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Disagreements within the Fed and weak ADP data put pressure on the dollar, while
XM Foreign Exchange APP News - The euro against the US dollar continued its downward trend, falling below Monday‘s low of 1.1585 after encountering resistance at the 1.1600 mark. As of press time, it rebounded to 1.1596, approaching the weekly low. Although th...
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Amid the deadlock in medical subsidy negotiations, the U.S. government is at ris
XM Foreign Exchange APP News - Obamacare subsidies are about to expire, and there is only a window of a few weeks left. By then, insured persons will face the pressure of a sharp surge in premiums. The progress of negotiations on this core policy issue is dire...
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After the Japanese yen’s GDP fell in the third quarter, the USD/JPY exchange rat
XM Foreign Exchange APP News - During the European trading session on Tuesday (November 18), affected by Japan‘s GDP contraction in the third quarter, the USD/JPY exchange rate continued to rise and stood above the 155 mark. Fundamental Analysis On the eve of ...
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USD awaits September non-farm payrolls data
XM Foreign Exchange APP News - During the European session on Tuesday (November 18), the U.S. dollar index rebounded to around 99.55 after falling slightly. Market trading was relatively light as traders awaited Thursday‘s September non-farm payrolls report, a...
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Cracks appear in Trump’s political foundation. Analysis of short-term trend of s
Global Market Overview 1. European and American market conditions The three major U.S. stock index futures all fell, with the Dow futures falling 0.68%, the S&P 500 futures falling 0.57%, and the Nasdaq futures falling 0.72%. Germany‘s DAX index fell by 1.40%,...
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Market sentiment worsens as investors reassess Fed's interest rate outlook
Safe-haven flows dominated financial markets as investors took a cautious approach amid uncertainty over a U.S. data backlog and reduced bets on a rate cut by the Federal Reserve in December. The economic calendar will feature weekly ADP employment change data...
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Expectations for a rate cut by the Federal Reserve in December cool, and gold fa
On November 18, in early trading in the Asian market, spot gold was trading around US$4,030 per ounce. Gold prices were under pressure to fall on Monday, mainly affected by the strength of the US dollar and the cooling of market expectations for an interest ra...
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Gold is under pressure as the Federal Reserve cautiously cuts interest rates, an
On November 18, in early Asian trading on Tuesday, Beijing time, the U.S. dollar index hovered around 99.57. On Monday, thanks to the reduction in expectations for a rate cut by the Federal Reserve in December, the U.S. dollar index continued to rebound, event...
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