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Who will occupy the commanding heights in the long and short battles of the US d
In the Asian session on Monday, the dollar index hovered below 97, and the dollar fell against other major currencies last Friday after a signature tax cut bill pushed by President Trump was finally passed and countries face pressure to reach a trade deal with...
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A collection of positive and negative news that affects the foreign exchange mar
1. Core economic data and policy dynamics. The US non-farm employment data exceeded expectations. 147,000 new non-farm employment in June, far exceeding the expected 106,000, and the unemployment rate dropped to 4.1%. Although hourly wage growth rate fell to 0...
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OPEC+ agrees to increase production beyond expectations, countries will receive
Basic news on Monday (July 7, Beijing time), spot gold was trading around $3,330 per ounce. US President Trump‘s tax cut bill cleared the last hurdle in Congress last Thursday. The United States began sending letters to countries last Friday, specifying the ta...
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The U.S. non-farm data in June is hidden crisis! , the US dollar index rebounded
The market remained relatively calm early on Friday, with the U.S. dollar (USD) index falling after two consecutive days of gains. The Eurozone May Producer Price Index (PPI) will be the only data in the European Economic Calendar. U.S. financial markets will ...
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Is non-farm in June just an
The Asian market market was on Thursday, as the market was worried that the conflict between Iran and Israel was escalating, and risk aversion was boosted. The US dollar index hit the 99 mark during the session. As of now, the US dollar price is 96.88. Summary...
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Non-farm market hikes, and the Fed's expectation of interest rate cuts has chang
On July 4, spot gold traded around $3,330 per ounce, and gold prices fell 1% on Thursday as stronger-than-expected U.S. jobs data consolidated expectations that the Fed would unlikely cut interest rates as previously expected, weakening the attractiveness of g...
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Non-farm farms were unexpectedly strong in June, and the probability of the Fede
On July 4, in the early trading of Asian market on Friday, Beijing time, the US dollar index hovered around 97.01. On Thursday, as strong U.S. employment data dispelled market expectations for the Fed‘s recent interest rate cut, the U.S. dollar index rose shar...
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Non-farm report extinguishes hopes of interest rate cuts in July, US bonds and U
The dollar index continued to fall in Asian session on Friday, with the dollar rising against major currencies such as the yen, the euro and the Swiss franc on Thursday after data showed that the U.S. economy created more jobs than expected, suggesting that th...
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