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Dollar struggles to find demand ahead of key data releases, Fed likely to cut in
The U.S. dollar (USD) continued to be on the back foot early Wednesday, after closing in negative territory on Monday and Tuesday. Later in the day, automated data processing of private sector employment data and the Institute for Supply Management‘s (ISM) Ser...
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The rate cut has reached 90%, and signs of stagflation are flashing. Will there
Asian market trends on Tuesday, Trump actively hinted that Hassett will be the next chairman of the Federal Reserve, and the U.S. dollar index came under pressure in late trading. As of now, the U.S. dollar is quoted at 99.18. Overview of foreign exchange mark...
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Investors take profits, focus remains on U.S. data
In early trading in Asia on December 3, spot gold was trading around US$4,215 per ounce. Gold prices fell from a six-week high on Tuesday as investors took profit-taking operations after recent strong gains. U.S. crude oil was trading around US$58.67 per barre...
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The U.S. dollar index is under pressure as Trump predicts the announcement of th
On December 3, in early trading in Asia on Wednesday, Beijing time, the U.S. dollar index hovered around 99.24. On Tuesday, Trump actively hinted that Hassett will be the next chairman of the Federal Reserve. The U.S. dollar index came under pressure in late t...
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The U.S. dollar index remains weak as the market awaits U.S. ADP employment data
In Asian trading on Wednesday, the U.S. dollar index remained weak. The U.S. dollar rebounded against the yen on Tuesday, recovering part of the previous day‘s losses; the euro remained stable after the release of euro zone inflation data. The U.S. dollar inde...
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A collection of good and bad news affecting the foreign exchange market
On December 3, the foreign exchange market focused on the divergence of global central bank policies and the game of economic data. The US dollar continued to be under pressure due to expectations of interest rate cuts, the euro was supported by the European C...
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Oil prices fell on hopes of peace between Russia and Ukraine, investors took pro
Basic news: On Wednesday (December 3, Beijing time), spot gold was trading around US$4,209 per ounce. Gold prices fell from a six-week high on Tuesday as investors took profits after recent strong gains. U.S. crude oil was trading around US$58.67 per barrel. O...
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Inflation data stirs the market, analysis of short-term trends of spot gold, sil
Global Market Overview 1. European and American market conditions The three major U.S. stock index futures all rose, with the Dow futures rising 0.10%, the S&P 500 futures rising 0.24%, and the Nasdaq futures rising 0.33%. Germany‘s DAX index rose 0.62%, Brita...
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