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market news2025-10-29
An interest rate cut was announced tonight, and gold took the opportunity to hit
Zheng‘s point of view: An interest rate cut was announced tonight, and gold took the opportunity to hit the bottom and quickly counteract the rise. Review yesterday‘s market trends and technical points: First, gold: Yesterday morning at 21 o‘clock, a long shad...
market news2025-10-29
The U.S. dollar index remains below the 99 mark, and the focus turns to the poli
The U.S. dollar (USD) stabilized midweek as financial market trading calmed down on October 29 as investors prepared for a major central bank announcement. Later in the day, the Bank of Canada (BoC) and the Federal Reserve (Fed) will release monetary policy de...
market news2025-10-29
The Fed & ECB interest rate decisions are coming!
In the Asian market on Tuesday, investors focused on the upcoming Federal Reserve interest rate decision, and the U.S. dollar index remained volatile. As of now, the U.S. dollar is quoted at 98.90. Overview of foreign exchange market fundamentals: The U.S. gov...
market news2025-10-29
Continue to look at adjustments in the short term, early morning resolution is t
Today and tomorrow, gold will usher in a change of trading nodes, whether it will reach 3680, 850 in one step, or it will turn upward and start a new rise. Then the Federal Reserve rate decision and Powell‘s speech early Thursday morning are very important. As...
market news2025-10-29
Foreign exchange practical strategy on October 29
U.S. dollar index: The U.S. dollar index‘s rise on Tuesday was blocked below 98.95, and its decline was supported above 98.55, which means that the U.S. dollar is likely to maintain a downward trend after a short-term rise. If the U.S. index‘s rise today encou...
market news2025-10-29
GBP/JPY fails to test previous high, may adjust in the short term
GBP/JPY fell early in Asian trading on Tuesday, ending a three-day rebound, with the exchange rate falling from a high of 204.25 to below 203. The change in market sentiment was mainly driven by policy signals from Japan. In his speech, Japanese Economic Minis...
market news2025-10-29
Yen bulls have launched a counterattack, will the Japanese government "take acti
On Tuesday (October 28), the U.S. dollar fell significantly against the Japanese yen, currently down about 0.68%, and trading around 151.83. Remarks by Japanese Economy Minister Shigeki Kiuchi sparked speculation that the government might intervene to prevent ...
market news2025-10-29
AUD/USD FX signals, bullish ahead of Fed decision
During the European trading session on Tuesday (October 28), the Australian dollar against the US dollar mainly fluctuated during the day. With trade tensions easing recently and traders awaiting key events in the United States and Australia, the AUD/USD pair ...
market news2025-10-29
Palm oil fell to a twelve-week low, who is driving the supply and demand logic?
On Tuesday (October 28), the main palm oil contract on Bursa Malaysia Derivatives Exchange closed at 4,315 ringgit/ton, down 1.33% in a single day, setting a new low in the past 12 weeks. After falling for three consecutive days, the market‘s weakness has beco...
market news2025-10-29
Gold prices hit three-week low, will bulls enter the market at the 50-day moving
Spot gold fell sharply during the European trading session on Tuesday (October 28), with an intraday drop of more than 2%, hitting a three-week low. Gold prices fell below a key technical level as traders shifted from safe-haven assets to risk assets as trade ...
market news2025-10-29
The secret war on oil prices escalates! The global energy landscape is being res
On Tuesday (October 28) during the Asia-Europe time period, the US crude oil December futures contract rebounded slightly after bottoming out. It once fell to -2.2% during the session and then rebounded slightly. It is currently trading at 60.59, with the decl...
market news2025-10-29
The Federal Reserve's interest rate decision makes a grand debut. Can it help go
Gold‘s Federal Reserve interest rate decision makes a major debut. Can gold bulls counterattack? Gold is actually still in the rebound and repair market after oversold. It is too early to directly say that gold bulls have reversed. If gold bottoms out and rebo...
market news2025-10-29
10.29 Gold and crude oil market rise and fall trend analysis and latest long and
There are always four levels in the investment market: preserving principal, controlling risks, earning income, and long-term stable and sustained profits. Don‘t decide the outcome based on one day‘s winning or losing. Whether making money is accidental or ine...
market news2025-10-29
Short-term operation guide for major currencies on October 29
From a technical point of view, the US dollar index‘s rise on Tuesday was blocked below 98.95, and its decline was supported above 98.55, which means that the US dollar may maintain a downward trend after a short-term rise. If the U.S. index‘s rise today encou...
market news2025-10-29
The U.S. dollar index remains volatile as Trump attacks Powell again
On October 29, in early trading in Asia on Wednesday, Beijing time, the U.S. dollar index hovered around 98.64. On Tuesday, investors focused on the upcoming Federal Reserve interest rate decision, and the U.S. dollar index remained volatile, eventually closin...
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