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market analysis2025-06-06
US dollar index reversal, gold rides on a roller coaster, Trump and Musk openly
On June 6, in the early trading of Asian market on Friday, Beijing time, the US dollar index hovered around 98.82. On Thursday, the heads of Chinese and US dollars talked on the phone, and the US dollar index reversed V-shaped reversal, but remained below the ...

market analysis2025-06-06
A collection of positive and negative news that affects the foreign exchange mar
1. Macroeconomic data dynamics (I) The number of people who requested initial unemployment benefits in the US economic data rose: the number of people who requested initial unemployment benefits in the US unexpectedly increased to 247,000 in the week of May 31...

market analysis2025-06-06
The dollar index fluctuates, market focus turns to US non-farm employment data
During the Asian session on Friday, the US dollar index fluctuated, and the market began to turn to the upcoming U.S. non-farm employment data and the Federal Reserve‘s policy trends. Major Currency Trend Analysis USD: As of press time, the U.S. dollar index h...

market analysis2025-06-05
Silver once again made up for the rise, driving gold to rise to 3400
Zheng‘s silver point: Silver once again made up for the rise, driving gold to rise to 3400. Review yesterday‘s market trend and technical points: First, gold: yesterday morning, closed up and broke through the middle track of the hourly line, then the retracem...

market analysis2025-06-05
ECB interest rate decisions and U.S. data intensify volatility
Earlier on Thursday, major currency pairs fluctuated in their weekly range. The European Central Bank (ECB) will announce monetary policy decisions, and the U.S. economic calendar will provide data on challenger layoffs in May, the number of first-time unemplo...

market analysis2025-06-05
Shock! Can it still rise? This position is the key!
Gold soon reached 3400, which was emphasized at the beginning of this week, so everyone can stick to it! The key factors driving gold rise at present are not only the muddy waters of Trump‘s tariffs, but also the situation in Russia and Ukraine is currently in...

market analysis2025-06-05
Gold fluctuates at high levels and remains strong, and today's low-live thinking
After gold rose last night, there was no sign of falling back and forth. It has been fluctuating back and forth between the high point 3370-3385, and the center of gravity of the low point is constantly moving upward. It seems that gold is going to wait for a ...

market analysis2025-06-05
USD/JPY weakens, safe-haven yen benefits from weak USD
On Wednesday, the yen (JPY) strengthened against the US dollar (USD) amid a series of economic data releases and rising trade tensions, which contributed to the appreciation of the yen. At the time of writing, the US dollar/JPY has fallen below 143.00, and cur...

market analysis2025-06-05
WTI, stagnating below $63, is under pressure from risk of excess supply and weak
West Texas Intermediate (WTI) prices fell on Wednesday, ending a two-day rise. As of writing, WTI hovered above the 21-day index moving average (EMA) $61.51, down nearly 2% from the intraday high of $63.31, trading at about $62.14 in the U.S. session. The call...

market analysis2025-06-05
"Small non-agricultural" far inferior to expectations, and Trump is angry with P
On June 5, in the early trading of Asian market on Thursday, Beijing time, the US dollar index hovered around 98.75. On Wednesday, the dollar index fell below the 99 mark and returned to a six-week low, eventually closing down 0.42% at 98.813 as weak U.S. econ...

market analysis2025-06-05
USD/CHF fell below 0.82 as sellers regain control of USD decline
The U.S. dollar/Chengfranc fell from its approximately three-day high of 0.8250, and prices fell sharply as the U.S. dollar continued its weakness, after rebounding slightly on Tuesday. At the time of writing, the pair traded at 0.8174, down 0.78%. USD/CHF Pri...

market analysis2025-06-05
Canadian dollar jumps to new highs after Bank of Canada suspends interest rate c
The Canadian dollar rebounded on Wednesday, backed by the Bank of Canada (BoC) to keep interest rates unchanged, after a series of accelerated rate cuts. Investor sentiment in a wide market remains in a downturn due to disappointing U.S. ADP employment data, d...

market analysis2025-06-05
AUD/JPY despite retracement from a 4-day high, retail remains bullish
The Australian dollar/yen erased some of its earlier gains, down 0.20% at the end of Wednesday‘s North American session as U.S. stocks closed in a mixed manner due to poor U.S. economic data. At the time of writing, the pair was traded at 92.73, which had hit ...

market analysis2025-06-05
Australian dollar/USD threatens psychological resistance level as US dollar bull
The Australian dollar (AUD) confidence in the US dollar (USD) on Wednesday was strengthening, and the bull market was actively approaching a key resistance level. At the time of writing, the AUD/USD trades above 0.6493, with a psychological level of 0.6500 com...

market analysis2025-06-05
Guide to short-term operation of major currencies
From a technical point of view, the US dollar index rose below 99.40 on Wednesday and the decline above 98.65 was supported, meaning that the US dollar may maintain an upward trend after a short-term decline. If the US dollar index falls above 98.50 today and ...
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