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Dollar slips on U.S.-China tensions, gold tops $4,200
Gold extended its impressive rally to a new all-time high above $4,200 on Wednesday, October 15, as the market assessed the latest headlines surrounding U.S.-China relations. The U.S. economic calendar will release weekly mortgage applications and the New York...
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Powell's dovish stance may end the dollar's rebound, and the October interest ra
In the Asian market on Tuesday, the U.S. dollar index stayed just above the 99 mark and finally closed down 0.21% at 99.056. U.S. bond yields have generally fallen, with the benchmark 10-year U.S. bond yield hitting 4% for the first time since September 17. As...
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Failing to pass the eighth round of voting, Powell emphasized downside risks to
On October 15, spot gold was trading around US$4,173 per ounce. Gold prices once again hit a record high of US$4,179.47 per ounce on Tuesday, as market expectations that the Federal Reserve will cut interest rates this month and intensifying trade tensions ign...
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The U.S. dollar index weakens across the board, and political turmoil in France
In Asian trading on Wednesday, the U.S. dollar index hovered around 99. On Tuesday, the U.S. dollar index weakened across the board. The reason is self-evident: Sino-U.S. trade tensions have heated up again, undermining the short-term optimism over the weekend...
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The U.S. dollar index is barely holding on to the 99 mark, is an interest rate c
On October 15, in early trading in Asia on Wednesday, Beijing time, the U.S. dollar index hovered around 99.01. On Tuesday, the U.S. dollar index stayed just above the 99 mark and finally closed down 0.21% at 99.056. U.S. bond yields generally fell, with the b...
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A collection of good and bad news affecting the foreign exchange market
Good news: US Treasury Secretary‘s remarks: US Treasury Secretary Bessent said that after the government reopens, official Treasury Department data will be released, which may increase the market‘s transparency and confidence in the US fiscal situation and hav...
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Gold price is expected to hit 4200, the eighth round of voting failed, and the r
Basic news: On Wednesday (October 15, Beijing time), spot gold was trading around US$4,163 per ounce. On Tuesday, the price of gold hit a new all-time high of US$4,179.47 per ounce, as the market expected the Federal Reserve to cut interest rates this month, a...
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Japan's ruling coalition is crumbling, and the opposition parties are in a polit
XM Foreign Exchange APP News - The Japanese political arena is entangled in multiple contradictions and has fallen into a rare political deadlock: the 26-year-old ruling alliance between the Liberal Democratic Party and the Komeito Party suddenly disintegrated...
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