At the end of the Asian market on Monday (October 16), the US dollar index fell slightly, and the current price is in a stage of gradual correction.
On Friday, the escalation of conflict in the Middle East sparked risk aversion in the market, but with the dollar index already high and dovish signals from several Fed officials, it ended up only 0.16% at 106.68.
Malaysia, October 10, 2023 - Today, OTFX, a leading international forex trading brand, announced the imminent arrival of their highly anticipated trading platform to the Malaysian market
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Malaysia, October 10, 2023 - Today, OTFX, the world's leading foreign exchange trading platform, announced its official debut, providing global investors with the means to explore new market opportunities
As the financial markets continue to evolve and new trading platforms emerge, OTFX is making a name for itself in the trading world with its unique and innovative trading advantages
The situation of the Israeli-Palestinian war is becoming increasingly fierce The US dollar and gold are advancing rapidly
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Before the U.S. government's crop outlook was released last week, speculators decided to abandon their short positions in corn trading in Chicago.
According to its most recent consumer expectations report, the findings suggest a slight increase in inflation expectations for August. The report reveals a modest rise in forecasts for both the next 12 months (from 3.4% to 3.5%) and the following three years (increasing from 2.4% to 2.5%).
Geopolitical Tensions Propel Gold Price Rally
WCG Markets:2023-10-16
Index / Stocks / Crypto / Metals / Commodity & Futures / Forex
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
At the end of the Asian market on Friday (October 13), the US dollar index rose significantly yesterday due to the impact of US CPI data.
The dollar index rose higher and returned above the 106 mark to close up 0.86% at 106.59 after Thursday's unexpected pickup in CPI data reinforced market expectations of a "higher for longer" Fed and one more rate hike this year.
First, it is necessary to provide a concise summary of the key economic data for this week. It is important to note that if you are engaged in trading gold or oil during this particular week, these fundamental factors have the potential to influence the accuracy of technical forecasts.
According to reports, Lido Finance, a protocol for Ethereum staking, has recorded twenty instances of slashing involving validators under the administration of Launchnodes. These slashing events were a result of infrastructure and signer configuration issues. The incident occurred on October 11th at approximately 3:30 pm UTC. Lido has informed that the validator nodes of Launchnodes are currently inactive, and slashing has been halted until a thorough investigation into the root cause is conducted.