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The geopolitical premium of crude oil heats up, and the market focuses on the re
Basic news: On Wednesday (November 12, Beijing time), spot gold was trading around $4,134.50 per ounce. Gold prices continued their gains on Tuesday, hitting their highest level in nearly three weeks. The market expects that the U.S. government shutdown is abo...
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Gold maintains three-week high as dollar gains offset bets on rate cut
The pound came under bearish pressure in early European trade on Tuesday as markets assessed UK labor market data. In the second half of the day, the U.S. economic calendar will release November NFIC business optimism index and weekly ADP employment change dat...
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The market is showing conflicting signals, with the premium on 3-year U.S. bonds
Asian market conditions on Monday were as signs that the U.S. government may resume operations boosted market risk sentiment. The U.S. dollar index fluctuated below the 100 mark. As of now, the U.S. dollar is quoted at 99.63. Overview of Foreign Exchange Marke...
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The U.S. government shutdown is turning around, but there are still
On November 11, in early Asian trading on Tuesday, Beijing time, the U.S. dollar index hovered around 99.64. On Monday, as signs that the U.S. government may resume operations boosted market risk sentiment, the U.S. dollar index fluctuated below the 100 mark a...
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Weak U.S. data exacerbates economic concerns, and the U.S. dollar index fluctuat
In Asian trading on Tuesday, the U.S. dollar index remained volatile. On Monday, the foreign exchange market showed a clear rebound in risk appetite. Risk-sensitive currencies such as the Australian dollar rose significantly, while safe-haven currencies such a...
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A collection of good and bad news affecting the foreign exchange market
1. Panorama of long and short news on core currency pairs. On November 11, the foreign exchange market was affected by multiple factors such as the divergence of global central bank policies, the collapse of crude oil prices, and the cooling of geopolitical ri...
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U.S. oil supply and demand game pattern at 60 mark, demand drives gold price to
Basic news: On Tuesday (November 11, Beijing time), spot gold was trading around US$4,120 per ounce. The price of gold climbed nearly 3% on Monday, hitting its highest closing level in more than two weeks. The market‘s rising expectations for an interest rate ...
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U.S. dollar index falls below 100 mark, safe-haven demand supports gold prices h
On November 10, in early trading in Asia, spot gold was trading around US$4,040 per ounce. The price of gold rose last Friday, mainly supported by the weakening of the US dollar and the hedging demand brought about by the uncertainty of the US government shutd...
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