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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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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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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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Divergence of global government bond yields, analysis of short-term trends of sp
Global Market Overview 1. European and American market conditions The three major U.S. stock index futures all fell, with the Dow futures falling 0.54%, the S&P 500 futures falling 0.85%, and the Nasdaq futures falling 1.11%. Germany‘s DAX index fell by 1.07%,...
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The U.S. government prioritizes allocating funds to ensure military personnel’s
On October 14, spot gold was trading around US$4,114.42 per ounce. Gold prices once again hit a new all-time high of US$4,116.87 per ounce on Monday, affected by renewed tensions in trade relations and expectations of a U.S. interest rate cut. U.S. crude oil w...
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The
On October 14, in early Asian trading on Tuesday, Beijing time, the U.S. dollar index hovered around 99.31. On Monday, the U.S. dollar index rose back above the 99 mark and finally closed up 0.43% at 99.261. U.S. bond yields fluctuated sideways, with the bench...
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