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News2025-08-06
New Fed Chairman may soon announce that the dollar index remains volatile
On August 6, in the early trading of Asia on Wednesday, Beijing time, the US dollar index hovered around 98.73. On Tuesday, the US dollar index maintained range fluctuations, falling shortly after the release of the US service industry PMI data, erasing most o...

News2025-08-06
Strongly push the Fed to become chairman, gold and silver safe-haven delays lowe
Yesterday, the gold market was widely consolidated. The market opened at 3374.8 in the morning and then rose slightly. The market fluctuated and then fell. The daily line was at the lowest point of 3349.3 and then the market rose strongly during the US session...

News2025-08-06
Guide to short-term operation of major currencies
From a technical point of view, the US dollar index rose below 99.10 on Tuesday and the decline above 98.55 was supported, meaning that the US dollar may maintain an upward trend after a short-term decline. If the US dollar index falls above 98.55 today and st...

News2025-08-06
Non-farm report confirms U.S. economy is slowing sharply
Despite possible controversy, the July employment report helped confirm the notion that the U.S. economic engine is shutting down. The number of non-farm employment increased by only 73,000 in the month, even lower than low-key expectations. A sharp downward c...

News2025-08-06
The United States may see recession signals, but the euro zone secretly "recover
During the Asian and European period on Tuesday (August 5), the euro fell slightly against the US dollar, and now trading around 1.1541, a drop of about 0.2%. The euro zone GDP achieved positive growth of 0.1% in the second quarter, better than expected zero g...

News2025-08-06
Japanese silver release eagle vs. Federal Reserve cut interest rates, will the y
During the Asian and European session on Tuesday (August 5), the US dollar bottomed out against the Japanese yen and rebounded, with a low of -0.29% to 146.61. The current price trading was 147.59, up 0.35%, and choose the direction below 148. The minutes of t...

News2025-08-06
The Swiss franc is under pressure, and the US dollar against the Swiss franc is
During the European trading session on Tuesday (August 5), the US dollar against the Swiss franc rose for the second consecutive trading day, trading around 0.8110. The rebound performance of the US dollar is closely related to the upcoming data of the US ISM ...

News2025-08-06
The expectation of interest rate cuts is favorable to gold. Can the technical si
On Tuesday (August 5), spot gold fell into a sideways fluctuation after rebounding strongly for three consecutive days. The European trading session was around $3,375, and the short-term trend showed a tug-of-war. The slight rebound of the US dollar index supp...

News2025-08-06
Calm after the Euro drama? Is it a bull trap or a new trend starting point
The US non-farm employment report released last Friday was significantly inferior to market expectations, triggering market concerns about the downward risks of the US economy and significantly suppressing the performance of the US dollar. Entering this Tuesda...

News2025-08-06
Weak employment data and political tensions drag the dollar down
During the European session on Tuesday (August 5), the US dollar index (DXY) rose slightly, but below the 99.00 mark. Weak U.S. jobs and manufacturing data, dovish signals from the Federal Reserve and geopolitical tensions around the BRICS countries have incre...

News2025-08-06
A collection of positive and negative news that affects the foreign exchange mar
1. Geopolitics and trade policy: Tariff storm and turmoil are intertwined. Trump‘s tariff policy is escalating. US President Trump announced that he will significantly increase tariffs on Indian goods imported to the United States in the next 24 hours, with th...

News2025-08-06
8.6 How to solve the problem of being trapped with a strong rise in gold? The la
There are always four levels in the investment market: keeping the principal, controlling risks, earning profits, and making long-term and stable profits. Don’t determine the result because of the winning or losing of a day. Is it accidental or inevitable to m...

News2025-08-06
Increased supply of OPEC+ drags oil prices down by nearly 2%, Fed rate cut expec
Basic news on Wednesday (August 6, Beijing time), spot gold trading was around $3,380.80 per ounce, and gold prices climbed to a nearly two-week high on Tuesday, supported by rising expectations of a U.S. interest rate cut, while investors were waiting for Pre...

News2025-08-06
Weak employment data and political tensions drag the dollar down
In Asian sessions on Wednesday, the dollar index fluctuated slightly, and the dollar rose on Tuesday, but still hovered near the lows hit last Friday, with the market still consolidating, and a weak employment report strengthened expectations for the Fed‘s int...

News2025-08-05
The United States may see recession signals, but the euro zone secretly "recover
XM Foreign Exchange APP News - During the Asian and European session on Tuesday (August 5), the euro fell slightly against the US dollar, and now trading around 1.1541, a drop of about 0.2%; the euro zone GDP achieved positive growth of 0.1% in the second quar...
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