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A collection of good and bad news affecting the foreign exchange market
On November 28, the foreign exchange market ushered in a period of intensive interweaving of long and short news. The divergence of Fed policy expectations, contrasting economic data in Europe and the United States, and geopolitical risk disturbances formed th...
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Increases may be limited after budget
XM Foreign Exchange APP News - On Thursday (November 27), GBP/USD first fluctuated upward during the day, reaching an intraday high of about 1.3267, and then fell back quickly. In the short term, the GBP/USD exchange rate will still be dominated by the respons...
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Markets calm over Thanksgiving holiday amid Fed rate cut bets
On November 27, trading trends in financial markets calmed down on Thursday, with trading volumes falling during the U.S. Thanksgiving holiday. The European economic calendar will release business and consumer confidence data, and the European Central Bank (EC...
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The British budget makes an epic mistake, and the £22 billion buffer is leaked i
In the Asian market on Wednesday, the U.S. dollar index showed an inverted V trend. It once approached the 100 mark during the session, but then took a sharp turn. As of now, the U.S. dollar is quoted at 99.45. Overview of foreign exchange market fundamentals:...
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Weak jobs data drags DXY below 200-day moving average
XM Foreign Exchange APP News - During the U.S. trading session on Tuesday (November 25), the U.S. dollar exchange rate continued to weaken, falling below the 200-day moving average key technical level of 99.816 in one fell swoop. Sellers firmly controlled the ...
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Russia has received the latest version of its peace plan, boosted by expectation
On November 27, in early trading in Asia, spot gold was trading around $4,150.57 per ounce. Gold prices continued their gains on Wednesday, climbing to a more than one-week high, boosted by market expectations that the Federal Reserve would cut interest rates ...
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The U.S. dollar index shows an inverted V trend, and the British fiscal buffer s
On November 27, in early trading in Asia on Thursday, Beijing time, the U.S. dollar index was hovering around 99.50. On Wednesday, the U.S. dollar index showed an inverted V trend, once approaching the 100 mark during the session, but then turned sharply downw...
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The U.S. dollar index is under short-term pressure and has been boosted by expec
In Asian trading on Thursday, the U.S. dollar index fluctuated around 99.50. Global currency markets showed divergent trends on Wednesday. The Japanese yen fell back after experiencing a brief boost from expectations of a rate hike by the Bank of Japan, while ...
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