Investors' profit-taking hit the US dollar; focus shifts to non-farm payrolls.

Last Friday, the US dollar index continued to decline and ultimately closed down 0.31% at 108.92. However, due to market expectations that the US economy will continue to perform better than other major economies this year and that US interest rates will remain relatively high
CWG Markets | 87 ngày trước

Last Friday, the US dollar index continued to decline and ultimately closed down 0.31% at 108.92. However, due to market expectations that the US economy will continue to perform better than other major economies this year and that US interest rates will remain relatively high, the US dollar index still achieved its strongest weekly performance in nearly three weeks. The benchmark 10-year US Treasury yield closed at 4.6020%; The two-year US Treasury yield, which is more sensitive to monetary policy, closed at 4.2870%. On January 6th Beijing time, spot gold traded around 2639.80, as the market prepared for possible economic and trade changes under US President elect Trump's administration. US crude oil traded around $74.15 per barrel, with oil prices benefiting from cold weather in Europe and the US, as well as hopes of more economic stimulus measures from major Asian countries. Meanwhile, the market awaited this week's US non farm payroll data.

Cơ quan quản lý: FCA (UK), VFSC (Vanuatu), FSCA (South Africa)
read more
ATFX Market Outlook 4th April 2025

ATFX Market Outlook 4th April 2025

U.S. President Donald Trump's comprehensive tariffs have sparked concerns about a full-scale trade war and global economic recession, leading to a massive drop in Wall Street indices on Thursday, marking the largest single-day percentage decline in years. All three major U.S. stock indices fell significantly, with the Nasdaq down 5.97%, marking its biggest single-day drop since March 2020
ATFX | 36 phút trước
Dollar and stocks sink as Trump unleashes ‘Liberation Day’

Dollar and stocks sink as Trump unleashes ‘Liberation Day’

Trump announces reciprocal tariffs: no country spared. Global recession fears as EU, China and Japan hit hard. Major escalation in trade war sparks selloff in risk assets and US dollar. US futures plunge by more than 3%, but gold rally runs out of breath.
XM Group | 17h 45phút trước
GBP/USD Hits 21-Week High: The Pound Outperforms Its Peers

GBP/USD Hits 21-Week High: The Pound Outperforms Its Peers

The GBP/USD pair climbed to 1.3064 on Thursday, marking a 2.46% gain over the past four weeks and a 2.87% increase against the US dollar over the last 12 months. The British pound continues to strengthen, outperforming many of its major counterparts.
RoboForex | 18h 34phút trước