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market news2025-08-08
Guide to short-term operation of major currencies
From a technical point of view, the US dollar index rose below 98.50 on Thursday and the decline above 97.90 was supported, meaning that the US dollar may maintain an upward trend after a short-term decline. If the US dollar index falls above 97.90 today and s...

market news2025-08-08
The dollar weakens + the Canadian dollar wait and see, market sentiment turns to
On Thursday (August 7), the dollar-Canadian exchange rate continued to decline, with trading around 1.3730 during the European trading session. The recent weak exchange rate performance is mainly due to the continued downward pressure of the US dollar index, w...

market news2025-08-08
The pound 1.34 defense line sounds the "air raid alarm", and the "hawkish rebell
On Thursday (August 7), at 19:00 Beijing time, the Bank of England (BoE) announced its latest interest rate resolution, lowering the benchmark interest rate from 4.25% to 4% with a thrilling vote of 5 to 4. This is the fifth rate cut in a year since August 202...

market news2025-08-08
The Bank of England has a pigeon in the eagle. What is the warning sign behind t
The Bank of England announced that it would cut the benchmark interest rate by 25 basis points to 4%. Although the rate cut is in line with market expectations, its statement is hawkish, suggesting limited room for easing in the future. The central bank is hig...

market news2025-08-08
Tariffs in the United States and Japan may escalate, the Bank of Japan, the Fede
XM Foreign Exchange APP News - On Thursday (August 7), the US dollar bottomed out against the Japanese yen and rebounded, with trading around 147.23, a drop of -0.09%; during the session, Fed officials released dovish guidance, and Trump said that he would fir...

market news2025-08-07
Global stock market storm is coming, analysis of short-term trends of spot gold,
Global Market Review 1. European and American market trends. The three major U.S. stock index futures rose, Dow futures rose 0.54%, S&P 500 futures rose 0.61%, and Nasdaq futures rose 0.74%. The German DAX index rose 1.73%, the UK FTSE 100 index fell 0.71%, th...

market news2025-08-07
Gold is about to break through 3400
When the price rise faces pressure, it may temporarily stagnate or there may be adjustments, but it is not a reason for no longer rising, especially the current gold price performance. There will be a "pause" every time the rise encounters a technical pressure...

market news2025-08-07
Limited time 7 days|Trade gold, cost reduction by 30%! Dual benefits limited tim
The price of gold has not changed, but your transaction cost can be directly reduced by 30%? This summer, XM brings you the dual benefits of gold trading, allowing you to easily seize market opportunities and reduce the cost of each transaction. Benefit 1: Spr...

market news2025-08-07
Chinese live lecture today's preview
During the repeated market fluctuations, do you often miss the opportunity to enter? Mastering the continuation and adjustment rhythm behind the trend may open up a new perspective for your trading. The power of continuation represents the trend is still exten...

market news2025-08-07
Gold, the correction is completed and it continues to be more!
The Beginning of Autumn, what a harsh solar term. I was still suffering in the high temperature of forty degrees, but I unknowingly entered autumn. The rainy season in the central region is finally coming, but the northwest is about to welcome autumn tigers. W...

market news2025-08-07
Practical foreign exchange strategy on August 7
USD Index: The USD index rose below 98.85 on Thursday and the decline above 98.10 was supported, meaning that the USD may maintain an upward trend after a short-term decline. If the US dollar index falls above 97.90 today and stabilizes, the target of future m...

market news2025-08-07
Trump announces about 100% tariffs on chips, U.S., Russia and Ukraine leaders ho
On August 7, spot gold trading was around $3,370 per ounce, gold prices fell on Wednesday, investors took profit after hitting their highest in nearly two weeks on the previous trading day. At the same time, the market focus turned to the upcoming nomination o...

market news2025-08-07
Profits of $15 billion evaporated! Global companies are in a "tariff storm"
In the summer of 2025, a tariff storm caused by the Trump administration is causing storms in the global business community. According to Reuters‘ global tariff tracking, global companies that have released financial reports this quarter have estimated that th...

market news2025-08-07
The "Season 2" of the two parties in the United States begins!
Recently, Trump and Senate Democratic leader Schumer failed to confirm an agreement on the executive nominee. Behind this deadlock is the nearly broken relationship between the two sides. Since Trump took office, the two have not had a formal one-on-one meetin...

market news2025-08-07
Can the pound/USD try to rebound, can it break through the resistance ahead?
The GBP/USD exchange rate begins a new round of decline below the 1.3450 level. Before the bulls entered the market, GBP/USD fell below 1.3250. Judging from the 4-hour chart, the pair tested the 1.3140 level and stabilized below the 100-period average and 200-...
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