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The US dollar gains support, and the Federal Reserve's interest rate cut was fin
The US dollar (USD) stabilized after falling Thursday as market focus turned to preliminary data on September Consumer Confidence Index from the University of Michigan (UoM). Market participants will also closely monitor comments from European Central Bank off...
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The initial data confirms that employment is weak and inflation is dull!
Asian market market on Thursday, U.S. inflation data in August was slightly hot, and initial unemployment claims data were weaker than expected, strengthening expectations for the Fed‘s interest rate cut. The US dollar index fell, and so far, the US dollar pri...
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CPI and unemployment benefits data push up Federal Reserve bets on interest rate
XM Forex APP News - On Thursday (September 11), the US dollar index (DXY) tried to rebound to the technical threshold above the 50-day moving average, but encountered short suppression at the 98.087 position, and the recovery efforts were declared a failure. T...
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ECB keeps three key interest rates unchanged, U.S. initial request data surges t
On Friday, September 12, spot gold trading around $3,634/ounce, gold prices narrowed their declines on Thursday, staying near historical highs. Investors still bet on the Fed to cut interest rates next week as weak U.S. employment data overwhelmed concerns abo...
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US CPI data hit a new high since January, US dollar fell
On September 12, in the early trading of Asian market on Friday, Beijing time, the US dollar index hovered at 97.55. On Thursday, U.S. inflation data in August was slightly hot, and initial unemployment claims data were weaker than expected, strengthening expe...
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CPI and unemployment benefits data push up Federal Reserve bets on interest rate
In Asian session on Friday, the U.S. dollar index remained weak, and the U.S. dollar weakened against major currencies such as the euro and the Japanese yen on Thursday. U.S. inflation data for August was slightly hot, and initial unemployment claims data were...
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A collection of positive and negative news that affects the foreign exchange mar
In the foreign exchange market, various news is like the guidance of a weather vane, which profoundly affects the trend of currency exchange rates. For investors, accurately grasping these positive and negative news is the key to making wise investment decisio...
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Gold prices remain stable at high levels, weak demand fears dragging oil prices
Basic news on Friday (September 12 Beijing time), spot gold trading around $3,634/ounce, gold prices narrowed their declines on Thursday, staying near historical highs. Investors still bet on the Fed to cut interest rates next week as weak U.S. employment data...
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