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A collection of good and bad news affecting the foreign exchange market
Good news: Federal Reserve officials released a signal to cut interest rates: New York Fed President Williams supports further lowering interest rates during the year to deal with the risk of a sharp slowdown in the labor market. This statement strengthened ma...
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Gold prices fell nearly 2% from historical highs as Hamas signed a Gaza ceasefir
Basic news: On Friday (October 10, Beijing time), spot gold was trading around US$3,984.70 per ounce. The price of gold fell back from a record high of US$4,059.07 per ounce on Thursday due to the rise in the US dollar and gold investors taking profits after I...
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The European Central Bank is stuck in a wait-and-see situation. Analysis of the
Global Market Overview 1. European and American market conditions The three major U.S. stock index futures rose or fell, with the Dow futures rising 0.13%, the S&P 500 futures rising 0.04%, and the Nasdaq futures falling 0.04%. Germany‘s DAX index rose 0.35%, ...
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The U.S. government continues to shut down, and Powell’s speech is coming tonigh
In the European market on Thursday, October 9, as the release of key U.S. data is postponed due to the government shutdown, market participants will pay attention to the comments of central bank officials such as Federal Reserve (Fed) Chairman Jerome Powell. T...
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The minutes of the Federal Reserve's September meeting cautiously hinted at furt
On October 9, spot gold was trading around US$4,020 per ounce. The spot gold weekly umbrella broke through the US$4,000 per ounce mark for the first time, continuing its record-breaking rise to US$4,059.07 per ounce. Increasing geopolitical and economic uncert...
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The Federal Reserve cautiously hinted that it will cut interest rates further th
On October 9, in early trading in Asia on Thursday, Beijing time, the U.S. dollar index was hovering around 98.79. On Wednesday, the U.S. dollar index rose for the third consecutive trading day, hitting the 99 mark in late trading, then retreating, and finally...
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Government shutdown cannot stop dollar's gains, wait for Fed officials to speak
In Asian trading on Thursday, the U.S. dollar index edged lower, with the yen falling to its lowest level against the U.S. dollar since mid-February, weighed down by fiscal spending concerns triggered by the election of new Japanese Prime Minister Sanae Takaic...
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A collection of good and bad news affecting the foreign exchange market
Good news: Federal Reserve meeting minutes show officials’ willingness to cut interest rates: In the early morning of October 9, the Federal Reserve’s September meeting minutes released showed that Federal Reserve officials showed their willingness to further ...
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