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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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Weaker yen, euro push up U.S. dollar index, Fed signals support gains
XM Foreign Exchange APP News - During the U.S. trading session on Thursday (October 9), the U.S. dollar index rose 0.54% to 99.377, hitting the highest level since August 1. The U.S. dollar strengthened across the board. USD/JPY daily trend The yen continued t...
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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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The U.S. dollar index fluctuated above the 99 mark, and the Federal Reserve rele
In Asian trading on Friday, the U.S. dollar index hovered above the 99 mark. The yen fell to its lowest level against the U.S. dollar since mid-February on Thursday. Sanae Takaichi, the newly elected chairman of Japan‘s ruling party, failed to give the market ...
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A collection of good and bad news affecting the foreign exchange market
Good news: Federal Reserve officials released a signal to cut interest rates: New York Fed President Williams supports further lowering interest rates during the year to deal with the risk of a sharp slowdown in the labor market. This statement strengthened ma...
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Gold prices fell nearly 2% from historical highs as Hamas signed a Gaza ceasefir
Basic news: On Friday (October 10, Beijing time), spot gold was trading around US$3,984.70 per ounce. The price of gold fell back from a record high of US$4,059.07 per ounce on Thursday due to the rise in the US dollar and gold investors taking profits after I...
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