After the release of the US PMI data, spot gold rose short-term, and is now 2781.13 US dollars/ounce.
The dollar against the yen USD/JPY continued to decline, falling nearly 50 points in the short term, and is now trading at 155.46.
The market shows that DOGE rose by more than 10% in a short time, and is now trading at $0.38, or is influenced by the fact that the official website of DOGE, the efficiency department of the US government, has been launched, displaying the theme LOGO news of Dogecoin.
Spot gold fell $12 short-term and is now trading at $2,692 an ounce.
January 10 news, the dollar against the yen USD/JPY short-term decline extended to 50 points, now at 157.93. Previously, it was reported that the Bank of Japan is considering raising its core inflation forecast for fiscal years 2024 and 2025. Before the January meeting, Bank of Japan officials are still carefully evaluating the data.
Foreign 1. Bank of America: The dollar may remain strong in the short term, but is expected to weaken in the second half of the year. 2. Deutsche Bank: Central bank gold purchases have a greater influence on the trend of gold prices. 3. Wells Fargo: The Federal Reserve may not place too much emphasis on inflation caused by Trump's tariff policy. 4. Scotiabank: Canada must be ready to escalate its response to Trump's tariff threat. 5. Capital Economics: Inflation is driven by goods rather than se...
Spot gold's short-term decline widened to $13, briefly falling below $2,650 an ounce. Spot silver fell more than $0.2 to $29.82 an ounce.
Analysts are not optimistic about Bitcoin's recent rally and predict that it may usher in another sell-off in the short term, focusing on two supports...
After the US data was released, the dollar index DXY rose nearly 20 points in the short term, now at 108.43; spot gold fell 5 dollars in the short term, now at 2649.7 dollars/ounce.
Non-US currencies generally fell, with the euro falling nearly 30 points against the dollar EUR/USD in the short term, now at 1.0365; the pound against the dollar GBP/USD in the short term fell more than 20 points, falling to 1.25; the dollar against the yen USD/JPY rose 50 points in the short term, now at 158.23.
On January 7th, the short-term decline of spot gold expanded to $10, now at $2644/ounce. The short-term gain of the US dollar index DXY expanded to 30 points, now at 108.52.
Bitcoin fell rapidly in the short term, hitting $99,000/piece, down 3.20% during the day.
Spot gold extended its short-term decline to $10, now at $2,644 an ounce. The dollar index DXY extended its short-term gain to 30 points, now at 108.52.
Gold is still waiting for a strong catalyst, and aggressive directional bets should be avoided in the short term! The dollar's downside may be limited, and there may be a chance of a rebound tonight? The U.S. oil bulls would be wise to start dormant...
FTSE China A50 index futures rose in short-term overnight trading and are now up more than 1%.