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About: josephine

Recent Posts by josephine

PBoC sets firmer USD/CNY fixing but keeps yuan below market estimates to aid exports

PBoC set USD/CNY fix at 6.7766, signaling tolerance for weaker yuan; traders eye depreciation and hedging.

API data show US crude inventories fall 0.3m barrels, missing forecasts of 1.3m draw

API reported US crude inventories fell 0.3 million barrels to September 4, smaller than the expected 1.3 million.

Oil Surges Above $100 as Middle East Supply Risks Intensify

Brent crude climbed above $100 as Middle East tensions raised supply concerns. Traders watch the Strait of Hormuz, inflation risks and US CPI data.

What Is RSI in Trading? The Two Numbers Most Traders Misread

Above 70 sell, below 30 buy. That shortcut is why so many traders misread the Relative Strength Index. Here is the regime-first framework, the maths behind the RSI formula, and the advanced signals that actually carry trigger rules.

Mexican peso steadies near yearly highs as fiscal plan reins in deficit, markets await US inflation data

Mexican peso near yearly highs after Mexico’s fiscal package; USD/MXN steady ahead of US inflation data.

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