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Pound gains support as inflation overheated, pay attention to Fed meeting minute
The pound has stood firm after two consecutive days of declines, and the market is evaluating the UK‘s July inflation data. Later in the U.S. session, the Federal Reserve will release minutes of its policy meeting from July 29 to 30. Several Fed policymakers p...
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The dollar rebound is 'dead cat jump'?
On Tuesday, the US dollar index fluctuated back and forth around the 98 mark during the day. As of now, the US dollar price is 98.34. Overview of the fundamentals of foreign exchange markets US Treasury Secretary Besent: Meeting with 11 Fed Chair candidates wi...
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Trump's tariffs suddenly became a big deal! Waiting for Powell Jackson Hall to s
On August 20, spot gold was trading around $3,315 per ounce, and the market was cautiously optimistic about the Russian-Ukrainian conflict, investors held their breath and waited for Fed Chairman Powell‘s speech at Jackson Hall later this week; U.S. crude oil ...
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The dollar hovers around 98, and the interview for next Fed chairman will kick o
On August 20, in the early trading of Asia on Wednesday, Beijing time, the US dollar index hovered around 98.29. On Tuesday, the US dollar index fluctuated back and forth around the 98 mark during the day, and finally closed up 0.12% to 98.24; the benchmark 10...
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Jackson Hall meeting focuses on Fed policy, US dollar index trends rise and fall
During the Asian session on Wednesday, the US dollar index remained volatile, the US dollar rose and fell on Tuesday, and there were almost no important economic data to drive the market direction this week. Traders focused on Fed Chairman Powell’s speech on F...
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A collection of positive and negative news that affects the foreign exchange mar
1. Good news. US inflation data was lower than expected, and expectations of interest rate cuts heated up. US CPI rose 3.2% year-on-year in July, 3.5% lower than market expectations, hitting a new low since December 2024. The year-on-year increase in core infl...
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The United States releases tariff list for steel and aluminum derivatives, waiti
Basic news on Wednesday (August 20 Beijing time), spot gold trading around $3,315 per ounce, the market is cautiously optimistic about the Russian-Ukrainian conflict, and investors hold their breath to wait for Fed Chairman Powell‘s speech at Jackson Hall late...
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Japanese bond yields approached a new high, analysis of short-term trends of spo
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 0.05%, S&P 500 futures fell 0.07%, and Nasdaq futures fell 0.14%. The German DAX index rose 0.25%, the UK FTSE 100 i...
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