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News2025-10-16
Rising expectations of a Fed rate cut push GBP/USD to rebound to 1.3350, while w
In early Asian trading, GBP/USD continued its rebound and was trading near 1.3350. The main reason for the weakness of the US dollar is that expectations of a rate cut by the Federal Reserve have increased significantly. According to the CMEFedWatch tool, the ...
News2025-10-16
Expectations of a Fed rate cut and pressure from government shutdowns drag the U
The U.S. dollar index (DXY) continued to fall during the Asian session, extending the previous day‘s weak performance. The index has now fallen below the 99.00 mark, falling for the second consecutive day. The market generally believes that the Federal Reserve...
News2025-10-16
US data "black hole" triggers global crisis, shutdown farce subverts economic de
In today‘s highly interconnected global economic system, as the world‘s largest economy, the internal turmoil of the United States often affects countries around the world like dominoes. The recent shutdown of the U.S. government has disrupted the release of o...
News2025-10-16
Is the United States sounding the stagflation alarm? Powell's speech sends dolla
Deloitte survey data shows that 57% of U.S. consumers (i.e. the majority group) expect the economy to weaken in the next year. This is the most pessimistic expectation recorded by the consulting organization since it started tracking consumer sentiment in 1997...
News2025-10-16
Expectations of interest rate cuts coupled with improved risk sentiment put the
In Asian trading on Thursday, the U.S. dollar index hovered at 98.53. The main reason for the pressure on the U.S. dollar came from Federal Reserve Chairman Jerome Powell. The positive sentiment in European and U.S. stock markets also led to capital outflows f...
News2025-10-16
RBA senior official hints that inflation may exceed expectations, pushing the Au
Sarah Hunter, assistant governor of the Reserve Bank of Australia, said recent economic data has been slightly stronger than expected and inflation in the third quarter may be higher than previously forecast. She pointed out that the labor market and economic ...
News2025-10-16
The probability of a U.S. interest rate cut is 94%. Is it a spring breeze for th
On Wednesday (October 15), the EURUSD traded around 1.1630 during the European session. The US dollar continued to weaken after Powell released his dovish stance the night before, and the exchange rate once again tested the Bollinger Middle Track upwards from ...
News2025-10-16
The USD/JPY 151 mark sounds the alarm! Yen bulls hold three sharp swords
During the Asia-Europe period on Wednesday (October 15), the U.S. dollar fluctuated and weakened against the Japanese yen, once falling below the 151 integer mark, refreshing a one-week low to 150.90, a decrease of about 0.62%, and currently rebounding slightl...
News2025-10-16
Risk aversion continues to push new highs, gold and silver are overbought and ma
Yesterday, the gold market opened at 4142.3 in early trading, then the market retreated slightly to reach 4139.2, and then the market rose strongly. After breaking the previous day‘s high, the daily line continued to hit the all-time high. The daily line reach...
News2025-10-16
A collection of good and bad news affecting the foreign exchange market
1. The US dollar: the long-short game between easing expectations and debt concerns (1) Positive factors: The consensus on easing within the Federal Reserve has strengthened: Powell reiterated on the 14th that there is "no preset path" for policy, Governor Bow...
News2025-10-16
The United States and Israel once again threaten Hamas to disarm, trade tensions
In terms of basic news, on Thursday (October 16, Beijing time), spot gold was trading around US$4,210.94 per ounce. On Wednesday, the price of gold stood above the US$4,200 per ounce mark, reaching a maximum of US$4,218.14 per ounce, as bets on interest rate c...
News2025-10-15
The euro passed the 1.1600 life and death barrier! The double bottom signal flas
XM Foreign Exchange APP News - During the Asia-Europe session on Wednesday, the exchange rate of the euro against the US dollar held the 1.1600 mark and made a breakthrough upward. The exchange rate is currently stepping back to the breakthrough level. During ...
News2025-10-15
Hammer indicates rebound
XM Foreign Exchange APP News - On Wednesday (October 15), the Australian dollar/US dollar reported an intraday price of 0.6519/20, an increase of 0.52%. The moving averages on the daily chart move upward, forming some support for the price, indicating that sho...
News2025-10-15
Is the United States sounding the stagflation alarm? Powell's speech sends dolla
XM Foreign Exchange APP News - Deloitte survey data shows that 57% of Deloitte‘s annual survey released on Wednesday showed that as the holiday shopping season approaches, the majority of American consumers are pessimistic about the current economic situation....
News2025-10-15
Bank of America’s quarterly results are impressive, analysis of short-term trend
Global Market Overview 1. European and American market conditions. The three major futures indexes all rose. The Dow futures rose 0.30%, the S&P 500 futures rose 0.46%, and the Nasdaq futures rose 0.65%. Germany‘s DAX index rose 0.02%, Britain‘s FTSE 100 index...
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