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A collection of good and bad news affecting the foreign exchange market
1. Core policy aspects: The Federal Reserve’s interest rate cut is implemented, and global central banks are divided into key variables. 1. The Federal Reserve’s interest rate cut: short-term negative for the US dollar, hawkish guidance to limit the decline (l...
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Oil prices have fallen for three consecutive trading days, and the safe-haven ap
Basic news On Wednesday (October 29, Beijing time), spot gold was trading around US$3,950 per ounce. Gold prices fell to a three-week low on Tuesday as hopes of progress in trade negotiations weakened gold’s safe-haven appeal, while investors’ attention turned...
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In the secret room of the 27 EU countries, the vote of the century will change t
XM Foreign Exchange APP News - The European Union plans to push for the final signing of the agreement with the Southern Common Market (Mercosur) before Christmas. The Southern Common Market (Mercado Común del Sur, Mercosur for short) is the most influential r...
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The U.S. bond market has gathered multiple positives. Analysis of the short-term
Global Market Overview 1. European and American market conditions The three major U.S. stock index futures all rose, with the Dow futures rising 0.27%, the S&P 500 futures rising 0.03%, and the Nasdaq futures rising 0.12%. Germany‘s DAX index rose 0.16%, Brita...
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Sino-US trade optimism ahead of Fed meeting, US dollar weakens, gold falls below
Market sentiment remained upbeat in early trading on Tuesday, with gold extending its losses as investors cheered news of a U.S.-Japan trade deal while remaining optimistic about a U.S.-China deal. The U.S. economic calendar will release October consumer confi...
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Gold and US dollars tumble, U.S. stocks soar, the Fed’s QT policy reaches an inf
In the Asian market on Monday, the U.S. dollar index fluctuated downwards, and finally closed slightly down 0.13%. As of now, the U.S. dollar is quoted at 98.60. Overview of foreign exchange market fundamentals: Amazon plans to lay off up to 30,000 people. Zel...
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The Fed's decision to cut interest rates is imminent, and the U.S. dollar index
XM Foreign Exchange APP News - The U.S. dollar index (DXY) weakened slightly on Monday (October 28), but remained near 98.90, as traders awaited key macroeconomic catalysts, especially the Federal Reserve‘s two-day policy meeting starting on Tuesday. The U.S. ...
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Trump has yet to seriously consider a third term as thawing trade tensions weake
On October 28, spot gold was trading around US$4,000 per ounce. Gold prices fell more than 3% on Monday as signs of thawing trade tensions weakened gold‘s safe-haven appeal while market participants awaited the Federal Reserve‘s interest rate decision this wee...
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