Shueh Ting Wong

CFD Indices – Nasdaq Fall Into Correction Territory On Interest Rate Hike

January 21, 2022January 21, 2022Shueh Ting Wong

Market News

U.S. major indexes ended sharply lower on Thursday and a rally in U.S. stocks evaporated late in the session as investors considered whether equities were bargains after a sell-off to start the year that has seen the Nasdaq fall into correction territory.

FX Commentary – Dollar Fell On High Inflation And Tightening Monetary Policy Fears

January 21, 2022January 21, 2022Shueh Ting Wong

– The dollar was down on Friday morning as fears on high inflation and tightening monetary policy soured investor sentiment, driving gains for the safe-haven Japanese yen vis-a-vis the riskier Australian dollar.… Read More

FX Commentary – Dollar Fell On Interest Rate’s Retreat

January 20, 2022January 20, 2022Shueh Ting Wong

– The dollar fell on Wednesday due to the retreat of U.S. Treasury yields after hitting roughly two-year peaks on 2-year and 10-year notes but it remains steady as investors prepared for a widely expected interest rate increase in March.… Read More

FX Commentary – USD Stronger On Rising US Treasury Yield

January 19, 2022January 19, 2022Shueh Ting Wong

– The dollar stays firm on Wednesday after U.S. yields vaulted it up sharply on the euro overnight, putting it back above support levels that have held for the past few months in anticipation of rising U.S.… Read More

CFD Indices – Nasdaq Slid Most Resulting From Goldman Sachs’ Weak Results

January 19, 2022January 19, 2022Shueh Ting Wong

Market News

Wall Street’s main indexes sink on Tuesday, with Nasdaq fell most among major indexes, as weak results from Goldman Sachs weighed on financial stocks and tech shares continued their sell-off to start the year as U.S.