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Trump's tariff threat impacts market confidence, dollar index falls
XM Foreign Exchange APP News - U.S. Treasury yields fell sharply on Friday (October 10) after U.S. President Trump’s remarks on tariffs. The move injects new geopolitical risks into already nervous markets. The U.S. dollar weakened in tandem with yields, with ...
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Markets may be wary of U.S. government shutdown and lack of U.S. data
Political risk in the spotlight Political risk has been monopolizing market attention following a period dominated by the Federal Reserve. The U.S. government shutdown and developments in France and Japan have been fueling an atypical risk-off reaction, with t...
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Weaker yen, euro push up U.S. dollar index, Fed signals support gains
XM Foreign Exchange APP News - During the U.S. trading session on Thursday (October 9), the U.S. dollar index rose 0.54% to 99.377, hitting the highest level since August 1. The U.S. dollar strengthened across the board. USD/JPY daily trend The yen continued t...
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A collection of good and bad news affecting the foreign exchange market
Good news: Federal Reserve officials released a signal to cut interest rates: New York Fed President Williams supports further lowering interest rates during the year to deal with the risk of a sharp slowdown in the labor market. This statement strengthened ma...
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Gold prices fell nearly 2% from historical highs as Hamas signed a Gaza ceasefir
Basic news: On Friday (October 10, Beijing time), spot gold was trading around US$3,984.70 per ounce. The price of gold fell back from a record high of US$4,059.07 per ounce on Thursday due to the rise in the US dollar and gold investors taking profits after I...
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The European Central Bank is stuck in a wait-and-see situation. Analysis of the
Global Market Overview 1. European and American market conditions The three major U.S. stock index futures rose or fell, with the Dow futures rising 0.13%, the S&P 500 futures rising 0.04%, and the Nasdaq futures falling 0.04%. Germany‘s DAX index rose 0.35%, ...
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The U.S. government continues to shut down, and Powell’s speech is coming tonigh
In the European market on Thursday, October 9, as the release of key U.S. data is postponed due to the government shutdown, market participants will pay attention to the comments of central bank officials such as Federal Reserve (Fed) Chairman Jerome Powell. T...
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The minutes of the Federal Reserve's September meeting cautiously hinted at furt
On October 9, spot gold was trading around US$4,020 per ounce. The spot gold weekly umbrella broke through the US$4,000 per ounce mark for the first time, continuing its record-breaking rise to US$4,059.07 per ounce. Increasing geopolitical and economic uncert...
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