On August 8, in the early trading of Asian market on Friday, Beijing time, the US dollar index hovered around 98.03. On Thursday, the U.S. dollar index plunged intraday and finally closed down 0.13% to 98.041 as Trump nominated for interim Fed directors. The 1...

In the Asian session on Friday, the US dollar index fluctuated near the 98 mark and the US dollar rose on Thursday after Bloomberg News reported that Fed governor Waller was becoming a popular candidate for the Fed chairman of the Trump presidential team. Wall...

Markets were cautious on Thursday as they assessed the latest news about the U.S. trade regime, while awaiting the Bank of England’s (BoE) monetary policy announcement. Later that day, the U.S. Economic Calendar will release weekly initial jobless claims figur...

The Asian market trend was dragged down by the expectation of interest rate cuts boosted by Fed officials‘ speeches, and the US dollar index fell. As of now, the US dollar is priced at 98.11. Summary of fundamentals of the foreign exchange market 1. Tariffs ① ...

On August 7, spot gold trading was around $3,370 per ounce, gold prices fell on Wednesday, investors took profit after hitting their highest in nearly two weeks on the previous trading day. At the same time, the market focus turned to the upcoming nomination o...

In the environment where the global economic and political pattern continues to evolve, the foreign exchange market is always impacted and affected by various news. For foreign exchange investors, accurately grasping market trends and interpreting key news is ...

On August 6, during the trading session in Asia on Wednesday, spot gold trading was around $3,380.80 per ounce, and gold prices climbed to a nearly two-week high on Tuesday, supported by rising expectations of a U.S. interest rate cut, while investors were wai...

On August 6, in the early trading of Asia on Wednesday, Beijing time, the US dollar index hovered around 98.73. On Tuesday, the US dollar index maintained range fluctuations, falling shortly after the release of the US service industry PMI data, erasing most o...