The following article was written by ATFX Chief Analyst of Asia Pacific, Martin Lam. Last week, US President Trump once expressed concern about the strong dollar and the Fed’s interest rate hike, and believed that the strength of the dollar may damage the US economy. This kind of interventionary speech caused the dollar to fall.…
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The following article was written by ATFX Chief Analyst of Asia Pacific, Martin Lam. Last night, Federal Reserve Chairman Powell attended the hearing. He said that the US economy has maintained strong economic growth in the first half of the year and welcomed the Fed’s continued “gradual” rate hike, which is a hawkish remark. Although…
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The following article was written by ATFX Chief Analyst of Asia Pacific, Martin Lam. Before the weekend, OPEC and non-OPEC oil producers finally reached a constructive agreement and decided to increase crude oil production appropriately from July. As the international crude oil market increased by nearly 1 million barrels a day in the second half…
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