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On September 17, in the early trading of Asia on Wednesday, Beijing time, the US dollar index hovered at 96.69. On Tuesday, the dollar index fell to its lowest level in more than 10 weeks and ended up closing down 0.71% at 96.65 as investors bet on the Fed wou...
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The dollar hits a new low in more than two months, facing the test of Federal Re
In Asian session on Wednesday, the U.S. dollar index fluctuated downward, and the dollar fell across the board on Tuesday, hitting its four-year low against the euro, and investors firmed their bets on the Fed‘s interest rate cut this week. At 2:00 am on Thurs...
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A collection of positive and negative news that affects the foreign exchange mar
In the foreign exchange market, a field full of variables and opportunities, investors need to pay close attention to various news every day, because they are like the steering of the weather vane and can significantly affect the trend of the currency. On Sept...
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US-India trade negotiations are active, waiting for the Fed to cut interest rate
Basic news on Wednesday (September 17 Beijing time), spot gold trading was around $3,693.70/oz, and gold prices hit a historical high of $3,702.93/oz on Tuesday, as the market bets that the Federal Reserve cut interest rates this week, driving gold prices to c...
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GBP/USD exchange rate hits two-month high
XM Forex APP News - On Tuesday (September 16), the GBP/USD exchange rate traded at 1.3645, the highest level since early July. This bullish sentiment is driven mainly by policy differentiation between the two major central banks: the United States: With the su...
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US debt counterattack and become king! Rate cut expectations push the bulls, the
XM Forex APP News - U.S. Treasury bonds have performed far ahead in the major sovereign bond markets this year, as although the weak dollar has increased the return on overseas assets compared to U.S. bonds, excluding exchange rate factors, sovereign debts in ...
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Russian oil pipeline giant restricts oil storage, analysis of short-term trends
Global Market Review 1. European and American market trends. The three major U.S. stock index futures rose, Dow futures rose 0.02%, S&P 500 futures rose 0.18%, and Nasdaq futures rose 0.22%. The German DAX index fell 0.54%, the UK FTSE 100 index fell 0.26%, th...
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Dollar remains weak before Fed meeting, gold hits record high
Earlier Tuesday, the U.S. dollar (USD) still faced moderate bearish pressure as investors adjusted their positions ahead of the Fed’s two-day key policy meeting. In the second half of the day, the U.S. Economic Calendar will introduce the retail sales, import ...
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