Trump trade continues, US dollar rises on Wednesday Gold may fall towards $2500

On Wednesday, due to the expected rebound of the US CPI in October, the US dollar index remained strong and unchanged, ultimately closing up 0.522% at 106.48

On Wednesday, due to the expected rebound of the US CPI in October, the US dollar index remained strong and unchanged, ultimately closing up 0.522% at 106.48, setting a new high for the year. The collective surge in US bond yields, with the benchmark 10-year US bond yield closing at 4.468%; The two-year US Treasury yield, which is more sensitive to monetary policy, closed at 4.294%.

The US CPI for October met market expectations, and expectations for a Fed rate cut in December heated up. On Wednesday, spot gold rose and fell back, ultimately closing down 0.98% at $2572.93 per ounce. Spot silver ultimately closed down 1.24% at $30.34 per ounce.

International crude oil has rebounded under the push of short covering, but the strong US dollar has limited its gains. The WTI crude oil market experienced a V-shaped reversal, ultimately closing up 0.1% at $67.91 per barrel; Brent crude oil closed up 0.21% at $71.76 per barrel.

CWG Markets
Tips: STP, ECN
Regulation: FCA (UK), VFSC (Vanuatu), FSCA (South Africa)
read more
Dollar extends gains, BoE and BoJ stand pat

Dollar extends gains, BoE and BoJ stand pat

Dollar continues the post-Fed advance - Initial jobless claims slide, validating Fed’s confidence - BoE stands pat, slows pace of quantitative tightening - BoJ appears hawkish, rate hike speculation increases
XM Group | 1 day ago
EUR/USD Corrects Lower in Post-Fed Pause

EUR/USD Corrects Lower in Post-Fed Pause

The EUR/USD pair extended its decline on Friday, retreating further following the US Federal Reserve’s September meeting. The US dollar found support as the Fed’s rhetoric proved less dovish than markets had anticipated.
RoboForex | 1 day ago
ATFX Market Outlook 19th September 2025

ATFX Market Outlook 19th September 2025

U.S. initial jobless claims fell last week, though the labor market continues to soften. Major U.S. equity indices closed at record highs, led by Intel’s surge after Nvidia announced a $5 billion investment. The Dow rose 0.27%, the S&P 500 gained 0.48%, and the Nasdaq advanced 0.94%.
ATFX | 1 day ago