Trusted by over 15 Million Traders
The Most Awarded Broker
for a Reason
market news
A collection of positive and negative news that affects the foreign exchange market
Wonderful introduction:
A clean and honest man is the happiness of honest people, a prosperous business is the happiness of businessmen, a punishment of evil and traitors is the happiness of chivalrous men, a good character and academic performance is the happiness of students, aiding the poor and helping the poor is the happiness of good people, and planting in spring and harvesting in autumn is the happiness of farmers.
Hello everyone, today XM Foreign Exchange will bring you "【XM Foreign Exchange Market Analysis】: Highlights of positive and negative news that affect the foreign exchange market". Hope it will be helpful to you! The original content is as follows:
The following is a collection of positive and negative news that affected the foreign exchange market on April 21, 2025:
Related news
Breaking negative:
The US dollar fell below the 99 mark in the early trading, reaching a low of 98.88, a new low since April 2022. As nuclear negotiations between the United States and Iran have made progress, market risk aversion sentiment has eased, and demand for safe-haven for the US dollar has declined. At the same time, since US President Trump announced the full imposition of global tariffs, the trade war has led to the continued loss of confidence in the US dollar as a safe-haven asset. The US dollar fell into a weak situation last week. Although it rebounded slightly as the weekend approached, it still showed a decline overall.
A Reuters survey shows that economists believe that the possibility of a U.S. economic recession in the next 12 months has increased, which has a negative impact on the dollar. An economic recession is expected to reduce investors' confidence in U.S. assets, leading to capital outflows, and thus suppressing the dollar exchange rate.
Favorite:
According to CME's FedWatch tool, traders believe that the possibility of the Federal Reserve's interest rate cut in May has dropped to around 6%, and interest rate expectations are relatively stable, which will support the US dollar to a certain extent, alleviating the decline of the US dollar. If the market's expectations for the Fed's interest rate cut are further reduced, it will be conducive to the strengthening of the US dollar.
Related news of RMB
Favorite:
The RMB exchange rate against the US dollar showed a short-term technical rebound, with the onshore RMB rebounding to 7.2990, and the offshore RMB at 7.3020, a significant rebound from the low of 7.42876 in early April. This is mainly affected by the easing expectations of Fed interest rate hikes and the central bank's intervention. Regulators have suppressed unilateralism through mid-price guidance and market intervention.Depreciation expectations have enhanced the market's confidence in the RMB.
Bad negative aspects:
China's slowdown in economic growth has formed an interest rate spread with the Federal Reserve's high interest rates, and the pressure of capital outflow continues. In the medium and long term, the RMB is still under pressure. If the interest rate gap between China and the United States does not reverse, the RMB may test the range of 7.5-7.8 in the future.
Europe-related news
Favorite:
The ECB announced last week that it would cut the benchmark interest rate by 25 basis points to 2.25%, the seventh rate cut in a year and has reduced borrowing costs to its lowest level since the end of 2022. Although interest rate cuts are to some extent to cope with slowing economic growth, from another perspective, a lower interest rate environment may stimulate economic growth, enhance market confidence in the euro zone economy, and thus have a certain supporting role in the euro exchange rate.
Bad front:
European zone economic growth is still relatively fragile and faces many uncertainties, such as geopolitical tensions and global trade issues. These factors may suppress the euro's upward space and put the euro against the dollar to a certain extent.
Related news of pound
Favorites:
Economic data show that Britain's economic growth remains stable, inflation slows down, and wage growth is strong, which provides certain support for the pound. The pound hit a new high of 1.3298 against the dollar last week to reach a new high of 1.3298 since early October last year, and market confidence in the pound has increased.
Bond negative aspects:
The Bank of England has different views on interest rate policy. The market expects interest rate cuts to occur in early 2025, especially as the labor market weakens, wage growth slows down and inflationary pressures lower, which may put some downward pressure on the pound exchange rate.
Japan yen related news
Favorite:
Japanese negotiator Ryo Akazawa is xmtraders.coming to clarify that the trade negotiations have not discussed the exchange rate issue, which has led the US dollar to rebound from a low of nearly 1 yen, which has played a certain stabilizing role in the Japanese yen exchange rate.
Bond of negative aspects:
Bank of Japan Governor Kazuo Ueda said that if potential inflation accelerates to approach the 2% target as scheduled, the Bank of Japan will continue to raise interest rates. Although this remark shows to a certain extent the Bank of Japan's concern about the economy and inflation, it also triggers market concerns about the Japanese economic recovery process and may put some pressure on the yen exchange rate.
The above information is xmtraders.compiled from public content and does not constitute investment advice. The foreign exchange market is affected by a variety of factors. Investors need to pay close attention to the global economic situation, central bank policies, geopolitics and other trends, and make investment decisions with caution.
The above content is all about "【XM Foreign Exchange Market Analysis】: Collection of Positive and Negative News that Influence the Foreign Exchange Market". It was carefully xmtraders.compiled and edited by the XM Foreign Exchange editor. I hope it will be helpful to your trading! Thanks for the support!
Living in the present, don't miss itGo or look forward to the future and waste your current life.
Disclaimers: XM Group only provides execution services and access permissions for online trading platforms, and allows individuals to view and/or use the website or the content provided on the website, but has no intention of making any changes or extensions, nor will it change or extend its services and access permissions. All access and usage permissions will be subject to the following terms and conditions: (i) Terms and conditions; (ii) Risk warning; And (iii) a complete disclaimer. Please note that all information provided on the website is for general informational purposes only. In addition, the content of all XM online trading platforms does not constitute, and cannot be used for any unauthorized financial market trading invitations and/or invitations. Financial market transactions pose significant risks to your investment capital.
All materials published on online trading platforms are only intended for educational/informational purposes and do not include or should be considered for financial, investment tax, or trading related consulting and advice, or transaction price records, or any financial product or non invitation related trading offers or invitations.
All content provided by XM and third-party suppliers on this website, including opinions, news, research, analysis, prices, other information, and third-party website links, remains unchanged and is provided as general market commentary rather than investment advice. All materials published on online trading platforms are only for educational/informational purposes and do not include or should be considered as applicable to financial, investment tax, or trading related advice and recommendations, or transaction price records, or any financial product or non invitation related financial offers or invitations. Please ensure that you have read and fully understood the information on XM's non independent investment research tips and risk warnings. For more details, please click here
CATEGORIES
News
- 【XM Market Analysis】--WTI Crude Oil Forecast: WTI Crude Oil Tests Resistance
- 【XM Market Analysis】--USD/INR Analysis: Surges Higher and the Need for Perspecti
- 【XM Market Analysis】--EUR/JPY Forecast: Euro Struggles Near Key Levels Against Y
- 【XM Group】--USD/CAD Forecast: Friday's Critical Moves
- 【XM Market Analysis】--GBP/USD Forex Signal: Sterling Could Retreat Ahead of the