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The dollar is hovering below 98, waiting for Powell to speak the next day
Financial markets remained relatively calm earlier on Wednesday after volatility on Tuesday. In the second half of the day, new home sales data for May will appear in the US economic calendar. In addition, Fed Chairman Jerome Powell will speak before the Senat...
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The dollar is out of favor vs. the euro rises, the Fed has to wait for interest
Asian market review Tuesday, as Trump announced a ceasefire in Iraq hit safe-haven buying, the US dollar index continued to fall nearly 0.50% in the Asian and European sessions, losing to the 98 mark. As of now, the US dollar price is 97.93. A review of the fu...
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EU plans to take more tariff countermeasures against the United States
On June 25, during the trading session of the Asian market on Wednesday, spot gold trading was around $3,323/ounce. Gold prices fell on Tuesday, hitting the lowest level in more than two weeks, after Iran and Israel announced a ceasefire, weakening the demand ...
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Powell said it would take more time before the rate cut, and gold fell below the
On June 25, in the early trading of Asia on Wednesday, Beijing time, the US dollar index hovered around 97.94. On Tuesday, the US dollar index continued to fall nearly 0.50% in the Asian and European sessions, falling below the 98 mark, and then rebounded slig...
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US dollar index declines, focusing on testimony of Powell's semi-annual policy r
In Asian session on Wednesday, the dollar index hovered below $98, falling on Tuesday after Iran and Israel announced a ceasefire and the euro rose to its highest level since October 2021, although Fed Chairman Powell reiterated that he expects inflation to st...
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A collection of positive and negative news that affects the foreign exchange mar
1. Factors of geopolitical and risk sentiment: The situation in the Middle East eased after Trump announced a ceasefire, and Iran‘s retaliation against US military bases did not cause substantial casualties, and the Strait of Hormuz was not blocked, and the ma...
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Focus on Powell's testimony in Senate semi-annual policy report, safe-haven dema
Basic news on Wednesday (June 25, Beijing time), spot gold trading was around $3,323/ounce, and gold prices fell on Tuesday, hitting the lowest level in more than two weeks, after Iran and Israel announced a ceasefire, weakening the demand for safe-haven gold....
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Germany's business confidence rose beyond expectations in June, analysis of shor
Global Market Review 1. European and American market trends. The three major U.S. stock index futures rose, Dow futures rose 0.63%, S&P 500 futures rose 0.81%, and Nasdaq futures rose 1.05%. The German DAX index rose 1.83%, the UK FTSE 100 index rose 0.33%, th...
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