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News2025-06-12
ECB report says gold replaces euro to become the world's second largest reserve
XM: The ECB report said that gold replaces the euro and becomes the world‘s second largest reserve asset. The ECB released the "Europe‘s International Status" report, which mentioned that under the background of historical highs of gold prices and purchases, b...

News2025-06-12
The dollar consolidates sideways, and the focus turns to PPI inflation data
Risk sentiment remained sluggish in early Thursday as investors considered the latest trade headlines while staying nervous ahead of the U.S. Bureau of Labor Statistics (BLS) May Producer Price Index (CPI) data and another U.S. 10-year Treasury auction. Sellin...

News2025-06-12
Chinese live lecture today's preview
In trading, going long does not blindly chase after the price rises. True trend trading needs to be based on multiple necessary conditions. For example: large-cycle trends, trading volume and price, etc. Only by combining indicators such as moving average, MAC...

News2025-06-12
15th Anniversary Gift-back event, with a bonus of up to $15,0001
The award-winning broker XM celebrates its 15th anniversary. To thank customers for their support, it launched a one-month global welfare event, where traders can receive generous deposits of up to $15,000. The 15th anniversary gift-back event will last for fo...

News2025-06-12
CPI weakening hits US dollar index, and bears break key gap
Asian market review Wednesday, the US dollar index plunged in the session as a comprehensive lower-than-expected CPI data boosted market interest rate cut expectations, and so far, the US dollar priced at 98.28. Overview of the fundamentals of the foreign exch...

News2025-06-12
Will gold break 3500 this time? !
Will gold directly break through the historical high of 3500 this time? There are three reasons. First, yesterday‘s cpi data once again pushed gold to further rise, which gave traders a suppression of the Fed‘s interest rate cut in September to increase confid...

News2025-06-12
Gold, bulls are about to accelerate!
Within two weeks, either accepting or taking heavy taxes, Trump will send a letter to all trading partners in one to two weeks and must set a unilateral trade tax rate before the July 9 deadline for re-imposing high tariffs on several economies. There are many...

News2025-06-12
The situation of the US-Iran nuclear negotiations has taken a sharp turn for the
On Thursday, June 12, the dollar index fell in the Asian session as data showed inflation in the world‘s largest economy was lower than expected last month, suggesting that the Fed could recover interest rate cuts ahead of schedule rather than delay. In terms ...

News2025-06-12
Forex practical strategies on June 12
USD Index: The USD index rose below 99.25 on Wednesday and the decline above 98.50 was supported, meaning that the USD may maintain a downward trend after a short-term rise. If the US dollar index rises below 99.10 today and encounters obstacles, the target of...

News2025-06-12
Strong gold prices challenge the next high
There is no doubt that the medium-term upward trend of gold is. Every technical short-term pattern will be driven by the continuous buying force and eventually broken. However, the recent price trend is basically accompanied by the settlement of the profit-tak...

News2025-06-12
Gold fell back to 3320 in the early morning and rose strongly, and will further
The gold market yesterday was almost accurately grasped to the lowest point of 3320, and yesterday it also emphasized twice that the market had turned to a long one. In addition, last night‘s CPI data was strong and bullish. After the data was released last ni...

News2025-06-12
Silver prices fall from overbought range as U.S.-China trade negotiations ease
On Wednesday, silver prices fell, breaking from years highs as bullish momentum weakened and traders locked in profits. The metal is currently hovering near the $36.00 psychological support zone, testing its highest level since February 2012 earlier this week....

News2025-06-12
WTI, crude oil prices rise as U.S.-China trade optimism and stocks fall
West Texas Intermediate (WTI) rose on Wednesday, gaining more than 2% intraday, and the market responded positively to the regaining momentum of US-China trade negotiations and a sharp decline in U.S. crude oil inventories. The trend was fueled by President Tr...

News2025-06-12
GBP/USD rises as U.S. CPI pushes Fed to cut interest rates bets
The pound/dollar rose on Wednesday in the North American session, boosted by a lower-than-expected U.S. consumer inflation report, which increased speculation that the Fed could cut interest rates twice in 2025. As of press time, the pair was trading at 1.3537...

News2025-06-12
6.12 Middle East tensions suppress CPI, gold continues to buy at 40 in the morni
Market game profits come from mistakes, survival depends on self-discipline, and your profits often come from the losses of others. Every price fluctuation is hidden in the judgment deviations of market participants and the decision-making mistakes. However, w...
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