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U.S. weak economic data strengthens bets on interest rate cuts, OPEC+ is reporte
On September 4, during the Asian session on Thursday, spot gold trading around $3,557/oz. Gold prices continued to rise on Wednesday, setting a new record high again to $3,578.29/oz. As the market strengthened expectations for the Federal Reserve‘s interest ra...
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The dollar fluctuates above the 98 mark, evidence of weak job market reappears
On September 4, in the early trading of Asian market on Thursday, Beijing time, the US dollar index hovered around 98.15. On Wednesday, the US dollar index fluctuated above the 98 mark. The US market fell sharply after the occupational vacancy data showed weak...
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Fed officials send a signal of interest rate cuts, the dollar index fluctuates n
In the Asian session on Thursday, the U.S. dollar index consolidated above the 98 mark, and the U.S. dollar fell against the yen and Swiss franc on Wednesday after previous economic data showed weak labor market conditions, supporting investors‘ expectations f...
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A collection of positive and negative news that affects the foreign exchange mar
The positive news of the US dollar: The US dollar index rose slightly by 0.2% to 104.1 on the same day, putting a certain suppression on metal prices. The U.S. financial regulatory policy has accelerated loosening and banking testing has decreased, which may i...
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Gold prices continue to hit historical highs, pointing to the 3600 mark, weak US
Basic news on Thursday (September 4, Beijing time), spot gold trading was around $3,557/oz, and gold prices continued to rise on Wednesday, setting a new record high again to $3,578.29/oz. As the market strengthened expectations for the Federal Reserve‘s inter...
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How to rewritten the trading logic of the foreign exchange market when volatilit
XM Forex APP News - On Wednesday (September 3), the global financial markets remained filled with a prudent atmosphere, especially in the context of continued high long-term bond yields. Although the recent wave of bond selling has cooled down, market particip...
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Overall sideways consolidation, risk aversion demand and Fed easing risk game
XM Forex APP News - During the European trading session on Wednesday (September 3), the US dollar index (DXY) hovered around 98.33. Safe-haven flows support the dollar as investors seek stability before key U.S. economic data are released. The current geopolit...
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The delay in the UK budget caused market panic, analysis of short-term trends of
Global Market Review 1. European and American market trends. The three major U.S. stock index futures rose and fell in unison. Dow futures fell 0.05%, S&P 500 futures rose 0.39%, and Nasdaq futures rose 0.62%. The German DAX index rose 0.64%, the UK FTSE 100 i...
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