#USD +0.07% >>> 97.75

#Gold +0.15% >>> USD 1,492

Last night, to central bank deducted the interest rate -0.25% once again, for the third time this year, as expected. Hence it reached a 1.75% top.

The decrease of USD interest has been said to be unnecessary according to experts and has raised up protests. Statistics show the US GDP reached +1.9% in 2019 third quarter which was higher than the market expectation of +1.6%.

However, the Reserve Federal has made it clear that probably there would be no more interest rate reduction. The USD interest rate reduction shall be the cause of weakening US money and strengthening the commodities.

federal reserve, USD, upper bond, lower bond
US federal target Rate
× Call Us on WhatsApp