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News2025-10-23
The European Central Bank sounds the alarm, the fate of the euro lies in the Uni
Philip Lane, chief economist of the European Central Bank, said on Tuesday (October 21) that euro zone banks may face pressure if U.S. dollar financing, the lifeblood of financial markets, dries up. This statement comes at a time when market concerns about U.S...
News2025-10-23
The dawn of trade is hard to beat the torrent of supply! Revealing the culprit b
On Wednesday (October 22), U.S. crude oil (WTI) continued its gains from the previous trading day and is currently trading around $58.06 per barrel, an increase of about 1.4%. It rebounded from the nearly five-month low of $55.96 per barrel set this week, as A...
News2025-10-23
GBP falls to 1.33 mark! Four major signals indicate that the exchange rate may t
During the European trading session on Wednesday (October 22), the pound against the U.S. dollar fell to the 1.3310 level. The exchange rate fell rapidly by 60 points during the session, down 0.37%, and is currently trading around 1.3319. The pair has been tre...
News2025-10-23
Palm oil suffered from external drag, resulting in three consecutive negative ye
The Malaysian palm oil futures market continued its decline on Wednesday (October 22), closing lower for the third consecutive trading day. Significantly dragged down by the weak competitive vegetable oil prices in Dalian, the benchmark January contract FCPOc3...
News2025-10-23
The US-Russia summit falls into Rashomon, who will take the lead in gold?
The negotiation process between the United States and Russia on the Russia-Ukraine conflict has seen a tug of war again recently. The original date for the Trump-Putin summit has not yet been finalized. The United States emphasizes the need for substantial pro...
News2025-10-23
Oversold hammer hits the bottom, gold and silver are short and then long
Yesterday, the gold market opened at 4125.4 in early trading and the market fell back in early trading. After the daily line reached the lowest position of 4002.7, the market was strongly supported by the hotline level Bollinger Track. After the daily line rea...
News2025-10-23
The U.S. dollar's rise paused, and spot gold fluctuated sharply. The U.S. Depart
On October 23, in early trading in Asia on Thursday, Beijing time, the U.S. dollar index was hovering around 98.95. On Wednesday, the U.S. dollar index paused after rising for three consecutive days. It once rose above the 99 mark during the session, and final...
News2025-10-23
The U.S. dollar index remains volatile as inflation data becomes a key market dr
In the Asian session on Thursday, the U.S. dollar index fluctuated slightly and rose. After the economic data schedule was quiet on Thursday, the release of more influential data will resume on Friday. UK retail sales and the S&P Global Purchasing Managers‘ In...
News2025-10-23
Short-term operation guide for major currencies on October 23
From a technical point of view, the U.S. dollar index‘s rise on Wednesday was blocked below 99.15, and its decline was supported above 98.75, which means that the U.S. dollar is likely to maintain an upward trend after a short-term decline. If the U.S. index f...
News2025-10-23
A collection of good and bad news affecting the foreign exchange market
1. US dollar: Dovish signals strengthen the negative side, and hedging demand provides support and positive factors. The inflow of global hedging funds forms a periodic support. In September, global physical gold ETFs recorded the largest single-month inflow i...
News2025-10-23
Oil prices rose more than 3%, gold prices fell to nearly two-week lows, the Unit
Basic news: On Thursday (October 23, Beijing time), spot gold was trading around $4,089 per ounce. Gold prices fell to a nearly two-week low as investors took profits before the United States released key inflation data this week. U.S. crude oil was trading ar...
News2025-10-22
Gold's unprecedented damage hit 377 meters in one breath, and it will take some
Zheng‘s point of view: Gold hit an unprecedented 377 meters in one breath, and it will take some time to repair the bottom. Analysis and interpretation of today‘s market, briefly speaking: First, gold: it hit directly from 4380 yesterday to today‘s low of 4004...
News2025-10-22
The U.S. government shutdown has dragged down the foreign exchange market. Analy
Global Market Overview 1. European and American market conditions The three major U.S. stock index futures all fell, with the Dow futures falling 0.00%, the S&P 500 futures falling 0.04%, and the Nasdaq futures falling 0.27%. Germany‘s DAX index fell by 0.21%,...
News2025-10-22
Dollar recovers, pound falls on weak UK inflation data
Sterling weakened against major rivals earlier on Wednesday as markets assessed UK inflation data as weaker than expected. The economic calendar will not release any data that could have a major impact on the movements of major currency pairs mid-week. As a re...
News2025-10-22
Gold, has the bull market turned around?
Gold‘s flash crash of 5% overnight was a "collision" between expectations and reality. Gold prices plummeted 5% in a single day, with prices falling rapidly from a high of $4,400, the largest single-day drop of the year. This sudden "flash crash" not only ende...
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