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US dollar index lowers under pressure, Milan
On September 2, in the early trading of Asian market on Tuesday, Beijing time, the US dollar index hovered around 98.14. On Monday, the dollar index fell under pressure and finally closed down 0.17% to 97.68 as markets stakes on the Fed‘s interest rate cuts we...
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The dollar continues to weaken, and the market focuses on key U.S. data
In the Asian session on Tuesday, the dollar index fluctuated slightly, the dollar hit a five-week low on Monday, and investors awaited a series of U.S. job market data for the week that could impact expectations of the Federal Reserve‘s monetary policy path. T...
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A collection of positive and negative news that affects the foreign exchange mar
1. Many countries around the world have reduced their dependence on the US dollar, and their status may be impacted (badly negative US dollar). Recently, many countries around the world have sent signals to reduce their dependence on US dollar assets. Swiss Na...
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Silver breaks through $40 for the first time in fourteen years, Fed rate cuts bo
Basic news on Tuesday (September 2 Beijing time), spot gold trading was around $3,480/ounce, and gold prices hit a four-month high on Monday to $3,489.78/ounce, only $10 away from the April high. Boosted by the Federal Reserve‘s interest rate cut bets and the ...
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Trump's tariffs may be illegal, and non-farm interest rate cuts will be confirme
On September 1, despite the risk aversion of the market environment, the US dollar index was on the defensive trend at the beginning of the new week and month, continuing its bearish momentum. China‘s private sector manufacturing activity unexpectedly resumed ...
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Seven major events to happen in the global market this week
After last month’s major amendment, the U.S. non-farm employment data (NFP, became even more important. The prospect of the job report is suspense, and there are two court cases that have attracted much attention. 1. Trade frictions may be exacerbated by Trump...
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Expectations of interest rate cuts in September are solid! The US dollar is test
The Asian market market last Friday, as US inflation data basically meets expectations, strengthening the expectation that the Federal Reserve may cut interest rates next month. The US dollar index rose first and then fell. As of now, the US dollar is quoted a...
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President Trump puts further pressure on the Fed, U.S. non-farms become the focu
On September 1, during the Asian session on Monday, spot gold traded around $3,450/ounce. Gold prices hit their best monthly performance since April last Friday, with a high of $3,453.82/ounce as U.S. inflation data strengthened expectations that the Federal R...
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