The moderate CPI and PPI inflation reports, along with a surge in initial jobless claims, paved the way for the Fed to cut at least 25 basis points in its September meeting. Concerns about the labor market and prices have led to a new low in the U.S. consumer ...

Asian market market on Thursday, U.S. inflation data in August was slightly hot, and initial unemployment claims data were weaker than expected, strengthening expectations for the Fed‘s interest rate cut. The US dollar index fell, and so far, the US dollar pri...

On Friday, September 12, spot gold trading around $3,634/ounce, gold prices narrowed their declines on Thursday, staying near historical highs. Investors still bet on the Fed to cut interest rates next week as weak U.S. employment data overwhelmed concerns abo...

In Asian session on Friday, the U.S. dollar index remained weak, and the U.S. dollar weakened against major currencies such as the euro and the Japanese yen on Thursday. U.S. inflation data for August was slightly hot, and initial unemployment claims data were...

In the foreign exchange market, various news is like the guidance of a weather vane, which profoundly affects the trend of currency exchange rates. For investors, accurately grasping these positive and negative news is the key to making wise investment decisio...

XM Forex APP News - On Thursday (September 11), the pound/dollar exchange rate fluctuated in a narrow range around US$1.3521, and the trend was limited. The market is currently awaiting key U.S. inflation data, as well as a major policy meeting to be held by t...

On Wednesday, the US PPI in August cooled down sharply, and the US dollar index fell, but then recovered lost ground. As of now, the US dollar price is 97.85. Overview of the fundamentals of the foreign exchange market 1. The US PPI annual rate in August recor...

XM Forex APP News - On Wednesday (September 10), the U.S. producer price index fell unexpectedly in August, and the market became more convinced that the Federal Reserve would cut interest rates at the upcoming meeting. Affected by this, the US dollar exchange...