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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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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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The Federal Reserve cautiously hinted that it will cut interest rates further th
On October 9, in early trading in Asia on Thursday, Beijing time, the U.S. dollar index was hovering around 98.79. On Wednesday, the U.S. dollar index rose for the third consecutive trading day, hitting the 99 mark in late trading, then retreating, and finally...
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A collection of good and bad news affecting the foreign exchange market
Good news: Federal Reserve meeting minutes show officials’ willingness to cut interest rates: In the early morning of October 9, the Federal Reserve’s September meeting minutes released showed that Federal Reserve officials showed their willingness to further ...
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Spot gold approaches the 4060 mark, the U.S. Senate rejects the proposal to end
Basic news: On Thursday (October 9, Beijing time), spot gold was trading around US$4,020 per ounce. The spot gold weekly umbrella exceeded the US$4,000 per ounce mark for the first time, continuing its record-breaking rise to US$4,059.07 per ounce. Increasing ...
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