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ECB interest rate decisions and U.S. data intensify volatility
Earlier on Thursday, major currency pairs fluctuated in their weekly range. The European Central Bank (ECB) will announce monetary policy decisions, and the U.S. economic calendar will provide data on challenger layoffs in May, the number of first-time unemplo...
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US index is under pressure from weak data and foreign capital outflows, Europe a
Asian market review Wednesday, the dollar index fell below the 99 mark and returned to a six-week low, with weak U.S. economic data pushing up expectations of interest rate cuts, and so far, the dollar is quoted at 98.88. Overview of the fundamentals of the fo...
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On June 5, in the early trading of Asian market on Thursday, Beijing time, the US dollar index hovered around 98.75. On Wednesday, the dollar index fell below the 99 mark and returned to a six-week low, eventually closing down 0.42% at 98.813 as weak U.S. econ...
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A collection of positive and negative news that affects the foreign exchange mar
1. International economic data and policy dynamics. The weak US economic data dragged down the U.S. ADP employment in May released by the US dollar on June 4 only increased by 37,000, a two-year low, far lower than the expected 114,000. Employment in manufactu...
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Dollar Index is under pressure due to weak economic data and tariff storm
In the Asian session on Thursday, the U.S. dollar index hovered around 98.78, and the U.S. dollar fell across the board on Wednesday, after weaker than expected U.S. private employment data highlighted the continued slowing trend of the labor market, and the U...
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Oil price gains are limited, weak U.S. data supports gold prices, tariff uncerta
Basic news on Thursday (June 5, Beijing time), spot gold trading around 3373.41; gold prices rose nearly 1% on Wednesday, supported by weaker US dollar and weaker U.S. data, investors struggled to cope with growing economic and political uncertainty. U.S. crud...
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European Central Bank approves Bulgaria's use of euros, analysis of short-term t
Global Market Review 1. European and American market trends. The three major U.S. stock index futures rose, Dow futures rose 0.15%, S&P 500 futures rose 0.17%, and Nasdaq futures rose 0.14%. The German DAX index rose 0.59%, the UK FTSE 100 index rose 0.12%, th...
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A collection of positive and negative news that affects the foreign exchange mar
1. Macroeconomic data: long and short signals intertwined (I) Good news. The U.S. non-farm employment data in May exceeded expectations. Data released by the U.S. Department of Labor showed that the number of non-farm employment in May increased by 248,000, fa...
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