The U.S. dollar index returns to 107 points; gold approaches $2,670!

TOPONE Markets | 2024-11-22 09:44

Abstract：Hot spot trackingFed-New York Fed says bank reserves are adequate Goolsby reiterated his support for further rate cuts and was open to moving at a slower pace. Bearish for the dollar.Bank of England M

Hot spot tracking

Fed-New York Fed says bank reserves are adequate Goolsby reiterated his support for further rate cuts and was open to moving at a slower pace. Bearish for the dollar.

Bank of England Monetary Policy Member: A 100 basis point interest rate cut is too radical for me. Good for the pound.

Bank of Japan Governor Kazuo Ueda: The impact of the exchange rate on the economy and prices will be carefully considered. Bullish for the yen.

Product Hot Comment

Forex
ProductYesterday's ChangeYesterday's CloseToday's OpenEUR/USD▼-0.64%1.047451.04751GBP/USD▼-0.49%1.258891.25903AUD/USD▲0.06%0.651340.65143USD/JPY▼-0.52%154.536154.528GBP/CAD▼-0.48%1.759121.75936NZD/CAD▼-0.29%0.818560.81865
📝 Review:On Thursday, the U.S. dollar index extended yesterday's gains as the market expected the FED to cut interest rates less frequently next year. It finally closed up 0.40% at 107.06. The benchmark 10-year U.S. bond yield closed at 4.4250%; the two-year U.S. bond yield closed at 4.3570%.
🕵️ Operation suggestion:USD/JPY 154.124 Buy Target Price 155.828

Gold
ProductYesterday's ChangeYesterday's CloseToday's OpenGold▲0.73%2669.52669.56Silver▼-0.16%30.77530.775
📝 Review:The Ukrainian Air Force said that Russia launched an intercontinental ballistic missile against Ukraine, and the situation between Russia and Ukraine escalated again. Spot gold rose for the fourth consecutive trading day, finally closing up 0.73% at US$2,669.37 per ounce; spot silver closed almost flat, and finally closed down 0.19% at US$30.78 per ounce.
🕵️ Operation suggestion:Gold 2672.12 Buy Target Price 2711.04

Crude Oil
ProductYesterday's ChangeYesterday's CloseToday's OpenWTI Crude Oil▲1.55%70.03870.04Brent Crude Oil▲1.47%73.83173.836
📝 Review:Due to market concerns about the impact of the escalation of the conflict between Russia and Ukraine on crude oil supply, WTI crude oil finally closed up 1.58% at US$70.08/barrel; Brent crude oil closed up 1.66% at US$74.25/barrel.
🕵️ Operation suggestion:WTI Crude Oil 70.077 Buy Target Price 71.606

Indice
ProductYesterday's ChangeYesterday's CloseToday's OpenNasdaq 100▲0.41%20739.5820730.9Dow Jones▲1.05%43886.443882.2S&P 500▲0.57%5947.055946.35▼0.00%17559.317559.3US Dollar Index▲0.38%106.9106.9
📝 Review:The Dow Jones Industrial Average closed up 1.06%, the S&P 500 Index rose 0.5%, and the Nasdaq Composite Index rose slightly. Pinduoduo (PDD.O) fell 10.6%, Nvidia (NVDA.O) rose 0.5%, and MicroStrategy (MSTR.O) fell 16%. The Nasdaq China Golden Dragon Index fell 1%, EHang Intelligence (EH.O) fell 13%, and Alibaba (BABA.N) fell 1.3%.
🕵️ Operation suggestion:Nasdaq 100 20711.400 Buy Target Price 20994.283

Crypto
ProductYesterday's ChangeYesterday's CloseToday's OpenBitCoin▲4.09%97968.298362.2Ethereum▲8.86%3346.73372.8Dogecoin▲1.34%0.383890.38482
📝 Review:Bitcoin has performed strongly recently, with the price continuously breaking through four important prices of US$95,000, US$96,000, US$97,000, and US$98,000, reaching a maximum of US$98,438.9. However, as of press time, the price of Bitcoin has fallen back, falling below the $97,000 mark. In the United States, the size of spot Bitcoin ETFs has grown by nearly $100 billion in the past 10 months.
🕵️ Operation suggestion:BitCoin 98233.4 Buy Target Price 100446.9