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Four major events to happen in the global market this week
How high will the tariffs rise? U.S. President Donald Trump‘s next move has concerns investors and may dominate the deal. 1) The threat of additional tariffs may provide buying opportunities Any country that is consistent with the anti-US policies of the BRICS...
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Risk preferences fade as tariffs return to focus
XM Forex APP News - On Friday (July 4), investors are digesting the market trends of the past 24 hours as the United States celebrates Independence Day. The key employment report brought multiple surprises: the number of non-farm employment increased to 147,00...
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Trade benefits cannot meet the hidden financial concerns, and the storm of US do
The Asian market market last Friday, the US dollar index fell due to the "Big and US bill" promoted by Trump, and the US dollar index has fallen. As of now, the US dollar price is 97.04. Overview of the fundamentals of the foreign exchange market, tariff polic...
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Who will occupy the commanding heights in the long and short battles of the US d
In the Asian session on Monday, the dollar index hovered below 97, and the dollar fell against other major currencies last Friday after a signature tax cut bill pushed by President Trump was finally passed and countries face pressure to reach a trade deal with...
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A collection of positive and negative news that affects the foreign exchange mar
1. Core economic data and policy dynamics. The US non-farm employment data exceeded expectations. 147,000 new non-farm employment in June, far exceeding the expected 106,000, and the unemployment rate dropped to 4.1%. Although hourly wage growth rate fell to 0...
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OPEC+ agrees to increase production beyond expectations, countries will receive
Basic news on Monday (July 7, Beijing time), spot gold was trading around $3,330 per ounce. US President Trump‘s tax cut bill cleared the last hurdle in Congress last Thursday. The United States began sending letters to countries last Friday, specifying the ta...
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Non-farm market hikes, and the Fed's expectation of interest rate cuts has chang
On July 4, spot gold traded around $3,330 per ounce, and gold prices fell 1% on Thursday as stronger-than-expected U.S. jobs data consolidated expectations that the Fed would unlikely cut interest rates as previously expected, weakening the attractiveness of g...
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Non-farm farms were unexpectedly strong in June, and the probability of the Fede
On July 4, in the early trading of Asian market on Friday, Beijing time, the US dollar index hovered around 97.01. On Thursday, as strong U.S. employment data dispelled market expectations for the Fed‘s recent interest rate cut, the U.S. dollar index rose shar...
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