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A collection of positive and negative news that affects the foreign exchange mar
1. Macroeconomic data dynamics (I) The number of people who requested initial unemployment benefits in the US economic data rose: the number of people who requested initial unemployment benefits in the US unexpectedly increased to 247,000 in the week of May 31...
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The market is waiting for non-agricultural data, trade reports favorable prices
Basic news on Friday (June 6, Beijing time), spot gold traded around 3358. After positive news on trade, safe-haven gold reversed its decline on Thursday, while silver broke through the key level of $35, setting a 13-year high; U.S. data showed that the number...
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The dollar index fluctuates, market focus turns to US non-farm employment data
During the Asian session on Friday, the US dollar index fluctuated, and the market began to turn to the upcoming U.S. non-farm employment data and the Federal Reserve‘s policy trends. Major Currency Trend Analysis USD: As of press time, the U.S. dollar index h...
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Weak employment and services data hits Fed outlook, U.S. dollar index falls
XM Forex APP News - The US dollar index (DXY) fell during the U.S. session on Wednesday (June 4). Although the index is still within Tuesday‘s range, the technical outlook has become fragile and has a clear bearish bias. ADP data is lower than expected, trigge...
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ECB cut interest rates by 25 basis points, analysis of short-term trends of spot
Global Market Review 1. European and American market trends. The three major U.S. stock index futures rose and fell in unison. Dow futures rose 0.03%, S&P 500 futures rose slightly, and Nasdaq futures fell 0.02%. The German DAX index rose 0.29%, the UK FTSE 10...
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ECB interest rate decisions and U.S. data intensify volatility
Earlier on Thursday, major currency pairs fluctuated in their weekly range. The European Central Bank (ECB) will announce monetary policy decisions, and the U.S. economic calendar will provide data on challenger layoffs in May, the number of first-time unemplo...
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US index is under pressure from weak data and foreign capital outflows, Europe a
Asian market review Wednesday, the dollar index fell below the 99 mark and returned to a six-week low, with weak U.S. economic data pushing up expectations of interest rate cuts, and so far, the dollar is quoted at 98.88. Overview of the fundamentals of the fo...
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On June 5, in the early trading of Asian market on Thursday, Beijing time, the US dollar index hovered around 98.75. On Wednesday, the dollar index fell below the 99 mark and returned to a six-week low, eventually closing down 0.42% at 98.813 as weak U.S. econ...
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