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Why did Powell suddenly let go as the US dollar index rebounded?
On August 26, in the early trading of Asian market on Tuesday, Beijing time, the US dollar index hovered around 98.13. On Monday, as market optimism about the prospect of interest rate cuts subsided, the US dollar index rebounded and returned to above the 98 m...
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The US dollar index stabilizes, the market is waiting for heavy US data
In the Asian session on Tuesday, the U.S. dollar index fluctuated, and the U.S. dollar index hit its biggest single-day percentage gain since July 30 on Monday. The euro fell 0.69% to $1.1634, hitting a four-week high of $1.174225 last Friday. Powell said last...
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A collection of positive and negative news that affects the foreign exchange mar
In the foreign exchange market, all kinds of news are like changing trends, always influencing the trend of currency. For investors, accurately grasping these news has become the key to playing in the market. The following is a summary of important positive an...
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Powell's remarks ignited the market, 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 0.18%, S&P 500 futures fell 0.22%, and Nasdaq futures fell 0.31%. The German DAX index fell 0.25%, the UK FTSE 100 index rose 0.13%, th...
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Jackson Hole Annual Meeting Releases Dove Signal, U.S. Treasury Yield Curve Is S
On August 25, the US dollar (USD) held its ground in early Monday, but it was difficult to gain momentum of recovery after a sharp sell-off in the US on Friday. Later in the day, the Chicago Fed National Event Index and July new home sales data will appear in ...
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Five major events to happen in the global market this week
U.S. interest rates are falling, but how fast? The last week of August kicks off after the big incident in Jackson Hall on Friday. Here is a preview of the big events of the week. 1. The impact of the Federal Reserve: Concerns about the economy, the independen...
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Powell's dovish hit the dollar! After falling to the lower track of convergence,
Asian market market trends The US dollar index plunged intraday as Powell‘s speech at the Jackson Hall meeting boosted market expectations for a rate cut in September, and the US dollar index has plunged in the session so far. Summary of the fundamentals of th...
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Trump threatens to fire Fed director Cook again, Russia-Ukraine peace agreement
On August 25, during the Asian session on Monday, spot gold was trading around $3,367 per ounce, and gold prices rebounded last Friday. Federal Reserve Chairman Powell‘s speech at the Jackson Hall central bank seminar strengthened the market‘s expectations for...
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