Monthly Archives: July 2024
Technical Analysis: Mastering Smart Money Concepts (SMC) and Inner Circle Trader (ICT)
Written on July 25, 2024 at 6:41 am, by lucaszhang
Biden’s Election Withdrawal Bolstering Dollar?
Written on July 25, 2024 at 6:41 am, by
Market Summary Biden’s withdrawal from the upcoming U.S. presidential election has thrown a stun grenade into the market, with most asset classes standing pat as investors digest the event. The dollar remains poised at its high from last Friday, with expectations of strengthening as Trump’s advocacy may favor the greenback. Meanwhile, the U.S. equity marketContinue Reading
Wall Street Faces Headwind And Plummet
Written on July 25, 2024 at 6:28 am, by
Market Summary The U.S. job data released yesterday bolstered speculation of a September Fed rate cut. Initial Jobless Claims saw the biggest increase since May, suggesting the labor market in the U.S. is easing, and inflation is cooling as a result. Despite this, the dollar took a breather from its downtrend and found footing nearContinue Reading