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Gold prices approach 4,000 mark, Fed rate cut expectations heat up, political un
Basic news on Tuesday (October 7 Beijing time), spot gold trading was around $3,971/ounce, and gold prices hit a new record high on Monday to $3,976.06/ounce, boosted by rising expectations of a Fed rate cut this month and economic and political uncertainty in...
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Under political uncertainty, the US dollar forms bearish momentum below the 50-d
XM Forex APP News - During the afternoon session on Friday (October 3), the US dollar index fell 0.1% to 97.74, and is expected to record a weekly decline, and this will be the largest single-week decline since July. Judging from the price trend, the index has...
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A collection of positive and negative news that affects the foreign exchange mar
1. US dollar index: positive and negative news intertwined, the tug-of-war at the 97.7 mark intensified 1. Core positive factors geopolitical risk aversion demand heats up: on October 6, Israeli "challenge off the air" escalated, Israel‘s defense minister sent...
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Trump's 20-point plan violates the draft submitted by many countries, and analys
Global Market Review 1. The three major futures in Europe and the United States rose, with the S&P 500 futures rising 0.2%, the Nasdaq 100 futures rising 0.3%, and the Dow futures rising 0.2%. The European Stoke 50 index rose 0.35% on the opening, the UK‘s FTS...
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Weak employment data drags down the dollar
XM Forex APP News - During the European trading session on Thursday (October 2), the US dollar index (DXY) fell slightly, with an intraday report of 97.58, a drop of 0.16%. Following a slight rebound overnight, the index lacks momentum. The US dollar index has...
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Federal Reserve Director Milan advocates a sharp cut in interest rates, analysis
Global Market Review 1. European and American market trends. The three major U.S. stock index futures rose, Dow futures rose 0.42%, S&P 500 futures rose 0.45%, and Nasdaq futures rose 0.56%. The German DAX index rose 0.15%, the UK FTSE 100 index rose 0.55%, th...
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The U.S. government is imminent! New tariffs are approaching, US dollar falls
On September 29, the US dollar (USD) started the week with a bad start, under pressure from the increased risk of the U.S. government shutdown. Meanwhile, gold prices continued to rise after consolidation last week, trading at an all-time high above $3,800. Th...
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Inflation is stable and interest rate cuts, the fate of the US dollar is depende
Asian market conditions last Friday strengthened the market‘s bet on the Fed‘s possible rate cut later this year as U.S. inflation data meets expectations. The US dollar index fluctuates downward, and as of now, the US dollar is priced at 97.94. Overview of th...
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