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Gold hit record highs, focus turns to US data
On September 2, gold continued its rally for the sixth consecutive trading day and hit an all-time high above $3,500. During the European period, preliminary data on the August Consumer Price Coordinated Index (HICP), the European Central Bank‘s preferred infl...
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The ECB rate cut is postponed until next year! Today's CPI is difficult to chang
Asian market market conditions on Monday, the US dollar index fell under pressure as the market‘s rising bet on the Fed‘s interest rate cut and the increasing concerns about its independence. As of now, the US dollar is priced at 97.84. Summary of fundamentals...
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French politics votes to determine life and death next week, euro bulls tremble
XM Forex APP News - Last week, despite the general optimism of global news, the European market was under pressure. The situation in France may lead to a political crisis in Europe, putting pressure on risk appetite. While the stock market is performing poorly...
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The darkest moment in the euro zone! Markets short the euro, betting on historic
XM Foreign Exchange APP News - France‘s political and economic crisis continues to escalate, not only reflecting the problem of domestic political fragmentation in France, but also likely to be due to the intensification of financial difficulties by the French...
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The market expects OPEC+ to press the
On Tuesday, September 2, spot gold trading around $3,480/oz, gold prices hit a four-month high of $3,489.78/oz on Monday, just $10 away from the April high. Boosted by the Federal Reserve‘s interest rate cut bets and the weakening of the dollar, silver prices ...
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The dollar continues to weaken, and the market focuses on key U.S. data
In the Asian session on Tuesday, the dollar index fluctuated slightly, the dollar hit a five-week low on Monday, and investors awaited a series of U.S. job market data for the week that could impact expectations of the Federal Reserve‘s monetary policy path. T...
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A collection of positive and negative news that affects the foreign exchange mar
1. Many countries around the world have reduced their dependence on the US dollar, and their status may be impacted (badly negative US dollar). Recently, many countries around the world have sent signals to reduce their dependence on US dollar assets. Swiss Na...
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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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