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Key points of the Bank of England’s decision
Keep interest rates unchanged: The Bank of England announced the interest rate resolution, and the committee unanimously agreed to maintain interest rates and the total size of asset purchases at 745 billion pounds unchanged, and strive to ensure the stability of British monetary policy and financia
#GoldBreaks2000#
Spot gold prices set a new high again, and short-term callbacks under the bullish background are good opportunities for longs to enter the market. Spot gold rose to a new high after a short-term callback on Wednesday. Industry analysts, therefore, recommend investors to take advantage of the sh
The rising momentum of the Australian dollar against the US dollar is facing exhaustion
The rising momentum of the Australian dollar against the US dollar is facing exhaustion, and the epidemic and geopolitical situation may become a roadblock. The Australian dollar strengthened slightly against the US dollar on Monday, mainly driven by the continued decline of the US dollar index in t
Commerzbank: Cautiously bullish the euro against the dollar, which is expected to rise to 1.1833
Commerzbank believes that the euro against the U.S. dollar maintains its upward movement performance last week, breaking through the 1.17 mark within the day to hit a new high of 1.1725 in the past two years. The market outlook is expected to test upwards to the September 2018 high of 1.1833, but th
Gold Breaks $2000?
The price of precious metals represented by gold has been rising like a rainbow, which has also made the markets call for the price of gold to exceed $2,000 more and more in the future;The popularity of gold futures trading can also be seen from the latest third quarter report of CME Group. CME Grou
The U.S. dollar continued to fall
The U.S. dollar continued to fall to its lowest point in nearly two years on Thursday, and the Euro rose for five consecutive days to its highest level since October 2018;The US dollar fell to a nearly two-year low on Thursday, as investors expected the surge in coronavirus cases to make it difficul
The US stock market closed sharply lower on Thursday due to the sell-off of technology stocks
The US stock market closed sharply lower on Thursday due to the sell-off of technology stocks, with the S&P 500 index hitting its biggest daily decline in nearly a month. U.S. stocks fell sharply on Thursday as investors dumped technology stocks that led the market due to mixed results and there
Post-Brexit relations negotiations
The progress of the EU and the UK is slow, and the post-Brexit relations negotiations have moved towards a fringe moment.At the end of the latest round of negotiations on the future relationship between the United Kingdom and the European Union, both parties said they were still far from reaching an
July 24 Financial Event Reminders
July 24 (Friday) Trading Day to be announced Key Data and Financial Event Reminders:(Tokyo Stock Exchange is closed for one day due to Sports Festival)07:01 UK July GFK Consumer Confidence Index14:00 UK retail sales monthly rate after seasonal adjustment in June15:15 French Manufacturing PMI in July
The rise in gold prices hit a new high in nearly nine years, as the U.S. dollar fell to a two-year low and the market expected more stimulus measures
The price of gold rose by nearly 1% on Thursday, reaching a level slightly below US$1,900 per ounce. The US’s initial jobless claims last week were boosted by the weakening of the US dollar and hopes of introducing more stimulus measures to revive the economy hit by the epidemic. The increase has ca
Wells Fargo: The US dollar may weaken further after the FOMC meeting
Wells Fargo believes that even if the Federal Reserve maintains its policy at the FOMC meeting next week, the US dollar may still weaken further, which is most beneficial to the Euro and other currencies of the “dollar group”. Strategists Mike Schumacher, Zachary Griffiths and Erik Nelson wrote in T
U.S. Treasury volatility is close to record lows, but history shows that August should not be taken lightly
U.S. Treasury bond volatility has fallen to near record lows, however, the historical trend of the past ten years reminds interest rate traders to be wary of the safety illusion caused by this quiet summer market;Analysis by Michael Chang, director of interest rate research at Société Générale. Sinc
DXY fell into a low consolidation
Market sentiment tangled under the multi-party risk sentiment, and the US dollar index fell into a low consolidation;The US dollar index fell to a four-and-a-half-month low of 94.82 at the beginning of the North American session on Wednesday, and has since been basically stuck in a low level consoli
Pull-up Update