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The US dollar launches a
XM Foreign Exchange APP News - During the New York session on Thursday (October 30), the U.S. dollar index and U.S. bonds launched a surprise war. The euro against the U.S. dollar fell rapidly from flat to -0.45%. The reason may be that the Federal Reserve end...
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Japan stands still, the European Central Bank's interest rate decision is coming
On October 30, following the volatility in financial markets on Wednesday, investors took a short break while preparing for a policy announcement from the European Central Bank (ECB). In addition, the European economic calendar will also announce the initial v...
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Will it fall first and then rise or continue to rise? The US dollar only gives 3
XM Foreign Exchange APP News - Wednesday, October 29th. As the Federal Reserve‘s interest rate meeting this week is about to come to an end, the focus of the foreign exchange market has shifted from "whether to cut interest rates" to "how to cut interest rates...
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Powell pours cold water on expectations for December rate cut
On October 30, during the Asian market on Thursday, spot gold was trading around US$3,950 per ounce. Gold prices sharply narrowed their gains on Wednesday. Although the Federal Reserve announced a 25 basis point interest rate cut as expected by the market, the...
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Dollar index rises as Powell pours cold water on expectations of December rate c
In Asian trading on Thursday, the U.S. dollar index hovered above 99. On Tuesday, after the release of a number of U.S. economic data, the U.S. dollar fluctuated sharply against the euro. The U.S. dollar index fell 0.08% in late trading to 98.69; the euro rose...
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A collection of good and bad news affecting the foreign exchange market
Good news: The Federal Reserve cut interest rates: In the early morning of October 30, Beijing time, the Federal Reserve announced an interest rate cut of 25 basis points, lowering the federal funds rate target range to between 3.75% and 4%, marking the second...
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Inventories exceed expectations to support oil prices, Powell pours cold water o
Basic news: On Thursday (October 30, Beijing time), spot gold was trading around US$3,950 per ounce. Gold prices sharply narrowed their gains on Wednesday. Although the Federal Reserve announced a 25 basis point interest rate cut as expected by the market, the...
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Demand for German government bonds picks up, analysis of short-term trends of sp
Global Market Overview 1. European and American market conditions The three major U.S. stock index futures all rose, with the Dow futures rising 0.25%, the S&P 500 futures rising 0.31%, and the Nasdaq futures rising 0.47%. Germany‘s DAX index fell by 0.02%, Br...
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