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The dollar stands at the 99 mark, and the Fed’s “third leaders” support further
On October 10, in early trading in Asia on Friday, Beijing time, the U.S. dollar index was hovering around 98.38. On Thursday, the U.S. dollar index rose for the fourth consecutive trading day, standing above the 99 mark, and finally closed up 0.56% at 99.39, ...
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The U.S. dollar index fluctuated above the 99 mark, and the Federal Reserve rele
In Asian trading on Friday, the U.S. dollar index hovered above the 99 mark. The yen fell to its lowest level against the U.S. dollar since mid-February on Thursday. Sanae Takaichi, the newly elected chairman of Japan‘s ruling party, failed to give the market ...
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The Federal Reserve cautiously hinted that it will cut interest rates further th
On October 9, in early trading in Asia on Thursday, Beijing time, the U.S. dollar index was hovering around 98.79. On Wednesday, the U.S. dollar index rose for the third consecutive trading day, hitting the 99 mark in late trading, then retreating, and finally...
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A collection of good and bad news affecting the foreign exchange market
Good news: Federal Reserve meeting minutes show officials’ willingness to cut interest rates: In the early morning of October 9, the Federal Reserve’s September meeting minutes released showed that Federal Reserve officials showed their willingness to further ...
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Spot gold approaches the 4060 mark, the U.S. Senate rejects the proposal to end
Basic news: On Thursday (October 9, Beijing time), spot gold was trading around US$4,020 per ounce. The spot gold weekly umbrella exceeded the US$4,000 per ounce mark for the first time, continuing its record-breaking rise to US$4,059.07 per ounce. Increasing ...
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Senior Federal Reserve officials sound the stagflation alarm, and EU officials a
Global markets at a glance On Tuesday, the U.S. dollar index strengthened, rising to a high of more than a week, and finally closed up 0.49% to 98.59. After the U.S. three-year Treasury auction attracted strong demand, U.S. Treasury yields generally fell, with...
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A collection of positive and negative news that affects the foreign exchange mar
1. US dollar: The two-way pull of interest rate cut expectations and safe-haven demand. Policies disagreements curb radical easing expectations: Although the probability of market pricing 25BP rate cut in October is still 90%, some internal differences within ...
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Gold prices break the 4,000 mark, and Fed reserves continue to decline, U.S. gov
Basic news on Wednesday (October 8, Beijing time), spot gold traded around $3,990/ounce, spot gold hit a historical high of $3,990.90/ounce on Wednesday. US gold futures for December delivery once rose to $4,014.6/ounce, helped by the Fed‘s expectation of a ra...
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