On Wednesday, the US dollar index rose first and then fell, and once rose to the intraday high of 98.42. Then it erased all intraday gains and turned to a decline. However, after the meeting minutes showed that only two Fed decision makers supported the intere...

On Thursday, August 21, spot gold trading around $3,348 per ounce, gold prices rose on Wednesday, the dollar weakened, and market participants are preparing for the upcoming Jackson Hall seminar. Meanwhile, the minutes of the Federal Reserve meeting showed tha...

The dollar index hovered around 98.29 in the Asian session on Thursday, and the dollar fell on Wednesday after U.S. President Donald Trump called on Fed Director Cook to resign, but curbed its decline after records of the Fed‘s latest meeting showed only two p...

1. Economic data and policy trends (I) UK inflation boosted pound pound data. The UK Office of Statistics showed that CPI rose 3.8% year-on-year in July, significantly higher than market expectations of 3.4%, hitting a 18-month high. Rising air fares, hotel an...

The pound has stood firm after two consecutive days of declines, and the market is evaluating the UK‘s July inflation data. Later in the U.S. session, the Federal Reserve will release minutes of its policy meeting from July 29 to 30. Several Fed policymakers p...

On Tuesday, the US dollar index fluctuated back and forth around the 98 mark during the day. As of now, the US dollar price is 98.34. Overview of the fundamentals of foreign exchange markets US Treasury Secretary Besent: Meeting with 11 Fed Chair candidates wi...

On August 20, spot gold was trading around $3,315 per ounce, and the market was cautiously optimistic about the Russian-Ukrainian conflict, investors held their breath and waited for Fed Chairman Powell‘s speech at Jackson Hall later this week; U.S. crude oil ...

During the Asian session on Wednesday, the US dollar index remained volatile, the US dollar rose and fell on Tuesday, and there were almost no important economic data to drive the market direction this week. Traders focused on Fed Chairman Powell’s speech on F...