The market's expectation of a Fed interest rate cut has decreased, and the US dollar rose significantly on Wednesday Gold prices rose for third consecutive trading day
On Wednesday, as the market generally believed that Trump's inauguration would boost the US dollar, the US dollar index rebounded after three consecutive declines as the Trump administration gradually
Market concerns have eased, and the US dollar fell on Tuesday Risk aversion sentiment rebounds, helping gold prices reach a one week high
On Tuesday, the US dollar index continued its downward trend, rising as high as 106.64 during the European session, before giving up all gains in the US session and ultimately closing down 0.41% at 10
US dollar falling consolidation Boosted by risk aversion, gold price returns above $2,610
On Monday, the US dollar index fluctuated and fell, hitting 106.81 at one point during trading and ultimately closing down 0.44% at 106.21.
The demand for safe haven has rebounded, and the US dollar rose slightly last Friday Expectations of Fed interest rate cuts cool, gold prices hit biggest weekly drop in three years
Last Friday, the US dollar index fluctuated and fell during the Asian and European trading periods.
x

WARNING and please be advised:

It has come to our attention that a number of unauthorised firms /individuals have cloned our website content, logo and social media pages of CWG Markets Limited. Please be advised that these unauthorised firms have also been contacting consumers via various messaging apps such as WhatsApp, Facebook, Wechat.It should be noted that there is no connection whatsoever between the CWG Markets Limited, an authorised firm, and the unauthorised entities/ individuals that have cloned our details. If you’ve been scammed or contacted by an unauthorised firm / individuals – or a firm you suspect is not legitimate – you can report to us [email protected]

CFDs (Contract For Difference) are complex instruments and come with a high risk of losing money rapidly due to leverage. Please ensure you fully understand the risks and take appropriate care to manage your own risk. Please read our Risk Disclosure carefully.