Wonderful Introduction:
The moon has phases, people have joys and sorrows, whether life has changes, the year has four seasons, after the long night, you can see dawn, suffer pain, you can have happiness, endure the cold winter, you don’t need to lie down, and after all the cold plums, you can look forward to the New Year.
Hello everyone, today XM Foreign Exchange will bring you "【XM Group】: Collection of positive and negative news that affects the foreign exchange market". Hope it will be www.xm-bx.comful to you! The original content is as follows:
Feder officials reiterate inflation risks, and the dollar accelerates rebound: Fed voters next year Logan said that inflation is still higher than the Fed's target, and tariffs are expected to push up inflation in the next few months. To avoid excessive easing, it is appropriate to avoid excessive easing that ultimately forces the Fed to tighten the currency. The current policy does not exceed moderate restrictions. This position is appropriate. This year's voter Goulsby also hopes to be cautious about excessively high-rate cuts. These speeches by Fed officials have accelerated the dollar's rebound and hit a new high, which is good news for the dollar.
The US government may be preparing to release non-farm employment data: There are reports that the US government may be preparing to release non-farm employment data, and US Treasury yields have fallen. Warren, a member of the U.S. Senate Democrat, called on the government to release the September employment report as planned on Friday during the shutdown, and the media quoted an assistant to the U.S. Senate Banking www.xm-bx.committee as saying that the Bureau of Labor Statistics may be ready to release September labor data, and the data has been collected. If non-farm employment data can be released smoothly and perform well, it will www.xm-bx.com the US dollar.
The EU plans to double the tariff rate for steel imports: It is reported that the EU plans to double the tariff rate for steel imports to 50%, which may protect EU-related industries and benefit the euro to a certain extent.
The U.S. government shutdown affects economic expectations: the second day of the U.S. government shutdown enters, Trump said he is considering cutting thousands of federal employees and asked the budget director to propose permanent or temporary cuts. The White House has suspended funding for New York's transportation and clean energy projects. The shutdown of the US government may have a negative impact on the US economy, thereby suppressing the US dollar. Citi believes that the U.S. government is shutting downLong and short are the key to determining asset performance. The market may be too optimistic about the price of this shutdown. The long-term shutdown may lead to a sell-off in US stocks and the US dollar will also be implicated.
The exchange rate trend of some currencies is poor: from the perspective of specific currency exchange rates, the exchange rate of the Tunisian dinar against the pound fell by 1.5122%, the exchange rate of the New Zealand dollar against the Swiss franc fell by 0.5195%, the exchange rate of the Malaysian ringgit against the Philippine peso fell by 0.0419%, the exchange rate of the Korean won against the Swedish kroner fell by 0.9763%, etc. The decline in the exchange rate of these currencies reflects the weak position of the relevant currencies, which is unfavorable news for investors holding these currencies.
Global economic uncertainty increases: The Russian-Iran www.xm-bx.comprehensive Strategic Partnership Treaty has officially www.xm-bx.come into effect, and this event may have an impact on the global political and economic landscape and increase market uncertainty. In addition, events such as Goldman Sachs lowering oil price expectations and Tesla's stock price rose first and then fell also reflect market volatility and uncertainty. These factors may have adverse effects on the foreign exchange market, leading to an increase in risk aversion sentiment among investors and flowing to safe assets, thus putting pressure on some risky currencies.
The above content is all about "【XM Group】: Collection of Positive and Negative News that Influences the Foreign Exchange Market". It was carefully www.xm-bx.compiled and edited by the XM Foreign Exchange editor. I hope it will be www.xm-bx.comful to your trading! Thanks for the www.xm-bx.com!
Due to the author's limited ability and time constraints, some content in the article still needs to be discussed and studied in depth. Therefore, in the future, the author will conduct extended research and discussion on the following issues: