News: 2024.03.15
On Friday (March 15), the currency market was affected by a series of economic data releases, central bank decisions and technical factors, resulting in continued volatility and cautious trading sentiment. Specifically, the Empire State Manufacturing Index of New York State in the United States is...
According to the latest data, the Empire State Manufacturing Index in the US state of New York showed a certain degree of growth, which had a certain impact on the performance of the US dollar. Investors' optimism about the U.S. economy has increased, which has also led to some fluctuations in the U.S. dollar in the market.
In this case, GBP/USD trading was also affected to a certain extent. The issue of Brexit remains one of the focuses of market attention, and coupled with the impact of U.S. economic data, the exchange rate of GBP against the U.S. dollar has also seen some fluctuations.
On the other hand, the Japanese yen, as a safe-haven currency, tends to be stable during market fluctuations. The trading of EUR/JPY is affected by both the economic data of the Eurozone and the policy of the Bank of Japan. Investors need to be cautious in dealing with this fluctuation.
In general, currency market fluctuations are affected by many factors, and investors should pay close attention to changes in economic data and central bank policies to formulate reasonable trading strategies. In this situation, risk management and prudent trading are crucial.