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market analysis2025-10-16
The legal and political situation has eased, but the budget bomb has been plante
During the Asian session on Wednesday (October 15), the euro held on to the previous day‘s gains against the U.S. dollar and rose moderately, as the decline in political instability in France provided support for the euro, and Federal Reserve Chairman Powell‘s...
market analysis2025-10-16
USD/JPY falls below key support as rising risk aversion drives yen rebound
The Japanese yen (JPY) continued to strengthen against the US dollar (USD) on Wednesday, continuing this week‘s safe-haven buying trend. Affected by rising trade concerns and geopolitical risks, investors have turned to safe-haven assets. Recently, Asian count...
market analysis2025-10-16
Rising expectations of a Fed rate cut push GBP/USD to rebound to 1.3350, while w
In early Asian trading, GBP/USD continued its rebound and was trading near 1.3350. The main reason for the weakness of the US dollar is that expectations of a rate cut by the Federal Reserve have increased significantly. According to the CMEFedWatch tool, the ...
market analysis2025-10-16
Expectations of a Fed rate cut and pressure from government shutdowns drag the U
The U.S. dollar index (DXY) continued to fall during the Asian session, extending the previous day‘s weak performance. The index has now fallen below the 99.00 mark, falling for the second consecutive day. The market generally believes that the Federal Reserve...
market analysis2025-10-16
US data "black hole" triggers global crisis, shutdown farce subverts economic de
In today‘s highly interconnected global economic system, as the world‘s largest economy, the internal turmoil of the United States often affects countries around the world like dominoes. The recent shutdown of the U.S. government has disrupted the release of o...
market analysis2025-10-16
Is the United States sounding the stagflation alarm? Powell's speech sends dolla
Deloitte survey data shows that 57% of U.S. consumers (i.e. the majority group) expect the economy to weaken in the next year. This is the most pessimistic expectation recorded by the consulting organization since it started tracking consumer sentiment in 1997...
market analysis2025-10-16
Expectations of interest rate cuts coupled with improved risk sentiment put the
In Asian trading on Thursday, the U.S. dollar index hovered at 98.53. The main reason for the pressure on the U.S. dollar came from Federal Reserve Chairman Jerome Powell. The positive sentiment in European and U.S. stock markets also led to capital outflows f...
market analysis2025-10-16
The United States and Israel once again threaten Hamas to disarm, trade tensions
In terms of basic news, on Thursday (October 16, Beijing time), spot gold was trading around US$4,210.94 per ounce. On Wednesday, the price of gold stood above the US$4,200 per ounce mark, reaching a maximum of US$4,218.14 per ounce, as bets on interest rate c...
market analysis2025-10-15
Hammer indicates rebound
XM Foreign Exchange APP News - On Wednesday (October 15), the Australian dollar/US dollar reported an intraday price of 0.6519/20, an increase of 0.52%. The moving averages on the daily chart move upward, forming some support for the price, indicating that sho...
market analysis2025-10-15
Dollar slips on U.S.-China tensions, gold tops $4,200
Gold extended its impressive rally to a new all-time high above $4,200 on Wednesday, October 15, as the market assessed the latest headlines surrounding U.S.-China relations. The U.S. economic calendar will release weekly mortgage applications and the New York...
market analysis2025-10-15
IEA says oversupply continues, WTI falls below $60
XM Review: IEA said the oversupply situation continues, WTI fell below $60 The explanation given by the IEA for the slowdown in crude oil demand is the severe macroeconomic situation and the shift to electrification in transportation. The reason for the increa...
market analysis2025-10-15
Gold is almost $4,200!
A gust of wind blew by, scaring everyone into a cold sweat. The bull market was hard to sustain if it plummeted. At noon last night, the price of gold fell rapidly by US$100, from US$4,180 to around US$4,090, and RMB gold instantly dropped by 20 yuan/gram. Thi...
market analysis2025-10-15
[Hot Spots] The “gold” storm is sweeping across the country, and precious metals
Precious metals are going crazy this year! Spot gold and silver both hit record highs this week, with full-year gains of 56% and 75%, and both are hitting their ninth consecutive week of weekly gains. Platinum and palladium‘s full-year gains are even more impr...
market analysis2025-10-15
Powell's dovish stance may end the dollar's rebound, and the October interest ra
In the Asian market on Tuesday, the U.S. dollar index stayed just above the 99 mark and finally closed down 0.21% at 99.056. U.S. bond yields have generally fallen, with the benchmark 10-year U.S. bond yield hitting 4% for the first time since September 17. As...
market analysis2025-10-15
Failing to pass the eighth round of voting, Powell emphasized downside risks to
On October 15, spot gold was trading around US$4,173 per ounce. Gold prices once again hit a record high of US$4,179.47 per ounce on Tuesday, as market expectations that the Federal Reserve will cut interest rates this month and intensifying trade tensions ign...
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