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The U.S. says it will sign a $490 billion investment agreement with Japan and pa
Spot gold was trading around $3,955 an ounce on October 29. Gold prices fell to a three-week low on Tuesday as hopes for progress in trade talks dented gold‘s safe-haven appeal while investors‘ attention turned to the Federal Reserve‘s interest rate decision t...
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The U.S. dollar index remains volatile as Trump attacks Powell again
On October 29, in early trading in Asia on Wednesday, Beijing time, the U.S. dollar index hovered around 98.64. On Tuesday, investors focused on the upcoming Federal Reserve interest rate decision, and the U.S. dollar index remained volatile, eventually closin...
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Dollar bearish momentum builds ahead of Fed decision
In Asian trading on Wednesday, the U.S. dollar index hovered above 98. On Tuesday, after the release of a number of U.S. economic data, the U.S. dollar fluctuated sharply against the euro. The U.S. dollar index fell 0.08% in late trading to 98.69; the euro ros...
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A collection of good and bad news affecting the foreign exchange market
1. Core policy aspects: The Federal Reserve’s interest rate cut is implemented, and global central banks are divided into key variables. 1. The Federal Reserve’s interest rate cut: short-term negative for the US dollar, hawkish guidance to limit the decline (l...
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Oil prices have fallen for three consecutive trading days, and the safe-haven ap
Basic news On Wednesday (October 29, Beijing time), spot gold was trading around US$3,950 per ounce. Gold prices fell to a three-week low on Tuesday as hopes of progress in trade negotiations weakened gold’s safe-haven appeal, while investors’ attention turned...
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In the secret room of the 27 EU countries, the vote of the century will change t
XM Foreign Exchange APP News - The European Union plans to push for the final signing of the agreement with the Southern Common Market (Mercosur) before Christmas. The Southern Common Market (Mercado Común del Sur, Mercosur for short) is the most influential r...
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The U.S. bond market has gathered multiple positives. Analysis of the short-term
Global Market Overview 1. European and American market conditions The three major U.S. stock index futures all rose, with the Dow futures rising 0.27%, the S&P 500 futures rising 0.03%, and the Nasdaq futures rising 0.12%. Germany‘s DAX index rose 0.16%, Brita...
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Sino-US trade optimism ahead of Fed meeting, US dollar weakens, gold falls below
Market sentiment remained upbeat in early trading on Tuesday, with gold extending its losses as investors cheered news of a U.S.-Japan trade deal while remaining optimistic about a U.S.-China deal. The U.S. economic calendar will release October consumer confi...
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