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As the focus turns to the central bank, beware of the Fed's ruthless
During the European session on Tuesday, May 6, major currency pairs fluctuated in familiar ranges early on Tuesday as investors avoided holding large positions ahead of key central bank meetings this week. The European Statistics Office will release producer p...
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US index rebounds to around $100, US refuses to exempt 10% of its reciprocal tar
On May 6, in the early trading of Asian market on Tuesday, Beijing time, the US dollar index hovered around 100. On Monday, the US dollar index fluctuated and fell in the Asian and European sessions. Later, the US dollar index rebounded below $100 due to the u...
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The dollar index is expected to test the 100 mark, and the market turns to focus
In Asian session Tuesday, the U.S. dollar index is expected to test the 100 mark, as traders await comments by Fed Chairman Powell on Wednesday to get clues about the interest rate path. The Federal Reserve has maintained its policy interest rate in the range ...
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The Australian dollar is in a range fluctuation, is the next upward breakthrough
XM Foreign Exchange APP News - During the European session on Friday (May 2), the Australian dollar price against the US dollar showed a volatile upward trend, the mid-to-high points of price fluctuations continued to rise, and the bulls were gradually accumul...
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Five major events to happen in the global market this week
Another strong non-farm employment report (NFP) in April, but trade doubts remain widespread. Now, the focus is temporarily shifting to the Federal Reserve, but the trade deal may be the focus. 1. Trade negotiations and agreements are under the radar "They rea...
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A collection of positive and negative news that affects the foreign exchange mar
The following is a collection of some positive and negative news that affects the foreign exchange market on May 5, 2025: The positive news related to the US dollar: There is no obvious major positive news. However, there is certain uncertainty in the market‘s...
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A collection of positive and negative news that affects the foreign exchange mar
The following is a highlight of the positive and negative news that affected the foreign exchange market on May 2, 2025: negative factors in the US dollar: US GDP shrank by 0.3% month-on-month in the first quarter, and the manufacturing PMI fell to 48.7. The e...
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Focusing on non-farm data, gold prices fall to two-week lows, U.S. sanctions on
Basic news on Friday (May 2 Beijing time), spot gold trading was around $3,237.56 per ounce, and gold prices fell more than 1.5% on Thursday, falling to a two-week low, touching the middle track of the Bollinger Band. Affected by signals of easing trade tensio...
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