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News2025-10-16
The dollar missed the 99 mark, and Fed Governor Milan called for a quick interes
On October 16, in early trading in Asia on Thursday, Beijing time, the U.S. dollar index was hovering around 98.49. On Wednesday, the U.S. dollar index fell for the second consecutive trading day. After falling below the 99 mark, it continued to decline and fi...
News2025-10-16
Short-term operation guide for major currencies on October 16
From a technical point of view, the U.S. dollar index‘s rise on Wednesday was blocked below 99.10, and its decline was supported above 98.65, which means that the U.S. dollar is likely to maintain a downward trend after a short-term rise. If the U.S. index‘s r...
News2025-10-16
Will gold continue to break high after fluctuating at high levels on 10.16? Toda
Same market situation, different guidance, different life. The characteristic of novices is that they do not understand technology and enter the market blindly. They only consider one issue every time they trade: they think that as long as they predict the ris...
News2025-10-16
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...
News2025-10-16
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...
News2025-10-16
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 ...
News2025-10-16
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...
News2025-10-16
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...
News2025-10-16
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...
News2025-10-16
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...
News2025-10-16
RBA senior official hints that inflation may exceed expectations, pushing the Au
Sarah Hunter, assistant governor of the Reserve Bank of Australia, said recent economic data has been slightly stronger than expected and inflation in the third quarter may be higher than previously forecast. She pointed out that the labor market and economic ...
News2025-10-16
The probability of a U.S. interest rate cut is 94%. Is it a spring breeze for th
On Wednesday (October 15), the EURUSD traded around 1.1630 during the European session. The US dollar continued to weaken after Powell released his dovish stance the night before, and the exchange rate once again tested the Bollinger Middle Track upwards from ...
News2025-10-16
The USD/JPY 151 mark sounds the alarm! Yen bulls hold three sharp swords
During the Asia-Europe period on Wednesday (October 15), the U.S. dollar fluctuated and weakened against the Japanese yen, once falling below the 151 integer mark, refreshing a one-week low to 150.90, a decrease of about 0.62%, and currently rebounding slightl...
News2025-10-16
Risk aversion continues to push new highs, gold and silver are overbought and ma
Yesterday, the gold market opened at 4142.3 in early trading, then the market retreated slightly to reach 4139.2, and then the market rose strongly. After breaking the previous day‘s high, the daily line continued to hit the all-time high. The daily line reach...
News2025-10-16
A collection of good and bad news affecting the foreign exchange market
1. The US dollar: the long-short game between easing expectations and debt concerns (1) Positive factors: The consensus on easing within the Federal Reserve has strengthened: Powell reiterated on the 14th that there is "no preset path" for policy, Governor Bow...
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