【Direct Hit on the Asia Market】 China has not yet responded to Trump's latest statements! The partial reversal of "dumping the USA" has led to a rise in the dollar and a retreat in Gold.

On Wednesday (April 23), Asian stock markets rose, and the dollar edged higher, as the Trump administration eased some of the recent tensions that have disrupted financial markets.

FX16812:15

Is the plunge in Gold a sure win question? JPMorgan calls for a target of 4,000 dollars!

After Gold peaked at 3500, it fell by 130 dollars, with a shocking short-term drop. However, the real "big players" did not panic.

Golden10 Data09:39

A single comment from Trump caused the market to change dramatically in an instant! The dollar soared while gold prices once plummeted by 68 dollars.

At the beginning of trading on Wednesday in Asia, the financial market suddenly experienced severe fluctuations. The President of the USA, Trump, stated that he had no intention of firing Federal Reserve Chairman Powell, which caused the dollar to surge sharply and spot Gold to plunge unexpectedly. This statement marks a significant shift in Trump's attitude, as he has recently intensified his criticism of Powell and refused to rule out the possibility of taking the unprecedented step of firing Powell.

FX16807:28

Gold is crazy, what about Silver?

Be cautious of risks.

Gelonghui FinanceApr 22 16:33

Gold surges through 3500: is the sunset bell of dollar hegemony ringing?

① Since April 8, when the gold price was still below 3,000 USD, international gold prices have almost consistently crossed a threshold of 100 USD every other trading day. ② Given that during the same period, the USA stock, bond, and foreign exchange markets have been experiencing turbulence, more and more industry insiders cannot help but speculate whether there are deeper issues within the long-dominant USA dollar-led Global financial system.

cls.cnApr 22 16:15

The sharp drop in the dollar helped spot Gold soar past 3440 dollars! Trump angrily criticized Powell: reduce interest rates now.

① The spot Gold price has broken through the $3440 barrier, setting a new historical high; ② The USD has dropped to 97.91, the lowest since March 2022, as investors flock to the safe-haven asset Gold; ③ USA's tariff policy has caused trade tensions, with Trump pressuring Federal Reserve Chairman Powell to cut interest rates, driving up Gold prices.

cls.cnApr 22 07:48