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Dollar weakens as U.S.-China trade tensions recede
On October 20, major currency pairs remained relatively calm on Monday after experiencing volatility last week. The Economic Calendar does not publish any high-impact macroeconomic data. As a result, investors will continue to pay attention to headlines surrou...
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Five big things happening in global markets this week
Can the United States and China find a way to resolve their trade issues? Will the U.S. government reopen? These questions are weighing on investors‘ minds, but at least there will be some economic data released this week. 1. US-China trade tensions focus on r...
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De-dollarization is unstoppable! CPI may be unable to recover in September
Asian market trends Last Friday, Trump softened his previous tough stance on trade, and the U.S. dollar index was boosted. As of now, the U.S. dollar is quoted at 98.41. Overview of Foreign Exchange Market Fundamentals Trump signed an executive order imposing ...
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As the U.S. government continues to shut down, a large number of Democratic Part
On October 20, spot gold was trading around US$4,268 per ounce in the Asian market on Monday. The price of gold dropped by nearly 2% last Friday after hitting a record high of US$4,379.38 per ounce. Suppressed by the strength of the US dollar and US President ...
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Trump imposes 25% tariff on imported medium and heavy trucks, dollar below 900 m
On October 20, in early trading in Asia on Friday, Beijing time, the U.S. dollar index was hovering around 98.49. Last Friday, Trump softened his previous tough stance on trade, and the U.S. dollar index was boosted. It finally closed up 0.2% at 98.54, ending ...
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Trade tensions ease, dollar index fluctuates
The U.S. dollar index fluctuated in Asian trading on Monday, after rising on Friday but recording weekly losses against the Swiss franc and Japanese yen last week amid worries about trade tensions and jitters among some regional U.S. banks. The U.S. federal go...
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A collection of good and bad news affecting the foreign exchange market
Good news: The probability of the Federal Reserve cutting interest rates has soared: On October 20, the Financial Associated Press cited CME‘s "Fed Watch" data to show that the probability of the Federal Reserve cutting interest rates by 25 basis points in Oct...
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A large number of Democratic Party projects will be frozen, trade tensions ease,
In terms of basic news, on Monday (October 20, Beijing time), spot gold was trading around US$4,250 per ounce. The price of gold fell by nearly 2% last Friday after hitting a record high of US$4,379.38 per ounce. It was suppressed by the strength of the US dol...
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