News and Information

  On Tuesday (August 5), the exchange rate of the British pound against the US dollar (GBP/USD) fluctuated in a narrow range around 1.3280, continuing the previous sideways pattern as a whole. As the Bank of England is about to announce its latest interest rate decision on Thursday, the US ISM...

  The latest non-farm payrolls data released by the United States came as a surprise. Only 22,000 jobs were added in August, far below market expectations. The weak jobs report was like a thunderbolt, igniting investors' concerns about the slowdown in the US economy.

  On Tuesday (September 2) in early European trading, the EUR/USD ended the triple positive, and the intraday exchange rate fell from near the 1.17 line. The latest price fluctuated at 1.1630, which has cooled significantly compared to the high near 1.1735 on Monday. Market...

  If traders can make more accurate predictions about Forex based on their trades and decisions, then the possible risks and returns are always predictable. Forex forecasting is just one way to follow the ever-changing Forex market. Success will depend more on what and who will influence the exchange rate.

  A friend asked me, do amateur foreign exchange traders have a future? If amateur means doing a job and then doing trading in my spare time, in my personal experience, there is little hope. Forex trading requires time accumulation and repeated training, which when...

  After a careful summary, the foreign exchange treasure team of Bank of Communications believes that foreign exchange treasure trading has obvious time characteristics. Mastering these characteristics and making full use of them will enable you to trade foreign exchange treasure with twice the result. 1. The market at 5-14 o'clock every day from Monday to Friday is generally extremely...

  The Employment Report, which includes employment-related information, is derived from two separate surveys, the Business Survey and the Household Survey. Among them, the Business Survey provides information on the non-agricultural sector...

  The forward foreign exchange rate, also known as the forward exchange rate, is the exchange rate used by the two parties to reach a foreign exchange buying and selling agreement and agree to carry out the actual delivery of foreign exchange at a certain time in the future. Forward foreign exchange buying and selling far...

  The first step: When trading, it is inevitable to worry about losing money after buying. In fact, even high-probability judgments made by trading experts also have such expectations. This situation is inevitable, but the terrible thing is not that you lose money after buying, but that there is no control.

  The Federal Reserve announced that it will reduce the size of the final bond purchase 15 billion dollars and end QE3 from November. Judging from a series of data released so far, the US economy is in good condition, the dollar still has a strong foundation for the future, and gold will continue to suffer.

  The current foreign exchange market is also the global foreign exchange market, because the global time difference connects the business hours of foreign exchange markets around the world to form 24-hour uninterrupted transactions, thus forming a unified market. The main markets are:...

  The US producer price index (PPI) released on Wednesday (September 10) fell to 2.6% year-on-year, lower than the 3.3% in July and the 3.3% expected by the market; the core PPI fell to 2.8% year-on-year, and the monthly rate was unexpectedly -0.1%.

  On Tuesday (September 9), the price of gold extended its record rally, boosted by market expectations that the United States is about to cut interest rates in September. According to the CME Federal Reserve Watch tool, traders believe that the Federal Reserve will cut interest rates in September...

  In the past five trading days, U.S. crude oil (WTI) has fluctuated downward, with a cumulative decline of more than 5%. On Monday, it rebounded by more than 2% during the session, and then gave up most of its gains. On Tuesday (September 9), the Asian session held steady at around $62.40/barrel, and the market was optimistic about...

  On Tuesday (September 9), the Australian dollar/US dollar gradually rose, although there were ups and downs during the period, but the upward trend was more obvious. Prices accelerated upward in the afternoon, reaching a maximum of around 0.6619. As market participants await the upcoming release of US consumer inflation...