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The dollar index is weak, the market is waiting for Powell to speak
The dollar index fell 0.6% on Monday in the Asian session. Federal Reserve Chairman Powell delivered a welcome speech at a regulatory meeting on this trading day, paying attention to whether Powell was involved in monetary policy-related remarks, and continue ...
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Five major events to happen in the global market this week
Will trade tensions worsen? The risk of deterioration remains ahead of the August 1 deadline, especially in negotiations between the United States (US) and the European Union (EU). The interest rate decisions and several economic data in the old mainland have ...
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Dollar Index weakens, Fed officials to speak
The dollar index fluctuated in Asian session on Tuesday, and the dollar fell to its lowest level in three years as President Trump‘s comments on Fed Chairman Powell once again hit investors‘ confidence in the U.S. economy. The dollar index fell 0.89% on Monday...
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Trump's attack on Powell hit market confidence, gold prices continue to hit reco
Basic news on Tuesday (April 22 Beijing time), spot gold continued to rise, setting a record high at 3441.53. The weakening of the dollar and the uncertainty of the economic impact of trade tensions stimulated safe-haven demand. Trump‘s attack on Powell may th...
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Trump criticized the Fed for shaking confidence! US dollar continues to be sold
On April 21, during the European session on Monday, the US dollar (USD) faced selling pressure again after closing in a calm manner last week. Growing concerns about the U.S. recession and questions about the independence of the Federal Reserve have put pressu...
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The US dollar fell below the 99 mark, and gold rose sharply at the opening!
On April 21, in the early trading of Asian market on Monday, Beijing time, the US dollar index hovered around 98.63. Last Friday, affected by Good Friday, the United States, many European countries, Australia and China‘s Hong Kong Stock Exchange were closed fo...
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A collection of positive and negative news that affects the foreign exchange mar
The following is a highlight of the positive and negative news that affected the foreign exchange market on April 21, 2025: The negative news related to the US dollar: The US dollar fell below the 99 mark in the early trading, hitting a low of 98.88, a new low...
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Gold soared by hundreds of dollars in a single day, and non-US currencies counte
The dollar fell for the seventh straight week, trading neared a three-year low as fears about the U.S. economy continued, and tariff tensions remained high. The European Central Bank (ECB) announced Thursday that, as widely expected, it cut key interest rates ...
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