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The Federal Reserve cut interest rate bets in September, and Europe supports Ukr
On August 18, during the Asian session on Monday, spot gold remained stable at around $3,333 per ounce. The inflation data was higher than expected and prompted the market to cut bets for interest rate cuts. At the same time, the geopolitical situation in the ...
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The dollar index continues to fall, and Fed Daly predicts two interest rate cuts
On August 18, in the early trading of Asian market on Monday, Beijing time, the US dollar index hovered around 98.86. Last Friday, the US dollar index continued to fall during the day, falling below the $98 mark intraday, and finally closed down 0.36% to 97.82...
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Inflation rises again! PCE rebounds may subvert expectations of interest rate cu
The US dollar index rebounded on Thursday, and then the US dollar index expanded its gains and returned to above the 98 mark as the US PPI index in July was higher than expected, which may suggest that inflation would rise generally in the next few months. As ...
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The US yield curve steeply sounds the inflation alarm, but Europe has a chance t
XM Forex APP News - On Friday (August 15), the euro closed down 0.5% against the US dollar during the Asian session. On Thursday night, the euro closed down 0.5% against the US PPI index exceeded expectations and the euro short-end long-end interest rate swap ...
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Steel mill shutdowns and import price increases may hit the US dollar
XM Forex APP News - According to the Chicago Mercantile Exchange‘s FedWatch tool on Thursday (August 14), the market expects the possibility of the Federal Reserve cutting interest rates in September as moderate inflation data in July shows that the transmissi...
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The US dollar hovers below the 98 mark, waiting for US data
Earlier on Thursday, the pound remained resilient against its competitors, backed by optimistic data releases. In the second half of the day, July producer inflation data and weekly initial jobless claims will appear in the U.S. economic calendar. The Office f...
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Trump issued another harsh warning to Putin before the meeting, Powell may perso
On August 14, during the Asian session on Thursday, spot gold traded around $3,360/ounce, and gold price gains were boosted by weakening the U.S. dollar and lower U.S. Treasury yields. Moderate U.S. inflation data consolidated expectations of the Fed‘s interes...
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The US dollar index has been falling continuously, and competition for the posit
On August 14, in the early trading of Asian market on Thursday, Beijing time, the US dollar index hovered around 97.67. On Wednesday, as investors basically confirmed that the Federal Reserve cut interest rates in September, the US dollar index fell for the se...
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