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Sommario:Due to market expectations that the data on newly added jobs in the United States may significantly decrease in the early stage, the US dollar weakened against a basket of currencies on the 20th.
Due to market expectations that the data on newly added jobs in the United States may significantly decrease in the early stage, the US dollar weakened against a basket of currencies on the 20th. The US dollar index slightly fell in the overnight market and continued to decline on the same day. At the end of the day, the US dollar index fell significantly. The US dollar index, which measures the US dollar against six major currencies, fell 0.44% on the day and closed at 101.441 at the end of the foreign exchange market.
The gold price continued its record high on Tuesday, hitting a new historical high of $2531.58 per ounce and closing at $2513.88 per ounce, holding above the key level of $2500, aided by the weakening of the US dollar hitting a new low for the year and increased investor confidence that the Federal Reserve may cut interest rates in September.
Due to demand concerns and the easing of geopolitical risk premiums, sellers are in a leading position, and international oil prices have fallen to a two-week low. WTI crude oil fell below the $73 mark and ultimately closed down 1.03% at $72.99 per barrel; Brent crude oil ultimately closed down 0.94% at $76.65 per barrel.
Disclaimer:
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