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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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The US dollar index maintains a volatile pattern, and the market focuses on US e
In the Asian session on Monday, the U.S. dollar index hovered around 97.79, and the U.S. dollar weakened against the euro and Swiss franc last Friday, with the U.S. dollar index recording a monthly decline of about 2% in August as traders prepare for the Fed‘s...
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Fed's favorite inflation indicator supports interest rate cuts in September, Tru
On September 1, in the early trading of Asian markets on Monday, Beijing time, the US dollar index hovered around 98.14. Last Friday, as U.S. inflation data basically met expectations, strengthening the Fed‘s expectations that interest rate cuts next month, th...
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A collection of positive and negative news that affects the foreign exchange mar
In the changing pattern of the foreign exchange market, the daily news face is like a baton, leading the ups and downs of the exchange rate. For foreign exchange trading on September 1, sorting out and interpreting the key positive and negative news in the nea...
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