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Foreign exchange market downturn, focus on EU inflation data
Although global bond markets stabilized after Monday‘s sell-off driven by Bank of Japan Governor Kazuo Ueda, Europe remained cautious early on. In a speech on Monday, Ueda laid the groundwork for a rate hike in December, with global yields surging and Japanese...
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The U.S. stagflation signal resonates with the Bank of Japan’s expectation of im
Asian Market Trends On Monday, the U.S. ISM manufacturing PMI in November fell short of expectations, and the U.S. dollar index remained weak. It was close to the 99 mark during the session. As of now, the U.S. dollar is quoted at 99.41. Overview of fundamenta...
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The Bank of Japan's signal to raise interest rates shocked the world, and the U.
On December 2, in early trading in Asia, spot gold was trading around US$4,220/oz. Gold prices rose on Monday, reaching the highest level in six weeks at US$4,264.43/oz. Expectations for further interest rate cuts by the Federal Reserve were the core factor su...
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alarm! The Fed's interest rate cut frenzy is coming, the dollar index is weak, p
In Asian trading on Tuesday, the U.S. dollar index fluctuated, and market expectations that the Federal Reserve will cut interest rates in December continued to increase, further putting downward pressure on the U.S. dollar. According to the CME Group‘s FedWat...
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The U.S. dollar index remains weak as the U.S. and Britain reach an agreement in
On December 2, in early Asian trading on Tuesday, Beijing time, the U.S. dollar index hovered around 99.45. On Monday, the U.S. ISM manufacturing PMI in November fell short of expectations, and the U.S. dollar index remained weak. It was close to the 99 mark d...
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A collection of good and bad news affecting the foreign exchange market
The foreign exchange market faced multiple variables at the start of December, with swings in Fed policy expectations, divergent global economic data and rising geopolitical tensions all stirring up market sentiment. The following are the core positive and neg...
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The risk of a correction cannot be ruled out
XM Foreign Exchange APP News - During the European trading session on Monday (December 1), the intraday time-sharing chart of the Australian dollar/US dollar showed that it fluctuated in the range of 0.6543-0.6556, with the current price of 0.6553 approaching ...
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The Fed releases easing signals and a number of data will be released, putting t
XM Foreign Exchange APP News - During the European trading session on Monday (December 1), the U.S. dollar fell slightly to near a two-week low as the market increased bets on the Federal Reserve cutting interest rates again this month. Although the U.S. econo...
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