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US dollar index reversal, gold rides on a roller coaster, Trump and Musk openly
On June 6, in the early trading of Asian market on Friday, Beijing time, the US dollar index hovered around 98.82. On Thursday, the heads of Chinese and US dollars talked on the phone, and the US dollar index reversed V-shaped reversal, but remained below the ...
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A collection of positive and negative news that affects the foreign exchange mar
1. Macroeconomic data dynamics (I) The number of people who requested initial unemployment benefits in the US economic data rose: the number of people who requested initial unemployment benefits in the US unexpectedly increased to 247,000 in the week of May 31...
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The market is waiting for non-agricultural data, trade reports favorable prices
Basic news on Friday (June 6, Beijing time), spot gold traded around 3358. After positive news on trade, safe-haven gold reversed its decline on Thursday, while silver broke through the key level of $35, setting a 13-year high; U.S. data showed that the number...
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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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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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