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Steel mill shutdowns and import price increases may hit the US dollar
XM Forex APP News - According to the Chicago Mercantile Exchange‘s FedWatch tool on Thursday (August 14), the market expects the possibility of the Federal Reserve cutting interest rates in September as moderate inflation data in July shows that the transmissi...
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The US dollar hovers below the 98 mark, waiting for US data
Earlier on Thursday, the pound remained resilient against its competitors, backed by optimistic data releases. In the second half of the day, July producer inflation data and weekly initial jobless claims will appear in the U.S. economic calendar. The Office f...
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Trump issued another harsh warning to Putin before the meeting, Powell may perso
On August 14, during the Asian session on Thursday, spot gold traded around $3,360/ounce, and gold price gains were boosted by weakening the U.S. dollar and lower U.S. Treasury yields. Moderate U.S. inflation data consolidated expectations of the Fed‘s interes...
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The US dollar index has been falling continuously, and competition for the posit
On August 14, in the early trading of Asian market on Thursday, Beijing time, the US dollar index hovered around 97.67. On Wednesday, as investors basically confirmed that the Federal Reserve cut interest rates in September, the US dollar index fell for the se...
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Fed rate cut expects to suppress the US dollar, pay attention to PPI and initial
In the Asian session on Thursday, the U.S. dollar index hovered around 97.67, and the U.S. dollar index remained under pressure as the Fed‘s dovish expectations were fully included and political noise continued to intensify. Unless Friday’s retail sales or con...
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A collection of positive and negative news that affects the foreign exchange mar
1. Macroeconomic data: The cooling of inflation and growth differentiation intertwined. The US PPI exceeded expectations and strengthened interest rate cuts. The US PPI rose 2.2% year-on-year in July, lower than the expected 2.3%. The core PPI remained the sam...
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US inflation cools down, analysis of short-term trends of spot gold, silver, cru
Global Market Review 1. European and American market trends. The three major U.S. stock index futures rose, Dow futures rose 0.27%, S&P 500 futures rose 0.20%, and Nasdaq futures rose 0.23%. The German DAX index rose 0.70%, the UK FTSE 100 index rose 0.22%, th...
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CPI data contradictions intensify the Federal Reserve's dilemma, and policy susp
Asian market conditions were on Tuesday as data showed that U.S. inflation rose only moderately in July, retaining the possibility of the Fed‘s interest rate cut next month. The US dollar index fell sharply and returned to near the 98 mark. As of now, the US d...
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