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Has the market underestimated the rebound potential of the yen?
XM Forex APP News - During the European session on Friday (May 23), the weak dollar tended to decline against the yen, and the price remained near the two-week low hit the previous day. Japan‘s higher-than-expected consumer inflation data reaffirmed the Bank o...
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The dollar index struggles around 99.949, rising yields and pressures for foreig
XM Forex APP News - During the US session on Thursday (May 22), the US dollar index slightly higher than the key short-term pivot point of 99.949, slightly rebounding from the two-week low of 99.333. Even though the price trend seems to stabilize, traders are ...
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Trump demands the EU to cut tariffs, analysis of short-term trends of spot gold,
Global Market Review 1. European and American market trends The three major U.S. stock index futures fell. Dow futures fell 0.23%, S&P 500 futures fell 0.23%, and Nasdaq futures fell 0.30%. The German DAX index fell 0.06%, the UK FTSE 100 index fell 0.04%, the...
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Gold prices approach two-week highs in U.S. fiscal concerns put pressure on the
On May 23, the US dollar (USD) struggled to hold its competitors‘ positions on Friday after a slight gain on Thursday. The European Central Bank (ECB) will release the first-quarter agreement wage rate data. Later that day, April new home sales data will be th...
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Is the US dollar 100 mark a
Asian market review Thursday, after closing down for three consecutive days, the US dollar index rebounded and once returned to above the 100 mark. As of now, the US dollar price is 99.66. Overview of the fundamentals of the foreign exchange market. Trump‘s ta...
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The number of initial requests from the United States unexpectedly dropped, and
The dollar index stopped its previous three-day decline on Thursday, with U.S. President Trump‘s huge tax cuts and spending bill passing the House of Representatives, and investors breathed a sigh of relief. Meanwhile, the euro weakened after the euro zone rel...
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The dollar index rebounded, gold fell behind the 3300 mark again
On May 23, in the early trading of Asian market on Friday, Beijing time, the US dollar index hovered around 99.80. On Thursday, after closing down for three consecutive days, the US dollar index rebounded and returned to above the 100 mark for a time, but fail...
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Dollar Index Struggles, Follow Fed Officials' Speech
On Friday, the US dollar index fluctuated downward. On Thursday, the US dollar index rebounded strongly by 0.3%, and once rebounded above the 100 mark, closing at around 99.94. The economic data on this trading day are relatively small. We will pay attention t...
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