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News2025-04-29
Even if the Bank of Japan shows more caution, MUFG believes there is still room
Temporary improvements in global investor risk sentiment have led to poor performance in the past week, along with other traditional safe haven currencies, Swiss franc. The result is that the US dollar/JPY rebounded to the 144.00 level, after briefly falling b...

News2025-04-29
The Australian dollar/USD is unstable around 0.6400, and the economic data of th
During the European trading session on Monday, the AUD/USD pair rebounded initial losses and turned to remain flat around 0.6400. The Australian dollar pair trades seem hesitant as investors await a series of U.S. economic data and Australian Consumer Price In...

News2025-04-29
The euro maintains gains after the European session, supported by bullish signal
After Monday‘s European session, the EUR/USD was seen trading in the middle of the 1.13/1.14 range, maintaining the positive tone of the day, with a slight increase. Although the Relative Strength Index (RSI) maintains a neutral position and the moving average...

News2025-04-29
GBP/USD rises and hovers around 1.3400 as dollar weakness
The pound started well this week and is expected to close strongly in April as the dollar continued to weaken and risk appetite improved, with the pound rising 0.65%. As of press time, GBP/USD was trading around 1.3400, after rebounding from a daily low of 1.3...

News2025-04-29
Euro/GBP remained neutral at the beginning of the week
After the end of the European session on Monday, the Euro/GBP pair was observed to trade around the 0.85 area, with a decline earlier. The pair fell slightly, and remained neutral overall, still within today‘s trading range. Technically, the Relative Strength ...

News2025-04-29
USD/CHF weakens against Swiss franc under bearish pressure
During Monday‘s trading session, the USD/CHF was observed trading near the lower end of the intraday range, hovering at the 0.82 area, with a drop of nearly 0.5%. The pair continues to face overall bearish sentiment, and the performance of technical indicators...

News2025-04-29
Gold prices rise as recession fears rise and market sentiment is sluggish
Gold prices resumed their uptrend Monday after erasing some earlier losses, after precious metals hit a daily low of $3,268. A shift in market sentiment boosted morale among gold buyers, pushing gold/USD up 0.55% to trade at $3,338. Wall Street erased early ga...

News2025-04-29
The US dollar index fell, and Trump suddenly reported that he would "reduce" tar
On April 29, in the early trading of Asian market on Tuesday, Beijing time, the US dollar index hovered around 99.09. On Monday, the US dollar index fell, falling below the 99 mark at the end of the trading session, and finally closed down 0.687% at 98.93. U.S...

News2025-04-29
The US dollar index hovers around 99, the market is waiting for US data
In the Asian session on Tuesday, the U.S. dollar index hovered around 99.08, and on Monday the U.S. dollar index fell 0.7% to close at 98.91, the lowest closing price in the past four trading days. The dollar index has fallen 4.89% in April so far, and the dol...

News2025-04-29
Short-term operation guide for major currencies on April 29
From a technical point of view, the US dollar index rose below 99.85 on Monday and the decline above 98.90 was supported, meaning that the US dollar may maintain a downward trend after a short-term rise. If the US dollar index rises below 99.60 today and encou...

News2025-04-29
The bottom-stripping hammer head needs to rebound, and gold and silver retraceme
The gold market opened higher at 3330.5 yesterday and the market fell first. The daily line was at the lowest point of 3267.7 and then the market rose strongly. The daily line reached the highest point of 3353.2 and then the market consolidated. The daily line...

News2025-04-29
A collection of positive and negative news that affects the foreign exchange mar
The following is a highlight of the positive and negative news that affected the foreign exchange market on April 29, 2025: negative news related to the US dollar: Poll results released by US media on the 27th showed that Trump‘s approval rating hit the lowest...

News2025-04-29
Oil prices fell by more than 2%, and the market showed low buying. Gold prices r
Basic news on Tuesday (April 29, Beijing time), spot gold trading was around 3336, and gold prices reversed the decline and rose on Monday, as low buying, the market focused on trade development and a series of economic data; US crude oil trading was around 61...

News2025-04-29
Is the "gold copy" of euro traders coming?
XM Forex APP News - On Monday (April 28), the euro against German Treasury bonds have always been the first choice for safe-haven funds in the world due to their AAA rating and euro zone benchmark status. On April 28, the 10-year yield of German bonds rose sli...

News2025-04-28
Trump questioned the Federal Reserve's policy, analysis of short-term trends of
Global Market Review 1. European and American market trends The three major U.S. stock index futures fell. Dow futures fell 0.06%, S&P 500 futures fell 0.12%, and Nasdaq futures fell 0.07%. The German DAX index rose 0.52%, the UK FTSE 100 index rose 0.11%, the...
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