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Expectations of interest rate cuts coupled with improved risk sentiment put the
In Asian trading on Thursday, the U.S. dollar index hovered at 98.53. The main reason for the pressure on the U.S. dollar came from Federal Reserve Chairman Jerome Powell. The positive sentiment in European and U.S. stock markets also led to capital outflows f...
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A collection of good and bad news affecting the foreign exchange market
1. The US dollar: the long-short game between easing expectations and debt concerns (1) Positive factors: The consensus on easing within the Federal Reserve has strengthened: Powell reiterated on the 14th that there is "no preset path" for policy, Governor Bow...
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The United States and Israel once again threaten Hamas to disarm, trade tensions
In terms of basic news, on Thursday (October 16, Beijing time), spot gold was trading around US$4,210.94 per ounce. On Wednesday, the price of gold stood above the US$4,200 per ounce mark, reaching a maximum of US$4,218.14 per ounce, as bets on interest rate c...
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The euro passed the 1.1600 life and death barrier! The double bottom signal flas
XM Foreign Exchange APP News - During the Asia-Europe session on Wednesday, the exchange rate of the euro against the US dollar held the 1.1600 mark and made a breakthrough upward. The exchange rate is currently stepping back to the breakthrough level. During ...
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Is the United States sounding the stagflation alarm? Powell's speech sends dolla
XM Foreign Exchange APP News - Deloitte survey data shows that 57% of Deloitte‘s annual survey released on Wednesday showed that as the holiday shopping season approaches, the majority of American consumers are pessimistic about the current economic situation....
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Bank of America’s quarterly results are impressive, analysis of short-term trend
Global Market Overview 1. European and American market conditions. The three major futures indexes all rose. The Dow futures rose 0.30%, the S&P 500 futures rose 0.46%, and the Nasdaq futures rose 0.65%. Germany‘s DAX index rose 0.02%, Britain‘s FTSE 100 index...
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Dollar slips on U.S.-China tensions, gold tops $4,200
Gold extended its impressive rally to a new all-time high above $4,200 on Wednesday, October 15, as the market assessed the latest headlines surrounding U.S.-China relations. The U.S. economic calendar will release weekly mortgage applications and the New York...
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The U.S. dollar index weakens across the board, and political turmoil in France
In Asian trading on Wednesday, the U.S. dollar index hovered around 99. On Tuesday, the U.S. dollar index weakened across the board. The reason is self-evident: Sino-U.S. trade tensions have heated up again, undermining the short-term optimism over the weekend...
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