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Before the release of key CPI data, the bearish momentum of the US dollar index
XM Forex APP News - On Monday (September 8), the US dollar index (DXY) fell slightly by 0.12% intraday to close at 97.6, continuing the sharp sell-off caused by weak employment data last Friday. The dollar was under pressure after the dollar index closed below...
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The US dollar index continues to decline, and spot gold rose by more than $1,000
On September 9, in the early trading of Asian market on Tuesday, Beijing time, the US dollar index hovered around 97.37. The dollar index continued its decline on Monday, ending down 0.28% to 97.47 after last week‘s weak U.S. jobs report was released. The benc...
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Before the release of key CPI data, the bearish momentum of the US dollar index
On Tuesday, the US dollar index weakened, the dollar continued to decline on Monday, and last Friday‘s U.S. employment report was weak, almost certain that the Fed would cut interest rates in September. The yen fell after Japanese Prime Minister Shigeru Ishiba...
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Trump announces the final candidates for Fed Chairman, OPEC+ decides to further
On September 8, during the Asian market on Monday, spot gold was trading around $3,588/ounce. The upset non-agricultural data strengthened the Fed‘s expectation of a rate cut. The probability of the Fed‘s interest rate cut in September was 100%, of which the p...
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The U.S. non-farm data is far lower than expected! Spot gold hits another high
On September 8, in the early trading of Asian market on Monday, Beijing time, the US dollar index hovered around 97.90. Last Friday, the non-farm data was in a big upset, and the US dollar index fell sharply in the short term and was close to erasing all the g...
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The bearish trend of the US dollar has further intensified, and the market is wa
The dollar index fluctuated on Monday, and the dollar fell sharply against major currencies last Friday as important monthly employment data showed fewer than expected workers employed by U.S. employers confirmed weaker labor market conditions and could guaran...
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A collection of positive and negative news that affects the foreign exchange mar
Good news China‘s foreign exchange reserve scale has increased: On September 7, the State Administration of Foreign Exchange released data showing that as of the end of August 2025, China‘s foreign exchange reserve scale was US$332.2 billion, up US$29.9 billio...
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The non-agricultural outcry is no longer a problem! The golden bull market craze
Although the market has been anxiously awaiting non-farm employment reports to decide on the next move. However, even after the report is released, uncertainty remains. Financial markets are changing this week, and the Fed‘s expectation of a rate cut has heate...
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