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Dollar weakens as U.S.-China trade tensions recede
On October 20, major currency pairs remained relatively calm on Monday after experiencing volatility last week. The Economic Calendar does not publish any high-impact macroeconomic data. As a result, investors will continue to pay attention to headlines surrou...
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Five big things happening in global markets this week
Can the United States and China find a way to resolve their trade issues? Will the U.S. government reopen? These questions are weighing on investors‘ minds, but at least there will be some economic data released this week. 1. US-China trade tensions focus on r...
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De-dollarization is unstoppable! CPI may be unable to recover in September
Asian market trends Last Friday, Trump softened his previous tough stance on trade, and the U.S. dollar index was boosted. As of now, the U.S. dollar is quoted at 98.41. Overview of Foreign Exchange Market Fundamentals Trump signed an executive order imposing ...
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A large number of Democratic Party projects will be frozen, trade tensions ease,
In terms of basic news, on Monday (October 20, Beijing time), spot gold was trading around US$4,250 per ounce. The price of gold fell by nearly 2% last Friday after hitting a record high of US$4,379.38 per ounce. It was suppressed by the strength of the US dol...
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Powell releases pigeons? The balance sheet reduction is about to end, and the ma
With Trump‘s comments on Friday easing anxiety about trade tensions and a rebound in regional bank stocks, Wall Street finally saw a red finish to the stock market after a jittery week. Bonds, gold and silver fell in response. On Friday, the two-year U.S. Trea...
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The U.S. dollar continues to slide, and gold retreats from all-time highs
Gold‘s impressive rally remained uninterrupted on October 17, with the precious metal surging to an all-time high well above $4,300. Meanwhile, the U.S. dollar continues to weaken against other currencies amid uncertainty over U.S.-China relations and the ongo...
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Concerns about trade tensions and expectations of a rate cut by the Federal Rese
In Asian trading on Friday, the U.S. dollar index hovered around 98.22. The U.S. dollar fell on Thursday, falling against major currencies such as the euro, Japanese yen and Swiss franc for the third consecutive trading day, at a time when trade tensions were ...
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The U.S.-Russia phone call dragged down oil prices by more than 3%, and gold bul
Basic news: On Friday (October 17, Beijing time), spot gold was trading around US$4,361.62 per ounce. The price of gold continued to hit a new all-time high on Thursday, approaching US$4,380 per ounce. Due to the intensification of trade tensions and the shutd...
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