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The euro passed the 1.1600 life and death barrier! The double bottom signal flas
XM Foreign Exchange APP News - During the Asia-Europe session on Wednesday, the exchange rate of the euro against the US dollar held the 1.1600 mark and made a breakthrough upward. The exchange rate is currently stepping back to the breakthrough level. During ...
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Is the United States sounding the stagflation alarm? Powell's speech sends dolla
XM Foreign Exchange APP News - Deloitte survey data shows that 57% of Deloitte‘s annual survey released on Wednesday showed that as the holiday shopping season approaches, the majority of American consumers are pessimistic about the current economic situation....
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Bank of America’s quarterly results are impressive, analysis of short-term trend
Global Market Overview 1. European and American market conditions. The three major futures indexes all rose. The Dow futures rose 0.30%, the S&P 500 futures rose 0.46%, and the Nasdaq futures rose 0.65%. Germany‘s DAX index rose 0.02%, Britain‘s FTSE 100 index...
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Dollar slips on U.S.-China tensions, gold tops $4,200
Gold extended its impressive rally to a new all-time high above $4,200 on Wednesday, October 15, as the market assessed the latest headlines surrounding U.S.-China relations. The U.S. economic calendar will release weekly mortgage applications and the New York...
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The U.S. dollar index weakens across the board, and political turmoil in France
In Asian trading on Wednesday, the U.S. dollar index hovered around 99. On Tuesday, the U.S. dollar index weakened across the board. The reason is self-evident: Sino-U.S. trade tensions have heated up again, undermining the short-term optimism over the weekend...
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A collection of good and bad news affecting the foreign exchange market
Good news: US Treasury Secretary‘s remarks: US Treasury Secretary Bessent said that after the government reopens, official Treasury Department data will be released, which may increase the market‘s transparency and confidence in the US fiscal situation and hav...
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Gold price is expected to hit 4200, the eighth round of voting failed, and the r
Basic news: On Wednesday (October 15, Beijing time), spot gold was trading around US$4,163 per ounce. On Tuesday, the price of gold hit a new all-time high of US$4,179.47 per ounce, as the market expected the Federal Reserve to cut interest rates this month, a...
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Japan's ruling coalition is crumbling, and the opposition parties are in a polit
XM Foreign Exchange APP News - The Japanese political arena is entangled in multiple contradictions and has fallen into a rare political deadlock: the 26-year-old ruling alliance between the Liberal Democratic Party and the Komeito Party suddenly disintegrated...
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