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News2025-07-02
Practical foreign exchange strategy on July 2
USD Index: The USD index rose below 96.95 on Tuesday and the decline above 96.35 was supported, meaning that the USD may maintain a downward trend after a short-term rise. If the US dollar index rises below 97.10 today and encounters obstacles, the target of f...

News2025-07-02
Gold fluctuated at a high level, and the decline in the morning was still long!
The trend of gold in the second half of the night was as expected. It began to peak and fall after not standing firmly last night at 3350. The current market trend is comparable to our expectations. It only fell slightly at a high level and did not form a larg...

News2025-07-02
Euro/USD falls after hitting multi-year highs, U.S. data boosts U.S. dollar
The euro (EUR) against the US dollar (USD) fell slightly in U.S. trading on Tuesday, after briefly breaking the 1.180 mark earlier in the day, reaching its highest level since September 2021. The euro is backed by signs of stable inflation in the euro zone, st...

News2025-07-02
GBP/USD fell from three-year high as the Bank of England turned dovish and U.S.
The GBP (GBP) against the US dollar (USD) lost its position after hitting a three-year high of 1.3788, just one step away from the 1.3800 mark. Economic data from the United States and dovish remarks from the Bank of England (BoE) Governor Bailey put downward ...

News2025-07-02
Silver/USD parallel channels remain bullish, but momentum weakens
Silver (XAG/USD) hovered around $36.20 on Tuesday’s U.S. session, with a narrow trading range as bulls breathed a little after a strong rebound after June metal prices hit multi-year highs. Since then, the price movement has turned sideways, reflecting the con...

News2025-07-02
Gold prices soar above $3,340 driven by strong dollar, as traders pay attention
Gold prices rose more than 1%, as the dollar took back some of its early losses, causing the dollar index (DXY) to fall to a three-year low. Meanwhile, the U.S. Senate passed Trump‘s tax cut bill, which is ready to be submitted to the House of Representatives ...

News2025-07-02
WTI, up, follow up on the upcoming API report
West Texas Intermediate (WTI) rebounded slightly on Tuesday, with traders continuing to pay attention to supply and demand trends. WTI crude oil trading was close to $65.00, with an intraday increase of nearly 1% when writing. As the U.S. crude oil benchmark c...

News2025-07-02
Canadian dollar sells ups as the Canadian dollar market is thin due to holidays
The Canadian dollar (CAD) cut its early gains on Tuesday as Canadian dollar traders took a break from the Canadian National Day holiday, causing their recovery dollar (USD) to fall back. The rest of the week will be volatile and short-lived as U.S. non-farm em...

News2025-07-02
EUR/USD stalled around 1.1780 as U.S. tax bills and yields limit gains
On Tuesday, the euro/dollar traded almost unchanged during the North American session, reaching a years-long high of 1.1830 before falling below the 1.1800 level. U.S. President Donald Trump‘s "A Beautiful Big Act" has been approved, and rising U.S. Treasury y...

News2025-07-02
USD/CHF remains stable, Trump's tax bill passes the Senate, while hammer line si
The Swiss Franc (CHF) remained stable against the US dollar (USD) after hitting a new year low on Tuesday. As of press time, USD/CHF was trading above 0.7900, and the price continued to approach its lowest level since September 2011. The dollar‘s pressure inte...

News2025-07-02
The dollar index has stabilized temporarily, Powell does not rule out the possib
On July 2, in the early trading of Asia on Wednesday, Beijing time, the US dollar index hovered around 96.68. On Tuesday, the US dollar index fell first and then rose, and fell nearly 96 mark during the session, and then rebounded before the US session, but fa...

News2025-07-02
7.2 Analysis of the latest trends of gold and crude oil and today's exclusive op
The same market, different guidance, different life. The characteristic of novices is that they do not understand technology and enter the market blindly. They only consider one issue each time they trade: they think that as long as they predict the market‘s r...

News2025-07-02
Short-press the big sun to make your head and shoulders, short-short the gold an
Yesterday, the gold market continued the pull-up process of bottoming out on Monday. After the opening at 3303 in the morning, the market slightly fell back and gave the position of 3301.8, and then the market rose strongly. When the daily line reached the hig...

News2025-07-02
Trump's tax cut bill stimulates buying, US dollar rebounds slightly, pay attenti
During the Asian session on Wednesday, the US dollar index fluctuated around 96.69. The US dollar‘s position as a global reserve currency has recently sparked widespread discussion, which also has a profound impact on the gold market. At the annual meeting of ...

News2025-07-02
Guide to short-term operation of major currencies on July 2
From a technical point of view, the US dollar index rose below 96.95 on Tuesday and the decline above 96.35 was supported, meaning that the US dollar may maintain a downward trend after a short-term rise. If the US dollar index rises below 97.10 today and enco...
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