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On October 14, in early Asian trading on Tuesday, Beijing time, the U.S. dollar index hovered around 99.31. On Monday, the U.S. dollar index rose back above the 99 mark and finally closed up 0.43% at 99.261. U.S. bond yields fluctuated sideways, with the bench...
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A collection of good and bad news affecting the foreign exchange market
A stronger U.S. dollar index is good for the U.S. dollar. On October 13, the U.S. dollar index rebounded 0.42%. On the 14th, the U.S. dollar index rose 0.43% to 99.26. As Trump eased his trade rhetoric, the Treasury Department released potential signals of tar...
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Three big things happening in global markets this week
Market Volatility – Trade headlines triggered wild price swings at the start of the week, and that’s just the beginning. Monday is a U.S. bank holiday and a lack of economic data is unlikely to stem market volatility. 1. Are rare earths dominating tensions bet...
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The U.S. government has been shut down for more than a week, and the yen collaps
It‘s been a tense week for global markets as the U.S. government shutdown enters its second week. Things that initially seemed innocuous are now beginning to unsettle investors. The lack of economic data and the increasing uncertainty caused by the sharp rise ...
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Dollar rally paused, gold fell below 4,000
On October 10, the US dollar (USD) fell back after four consecutive days of gains, as the market awaited preliminary data from the University of Michigan (UoM) consumer confidence index for October. In the second half of the day, Statistics Canada will release...
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The technical structure of Europe and the United States has turned bearish, and
In the Asian market on Thursday, the U.S. dollar index rose for the fourth consecutive trading day, standing above the 99 mark. As of now, the U.S. dollar is quoted at 99.32. Overview of foreign exchange market fundamentals Federal Reserve - ①Williams: Support...
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Hamas signs Gaza ceasefire agreement, US Bureau of Labor Statistics prepares to
On October 10, spot gold was trading around US$3,984.70 per ounce. Gold prices fell from a record high of US$4,059.07 per ounce on Thursday as the US dollar strengthened and gold investors took profits after Israel and Hamas reached a ceasefire agreement. Taka...
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The dollar stands at the 99 mark, and the Fed’s “third leaders” support further
On October 10, in early trading in Asia on Friday, Beijing time, the U.S. dollar index was hovering around 98.38. On Thursday, the U.S. dollar index rose for the fourth consecutive trading day, standing above the 99 mark, and finally closed up 0.56% at 99.39, ...
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