“UK’s inflation hit its highest level in 40 years, tightening looms but expects moderation.” Pound sterling stages its rebound from lower level, buoyed by recent release of economic data in UK. Yesterday, annual data shows that CPI rose 9.4%, well above consensus of 9.3%. While the number remains at its highest level in 4 decades, View more

“Canada inflation rate is more persistent than BoC expected, which may warrant for more aggressive rate hike.” Canadian dollar received ample bidding for the week as greenback decides to extend its weakness. Last week, Bank of Canada surprises the market with 100-basis point rate hike to combat rising inflation. Inflation in Canada which currently hovers View more

“Two prominent hawks from Fed favors conservative approach in tightening monetary policy.” US dollar extended is drip from higher levels as Fed remains conservative with regards to future policy tightening plans. Previously, investors poured into the greenback as they expect Fed to deliver a super-sized tightening of up to 100 basis point rate hike. However, View more

“US inflation soared 9.1%, its highest in four decades.” Greenback extended its bullish thrust, charting at 24-years high against the Japanese Yen. Market participants pours into the US dollar following heightened bets for a faster pace of rate hike from Federal Reserve. Overall sentiments were stoked after recent data shows that US headline and Core View more

“Stubbornly US inflation drove US dollar to a decade high.” Gold price slipped towards mid-$1,700 threshold as investors continue to bet upon “hot inflation” in United States. Several series of data shows persistency in inflation as it continues to hover at four-decades high. Global supply chain disruption is left to blame as world’s largest manufacturing View more

黄金  经济衰退问题继续发酵，工业需求前景黯淡。因为加息缘故，导致美元持续升值。其他地区的不景气令非美货币持续下跌，资金流向美元。美元上升将会利空黄金。预料黄金在欧洲经济情况不明朗之下，将会持续走弱。  交易策略  已经下破1800美元，持有空仓的朋友可以继续，预料仍有进一步下跌空间  阻力位：1775美元  短线支持位：1700美元  图1：黄金价格日线图（资料来源：MT4）  美元兑日元  根据新闻报道，日本前首相安倍晋三正式确认遇刺身亡，终年67岁。事件也揭露了日本经济不平衡，和社会问题等严重矛盾。日元走势继续受到美元升值影响而持续下跌。短线仍然有下跌空间，但中长线继续走势已经出现背离情况，预料继续大幅下跌的空间有限。  交易策略  以135.4为支撑位，上望140.00关口  阻力位：140.0000  支持位： 135.4000  图2：美元兑日元日线图（资料来源：MT4）  ZFX (Zeal Capital Market) 一家获得FSA 许可的在线外汇和差价合约经纪商，提供超过 100 种 外汇，商品，股票指数和股票差价合约产品。开设一个交易账户，最低入金 50 美元。现在就下载我们的MT4 交易平台吧！  View more

“Investors await US Nonfarm Payrolls report which may signal the pace of inflation.” Pound sterling adheres to bearish pressure as market participants placed higher bets upon US dollar prior to Nonfarm Payrolls report. For last month, investors are expecting Nonfarm Payrolls to increase by 268,000, a substantial decrease when compared to previous month. While a View more

“Rising energy cost in Europe poses great threat towards its economic outlook.” Euro plunged towards 20-years low against the greenback as Europe’s energy crisis casts a bleak shadow over its economic outlook. German Chancellor Olaf Scholz urged for a swift transition towards green energy to counter Russia’s move of using commodity as a political weapon. View more

“Xi’an, the city of 13 million residence enters into lockdown.” Market demand for greenback was invigorated as recession fears send investors scavenging for safe-haven assets. According to reports, Xi’an entered a seven-day period of lockdown after 18 coronavirus cases were reported in the city. Public entertainment venue such as pubs, internet cafes and karaoke will View more

“According to Bank of Canada, inflation is viewed as being more pervasive.” Recently, Bank of Canada announced that consumer expectations for inflation have risen, alongside with concern towards price of food, gas, and rental. In a separate survey, BoC reported that businesses in Canada expects inflation to linger at higher level for longer-term and many View more