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News2025-10-30
Powell pours cold water on expectations for December rate cut
On October 30, during the Asian market on Thursday, spot gold was trading around US$3,950 per ounce. Gold prices sharply narrowed their gains on Wednesday. Although the Federal Reserve announced a 25 basis point interest rate cut as expected by the market, the...
News2025-10-30
Short-term operation guide for major currencies on October 30
From a technical point of view, the U.S. dollar index‘s rise on Wednesday was blocked below 99.35, and its decline was supported above 98.60, which means that the U.S. dollar is likely to maintain an upward trend after a short-term decline. If the U.S. index f...
News2025-10-30
10.30 Gold fluctuates sharply, selling high and buying low during the day remain
Your profits come from other people‘s losses. In other words, when someone makes a mistake, profits will appear in the market that can be earned, but you cannot calculate or predict how many people will make a mistake next, or how big of a mistake they will ma...
News2025-10-30
Pay attention to the rhythm, gold will continue to retreat in the short term!
There is support to go north, and there is a reason to go south! The Federal Reserve cut interest rates by 25 basis points as scheduled, which was in line with market expectations and was positive for the gold market. The overall tone of the Federal Reserve me...
News2025-10-30
Foreign exchange practical strategy on October 30
U.S. dollar index: The U.S. dollar index‘s rise on Wednesday was blocked below 99.35, but its decline was supported above 98.60, which means that the U.S. dollar is likely to maintain an upward trend after a short-term decline. If the U.S. index falls and stab...
News2025-10-30
The U.S. government shutdown continues! The tide of wage cuts has not yet subsid
The U.S. government shutdown has entered its 28th day, and Republican and Democratic lawmakers are still deadlocked in seeking a government funding solution, unable to end what has become the second-longest government shutdown in U.S. history. The Senate rejec...
News2025-10-30
Gold rebounded slightly before the Federal Reserve decision, but the adjustment
Gold prices rebounded from an intraday low of $3,916 during Asian trading on Wednesday, temporarily breaking away from three-week lows. The market generally believes that the Federal Reserve will announce a 25 basis point interest rate cut at its meeting later...
News2025-10-30
With the Fed’s interest rate decision imminent, USD/JPY again tests previous hig
The Japanese yen (JPY) retreated from a one-week high during Wednesday‘s Asian trading session, but losses were limited. Market analysts believe that the Bank of Japan may suspend its tightening policy in order to cooperate with the fiscal expansion plan propo...
News2025-10-30
The U.S. dollar index rebounded slightly, waiting for the Fed’s interest rate de
The U.S. dollar index (DXY) rebounded to around 98.90 during Asian trading on Wednesday, ending two consecutive days of losses. Investors adjusted their positions before the Fed‘s interest rate decision was announced, pushing the dollar to stabilize in the sho...
News2025-10-30
Gold is still weak after rising higher and falling back, and the early rebound c
Gold digested the Fed‘s interest rate cut expectations in advance yesterday. Gold and other data quickly surged and fell back. Gold bulls are still short-lived. The overall rhythm of gold continues to be bearish and volatile. Gold‘s early rebound continues to ...
News2025-10-30
Slowing UK food inflation raises expectations of policy easing, and pound contin
GBP/USD continued its decline during the Asian session on Wednesday, falling to around 1.3230. The main reason for the weakness of the pound is that the latest data from the British Retail Consortium (BRC) shows that British food prices have fallen at the fast...
News2025-10-30
There is internal strife in the Japanese government, internal divisions in the c
On Wednesday (October 29), the U.S. dollar against the yen fluctuated widely after falling on Tuesday, and is currently trading around 152.17. The market is increasingly divided before the U.S. and Japanese central banks are about to announce interest rate dec...
News2025-10-30
The Federal Reserve cut interest rates by 25 basis points as scheduled, and the
On October 30, in early trading in Asia on Thursday, Beijing time, the U.S. dollar index hovered around 99.03. In the early hours of Thursday morning, Federal Reserve Chairman Powell suppressed market expectations for another interest rate cut in December. The...
News2025-10-30
Gold’s rally continues! LBMA survey predicts gold will test $5,000 within 12 mon
After severely underestimating the potential of gold for two consecutive years, market participants are catching up - judging from the sentiment conveyed at the 2025 London Bullion Market Association (LBMA) Global Precious Metals Conference, the industry expec...
News2025-10-30
Dollar index holds steady ahead of Fed meeting, markets brace for volatility
During the European trading session on Wednesday (October 29), the U.S. dollar index (DXY) is currently trading around 98.858. The price first declined and then rose. It once fell to around 98.62 in early trading, and then rebounded. It rose to an intraday hig...
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