3.5 trillion directly shrunk to 1.5 trillion
Judging from the latest news, the consultations between the Biden administration and Senator Manchin seem to have gradually come to fruition. The expenditure plan has been cut to around 1.5 trillion yuan, which is quite different from the previous 3.5 trillion yuan,
Looking Forward to the European Central Bank's Interest Rate Resolution
On the evening of Thursday, October 28, the European Central Bank will announce its interest rate decision, and European Central Bank President Lagarde will deliver a speech after the meeting.
Can the castrated expenditure plan still be useful? Hard to say!
On October 24, the President of the US House of Representatives Pelosi said that the Democratic Party of the US Congress has accelerated negotiations in the hope that a compromise can be reached as soon as possible on the trillion-dollar spending bill. Because time has become tighter and tighter
There is good news from the budget bill, what impact will it have on the market?
The latest news came from the market yesterday. The Speaker of the U.S. House of Representatives, Pelosi, said that the budget expenditure plan has made great progress and it is expected that the Democratic Party's expenditure plan will be passed soon.
Central banks of all countries are more radical than the Fed, and the dollar is exhausted?
Recently, the dollar index futures began to fall after climbing to near the September 2020 high, and fell for five consecutive trading days, falling from the highest of 94.57 to the lowest of 93.49, with an amplitude of 1.14%, and closed at 93.72 on Tuesday.
There are countless infighting among American moose. Who will be really unlucky in the end?
Due to the opposition expressed by his party’s West Virginia Democratic Senator Manchin, the most central part of Biden’s climate agenda, the US$150 billion Clean Power Performance Plan (CEPP)
Biden officially signed the debt ceiling bill, what impact will it have on the future?
Precise card Before the default deadline for the US debt ceiling on October 18, Biden signed a bill to raise the debt ceiling, giving the entire market a sigh of relief.
Early warning! Weak ADP warns of non-agricultural employment report
The unexpected weakness of the ADP employment report on Wednesday triggered market speculation that non-agricultural employment data will also be bad, and the U.S. dollar fell against most major currencies
The U.S. dollar suddenly voluntarily falls, is there a hidden risk in the market outlook?
Continue to analyze the dollar index. We can see that the US dollar index showed a turbulent pattern yesterday, the market volatility was not large, and the trend in the hourly chart was relatively flat. There was no phenomenon of multiple back and forth sweeps,
Hedge funds bet heavily, the euro still falls against the dollar
This week, market risk appetite picked up, the dollar index futures trended weak, and the euro rebounded against the dollar. However, the euro has fallen by nearly 4% against the dollar this year. The euro as a whole is still relatively weak.
After the earnings report was released, investors "voted with their feet": Is the internet celebrity Peloton really bad?
The once smashing “home-home” fitness concept has been sought after by consumers and Wall Street with the outbreak of the epidemic. During the period from April to December 2020, the stock has soared by 471.45%, but it has fallen by 24.80% so far this year. The stock closed at $114.09 per share on Thursday.
The Nasdaq broke 15,000 points for the first time, and the mileage is "sorrowful"?
Recently, benefiting from the rebound in market risk appetite, global stock markets have risen one after another, especially US stocks have repeatedly set record highs.
The New Zealand dollar rose by 30 points against the U.S. dollar in the short-term, and the Reserve Bank of New Zealand considered raising interest rates by 50 basis points
On Tuesday afternoon, the short-term gains of the New Zealand dollar against the US dollar expanded to 30 points. Earlier, the Reserve Bank of New Zealand Assistant Chairman Hawkesby said that the Reserve Bank of New Zealand had considered raising interest rates by 50 basis points.
On Monday, where the U.S. dollar is being made, where is the U.S. dollar?
With the U.S. dollar index closing in a shooting star pattern with shadows last Friday, the whole situation becomes very interesting. From the perspective of the daily cycle,
ADP is upset, non-manufacturing PMI is strong, what signal is it sending?
Looking back at yesterday’s U.S. dollar index, the overall trend of the U.S. dollar index was first down and then up. The price volatility was fair, reaching nearly 50 points, which was far more active than the previous two trading days. It will definitely help; from the hourly chart,
The dollar's stalemate is caused by the situation, how to crack it?
The U.S. dollar index has oscillated within a narrow range for two trading days, and the volatility of these two trading days is almost similar, and the daily K-line pattern is also very similar, just like copying and pasting like a mirror image, which is rare for the U.S. dollar index. And this trend actually shows a problem, that is, the US dollar index is really stalemate and lacks clear guidance, so it has fallen into such a strange trend. However, there is still worse news waiting for everyone-that is, the follow-up situation cannot be ruled out. It will become more complicated and stalemate.
After the bottoming fails, the fate of the dollar may be controlled by this data
The US dollar index rebounded from the beginning of June, rising from around 89.5 all the way to a high of 93.19 in July, but since then it seems to have lost its upward momentum, and there has been a continuous decline, currently hovering around 92.
The Fed stands still, but the market does not buy it
First review the trend of the US dollar index yesterday (strictly speaking, it should be the trend of the early morning of yesterday to the early morning of today),
The stalemate market has been opened, and we will pay attention to whether there are new changes today!
It's a dull day, but it's hard to say whether it will turn into a dull market.
Forex market outlook: sleepless night! Powell testimony superimposed on two central bank interest rate decisions
On Tuesday, boosted by the U.S. CPI to a new high, the U.S. dollar rose sharply against all major currencies. Data show that the US CPI rose 0.9% in June, higher than the 0.6% in May, and also higher than the expected value of 0.5%.