basics

Content: What Is Forex Or The Foreign Exchange? Example Of Forex Trading When Is Forex Traded? What Are Quotes In Forex Trading? How Do You Read A Forex Quote? Understanding What Is A Pip And A Lot Explaining The Bid, Ask And Spread In Forex Trading What Does It Mean To Go Long Or ShortContinue Reading

Softer Job Data Hammers Dollar

The decline in U.S. JOLTs Job Openings signals a cooling labor market, leading to a significant setback of nearly 5% for the dollar. In an unexpected turn, the U.S. JOLTs Job Openings report displayed a decline from its previous reading of 9.17 million to the current figure of 8.83 million, signalling a cooling labour market.Continue Reading

Fed Faces Crucial Decisions

The Week Ahead: Week of 24 July (GMT+3) Tuesday, 25 July, 17:00 US CB Consumer Confidence (Jul) Despite the Federal Reserve’s efforts to curb inflation through interest rate hikes, the U.S. economy maintains positive performance. Consumer confidence reached its highest level in June, rising from 102.5 to 109.7. However, Dana Peterson, Chief Economist at TheContinue Reading

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