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News2025-05-23
USD/Canadian dollar holds steady, weak Canadian data limits declines
The US dollar (USD) continues to be under pressure from widespread macro concerns, including high fiscal deficits, continued high interest rates and rising geopolitical tensions. These structural problems have led investors to gradually turn to other currencie...

News2025-05-23
Gold prices fall below $3,300 after Trump's budget vote
Gold fell about 0.48% on Thursday, failing to hold the $3,300 mark, after reaching a two-week high of $3,345. The strong dollar puts pressure on gold as U.S. Treasury yields fell from daily highs and the House approved Trump‘s budget, which will now be submitt...

News2025-05-23
Mexican peso rose as inflation exceeded expectations, but U.S. risks remain
The Mexican Peso (MXN) strengthened against the US dollar (USD) on Thursday, backed by higher-than-expected inflation data in mid-May. This data prompted investors to reconsider the timeline for further rate cuts by the Bank of Mexico, resulting in increased d...

News2025-05-23
5.23 Analysis of the latest trends of gold and crude oil today and guidance on F
Regarding the recent market rises and falls, repeated over and over again, and frequent long-short conversions, many investment friends are caught off guard, or don’t know where to start, and fall as soon as they buy, rise as soon as they exit, and continue to...

News2025-05-23
The dollar index rebounded, gold fell behind the 3300 mark again
On May 23, in the early trading of Asian market on Friday, Beijing time, the US dollar index hovered around 99.80. On Thursday, after closing down for three consecutive days, the US dollar index rebounded and returned to above the 100 mark for a time, but fail...

News2025-05-23
Dollar Index Struggles, Follow Fed Officials' Speech
On Friday, the US dollar index fluctuated downward. On Thursday, the US dollar index rebounded strongly by 0.3%, and once rebounded above the 100 mark, closing at around 99.94. The economic data on this trading day are relatively small. We will pay attention t...

News2025-05-23
The rise and fall back and the negative and the positive are covered, and the go
Yesterday, the gold market opened slightly higher in the early trading at 3319.6, and the market closed with a position of 3314.7, and then the market rose strongly. The daily line reached the highest position of 3345.5, and then the market fell strongly. The ...

News2025-05-23
Guide to short-term operation of major currencies
From a technical point of view, the US dollar index rose below 100.15 on Thursday and the decline above 99.40 was supported, meaning that the US dollar may maintain an upward trend after a short-term decline. If the US dollar index falls above 99.55 today and ...

News2025-05-23
A collection of positive and negative news that affects the foreign exchange mar
1. Economic data dynamics. The US economic resilience supported the US dollar. The initial value of the US Markit manufacturing PMI rose to 52.3 in May, a three-month high. The initial value of the service industry PMI was 52.3, which also exceeded expectation...

News2025-05-23
U.S. oil tests the $60/barrel mark, global bond market turmoil, gold price 3300
Basic news on Friday (May 23, Beijing time), spot gold trading around 3300.80, and gold prices turned from rising to falling on Thursday, as the dollar strengthened and investors took profit after hitting a two-week high at the beginning of the session. Howeve...

News2025-05-22
UK business recession slows down, analysis of short-term trends of spot gold, si
Global Market Review 1. The three major futures indexes in European and American markets rose and fell, with Dow futures falling by 0.03%, S&P 500 futures rising by 0.15%, and Nasdaq futures rising by 0.24%. The European Stoke 50 index fell 0.62%, the German D...

News2025-05-22
Gold surges and falls and divergence recovers, 3275 top-level stabilization and
Zheng‘s silver point: Gold surges and falls and divergence is restored. Tonight, 3275 is stable and lifting. Review yesterday‘s market trend and technical points: First, in terms of gold: Yesterday‘s gold trend is more in line with technical methods to promote...

News2025-05-22
Manufacturing PMI data in various countries is released in a crowded manner, Eur
XM foreign exchange market: manufacturing PMI data in various countries is released in large numbers, Europe shrinks the United States and expands the XM foreign exchange market: the United Kingdom, Germany, France, the euro zone, the United States, etc., and ...

News2025-05-22
UK CPI data rose sharply in April, with pound hitting a new high in nearly three
XM foreign exchange market: UK CPI data increased sharply in April, and the pound hit a new high in the past three years. XM foreign exchange market: the weak cycle of the US dollar continues, non-US currencies appreciate collectively, and the pound trend is p...

News2025-05-22
The US dollar rose slightly, consumer sentiment continued to deteriorate, and th
Trading activity in financial markets remained relatively calm earlier Thursday as investors were preparing for preliminary data on Purchasing Managers Index (PMI) in Germany, the euro zone, the UK and the United States. The U.S. economic calendar will also re...
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