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Russia-Ukraine still supports gold prices, Trump postponed EU tariffs
Basic news On Tuesday (May 27), spot gold fluctuated slightly, and trading is currently around $3347.17 per ounce. US President Trump decided to give up the threat of imposing 50% tariffs on EU imported products from next month. The gold price fell to around $...
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The dollar index is weak, the market is waiting for US heavy data
In the Asian session on Tuesday, the dollar index hovered around 98.95, the dollar continued to fall against multiple currencies, and the big turn in Trump‘s policy, and the comprehensive spending and tax cut bills he is currently pushing, have discouraged inv...
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The dollar begins to soften this week
During the European session on Monday, May 26, the dollar continued to weaken against major currencies at the beginning of the new week as investors remained cautious about the outlook for economic growth following the latest tariff threat from US President Do...
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US assets were sold off by
Asian market review On Monday, the dollar index plummeted to its lowest level since March 2022 as Trump‘s bombardment of Powell hurts investors‘ confidence in U.S. assets, and the dollar has so far been quoted at 98.08. Overview of the fundamentals of the fore...
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US media revealed the inside story of Trump's tariff suspension, and Powell was
Trump stepped up criticism of Fed Chairman Powell on social media on Monday, calling him a "big loser" and demanding an immediate rate cut. White House economic adviser Kevin Hassett said Friday that the president and his team are still studying whether they c...
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Trump continues to bombard Powell, the dollar hovers around 98, gold soars
On April 22, in the early trading of Asian market on Tuesday, Beijing time, the US dollar index hovered around 98.50. On Monday, the dollar index plummeted to its lowest level since March 2022, eventually closing down 0.885% to 98.36 as Trump‘s bombardment of ...
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Dollar Index weakens, Fed officials to speak
The dollar index fluctuated in Asian session on Tuesday, and the dollar fell to its lowest level in three years as President Trump‘s comments on Fed Chairman Powell once again hit investors‘ confidence in the U.S. economy. The dollar index fell 0.89% on Monday...
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A collection of positive and negative news that affects the foreign exchange mar
The following is a highlight of the positive and negative news that affected the foreign exchange market on April 22, 2025: The negative news The US dollar is suppressed by multiple factors: Trump’s pressure on the Federal Reserve triggers a trust crisis: Trum...
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