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News2025-07-17
The dollar strengthens as inflation data, the euro is dragged down by French pol
XM Forex APP News - On Wednesday (July 16), the euro/dollar continued its decline after the release of the latest U.S. inflation data, with an intraday report of 1.1600, a new low since the end of June. Yesterday, the US Consumer Price Index (CPI) report showe...

News2025-07-17
The US dollar index plunged during the session, and TACO trading appeared again!
On July 17, during the Asian session on Thursday, spot gold trading was around $3,340.88 per ounce. Gold prices rose sharply on Wednesday after reports that U.S. President Trump planned to fire Fed Chairman Powell, but the price increase narrowed after Trump d...

News2025-07-17
Practical foreign exchange strategy on July 17
USD Index: The USD index rose below 98.95 on Wednesday and the decline above 97.70 was supported, meaning that the USD may maintain a downward trend after a short-term rise. If the US dollar index rises below 99.00 today and encounters obstacles, the target of...

News2025-07-17
Gold rose last night's risk aversion and the market structure has changed!
The gold market last night was quite exciting. In the middle of the night, Trump claimed to fire Powell. After the news came out, this caused gold to soar by more than 50 US dollars in a short period of time, but the market was only manipulated by emotions in ...

News2025-07-17
Gold bulls flicked a shot and 3367 fell and harvested, and the early rebound con
Gold was very exciting last night. Gold rose sharply after the news that Trump was going to fire Powell. The reason was on the one hand, it was risk aversion, and on the other hand, the market believed that after the firing of Powell, the Fed‘s interest rate c...

News2025-07-17
7.17 Gold surges and falls back and returns to the oscillation zone, selling hig
Market game profits come from mistakes, survival depends on self-discipline, and your profits often come from the losses of others. Every price fluctuation is hidden in the judgment deviations of market participants and the decision-making mistakes. However, w...

News2025-07-17
7.17 Analysis of the latest market trend of gold rising and falling, and suggest
Only those who save yourself can save others. What is difficult is not how you make a profit every day, but how to solve it when you are in adversity. People’s will will be shaken with the passage of time and the influence of objective things. You must seek in...

News2025-07-17
150 small countries face 10% or 15% tariffs
On July 17, in the early trading of Asia on Wednesday, Beijing time, the US dollar index hovered around 98.44. On Wednesday, rumors that Trump would fire Powell triggered market turmoil, and the US dollar index plunged in the session and finally closed down 0....

News2025-07-17
Guide to short-term operation of major currencies on July 17
From a technical point of view, the US dollar index rose below 98.95 on Wednesday and the decline above 97.70 was supported, meaning that the US dollar may maintain a downward trend after a short-term rise. If the US dollar index rises below 99.00 today and en...

News2025-07-17
Silver's mild PPI data supports silver/USD, bullish momentum continues
Silver prices (silver/USD) remained firm on Wednesday around $38.00, supported by lower-than-expected U.S. Producer Price Index (PPI) data in June. As of press time, the metal was trading at about $37.90 per ounce. Silver prices responded bland after the lates...

News2025-07-17
AUD/USD weakens as U.S. dollar rises to approach 0.6500, despite weak producer p
The Australian dollar (AUD) fell for the fourth straight trading day against the US dollar on Wednesday, under pressure from the strengthening of the dollar. The U.S. Producer Price Index (PPI) data is lower than expected, but the dollar is still rising, with ...

News2025-07-17
GBP/USD rises as U.S. producer price index falls and Trump may remove Powell fro
The pound/dollar reverses its trend as the latest U.S. producer price index (PPI) reignites hopes of a Fed rate cut, while headlines suggest Trump may fire Fed Chairman Powell. Meanwhile, inflation on the UK consumer side exceeded expectations, which surprised...

News2025-07-17
Euro/USD rebounds as trade negotiations and Fed independence attract attention
On Wednesday, the euro (EUR) strengthened against the US dollar (USD), and traders turned their focus to concerns about the possibility of Fed chairman Jerome Powell being replaced. After five consecutive days of decline, the EUR/USD hit an intraday low of 1.1...

News2025-07-17
Euro/USD rebounds as trade negotiations and Fed independence attract attention
On Wednesday, the euro (EUR) strengthened against the US dollar (USD), and traders turned their focus to concerns about the possibility of Fed chairman Jerome Powell being replaced. After five consecutive days of decline, the EUR/USD hit an intraday low of 1.1...

News2025-07-17
Euro/USD gains momentum after Trump hints to fire Fed Chairman Powell
The euro rose against the dollar on Wednesday, with the euro/dollar surged to 1.1721 after U.S. President Donald Trump asked a group of House Republicans whether they should fire Fed Chairman Jerome Powell. The news triggered a sharp sell-off in the U.S. dolla...
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