市场同时密切关注伊朗持续升级的民众骚乱。德国总理默茨发表负面评论，正值各界评估伊朗政权崩溃 可能性及其对地缘政治和能源市场影响之际。这一局势正推动市场对黄金的避险需求。 【最新黄金期货行情解析】 从技术面来看，黄金多头在二月份的下一上涨目标为突破4750美元这一强阻力位，并实现收盘价站稳其 上;空头短期下跌目标则是推动期货价格跌破4400美元这一关键支撑位。当前首个阻力位为今日创下的 历史最高价4644美元，其次是4675美元;首个支撑位为今日最低价4582.80美元，随后是4550美元。 当天公布的数据显示，美国12月年通胀率维持2.7%，与11月持平且符合预期。CPI报告显示，能源价格 因汽油降价有所回落，但食品价格仍处高位;按月计算，CPI上涨0.3%。剔除食品和能源的核心CPI月率 仅涨0.2%，低于0.3%的预期值，年率则保持在2.6%，为2021年3月以来最低水平。 芝加哥商业交易所集团(CME Group)宣布，因黄金、铂金和钯金期货价格大幅上涨且交易波动剧烈，将 调整其保证金设定方式。新规将基于"名义金额"而非固定美元金额来确定保证金，自周二收盘后生效， 旨在"对市场波动进行常规审查，确保足够 ...

截至2026年1月14日，美元指数报99.22，较前一交易日微涨0.03%，日内呈现窄幅震荡态势。具体来 看，今日开盘99.18，盘中最高触及99.25，最低下探99.16，波动幅度相对有限。昨日美元指数表现疲 软，收于98.862，跌幅0.27%，带动欧元对美元汇率升至1.1672，英镑对美元汇率上涨至1.3466。 美国激进的关税政策、创纪录的财政赤字以及对美联储独立性的质疑，动摇了市场对美元币值稳定的信 心。2025年现货黄金价格飙升逾70%，"弃美元、购黄金"的趋势在2026年持续，进一步反映了市场对美 元资产的疑虑。 多家主流机构对2026年美元走势持看空态度，彭博社调查显示美元指数或再下跌约3%。美联储政策转 向、全球利差收窄、增长动能转移及去美元化进程，构成美元下行的核心驱动力，全年汇率中枢大概率 较2025年下移。 美元仍存在多个扰动因素可能引发短期反弹，包括美国经济超预期韧性、通胀韧性带来的政策调整、非 美经济体紧缩力度受限等。美联储对2026年美国实际GDP增速预测已从1.8%上调至2.3%，AI产业繁荣 也可能持续吸引全球资本流入。 市场对美联储2026年宽松政策的预期持续发酵，花旗、摩 ...

日本国内政治动态成为近期日元贬值的重要催化剂。日本首相高市早苗考虑解散众议院的消息传出后， 市场对其后续推行积极财政政策、维持低利率环境的预期升温，催生了以日元贬值、股市上涨、债券价 格下跌为特征的"高市交易"。海外投机者借机强化押注日元贬值的交易策略，尽管年末持仓调整曾削弱 贬值势头，但政治预期扰动为这一交易提供了新的驱动力。 财政可持续性担忧进一步加剧日元抛压。高市早苗政府推出的大规模财政刺激计划，使得日本政府债务 占GDP比重已超260%，偿债负担随利率上升持续加重。1月13日，日本长期利率一度攀升至2.140%，创 下26年11个月以来的最高水平，东京外汇市场因担忧财政状况恶化，抛售日元的动向明显升温，进一步 推高美元兑日元汇率。 2026年开年以来，日元汇率持续承压走弱，美元兑日元汇率不断刷新阶段高点。截至1月13日，该汇率 盘中一度触及158.90，创下2024年7月以来的18个月新低，当日收盘微幅回落至158.62，年内累计贬值幅 度已超1.2%，"高市交易"升温成为主导市场走势的核心逻辑。 政策分化持续发酵利差格局支撑美元强势 美日两国货币政策路径的差异，仍是驱动汇率走势的核心因素。日本央行在 ...

Core Viewpoint - The Swiss Franc (CHF) is experiencing a stable performance against the Euro and slight fluctuations against the US Dollar, supported by the Swiss National Bank's (SNB) zero interest rate policy and its role as a safe-haven currency, despite pressures from export challenges and US policy constraints [1][2]. Group 1: Currency Performance - As of January 14, 2026, the CHF is trading in the range of 0.8750-0.8800 against the USD, influenced by the SNB's zero interest rate policy and safe-haven demand, while facing pressure from exports and US policy [1]. - The CHF is stable against the Euro, anchored in the 1.08-1.09 range, due to the SNB's foreign exchange interventions and zero interest rate policy [1]. - The CHF has appreciated nearly 2% year-to-date against the USD, although its appreciation potential is limited by US trade policies [1]. Group 2: Economic Outlook - The Swiss Economic Association forecasts a slowdown in GDP growth from 1.2% in 2025 to 1.0% in 2026, with declines in sales for technology and watchmaking sectors, and an increase in unemployment from 2.8% to 3.0% [2]. - The SNB's ability to operate is constrained by US policies, as Switzerland has been labeled a currency manipulator and is now subject to tariff considerations, creating political risks for the SNB's market interventions [2]. Group 3: Monetary Policy and Market Sentiment - The zero interest rate policy is a key stabilizing factor for the CHF, with the SNB maintaining this rate since June 2025 to prevent excessive appreciation and support core export industries [1]. - Market participants are closely monitoring SNB policies, US trade developments, and safe-haven sentiment in the short term, while focusing on export and real estate data in the long term [2]. - The average inflation rate for 2026 is projected at 0.4%, which is unlikely to drive policy adjustments [2].

全球避险情绪波动为汇率添扰。近期中东局势紧张、特朗普对伊朗发军事警告及欧洲强化北极军事存在 的讨论，推升避险需求，作为传统避险货币的瑞郎吸引力上升，1月13日汇率一度跌至0.7970(单日跌幅 0.55%)。但当前避险情绪整体温和，无大规模恐慌性资金流动，既限制瑞郎升值空间，也令美元兑瑞郎 维持窄幅震荡。 技术面看，美元兑瑞郎中长期弱势未改，日线MACD持续运行于零轴下方，下行动能未消。14日RSI指 标约48，处于中性区间，多空暂时平衡；小时级别布林带收口，短期突破动能不足。支撑位方面，前期 低点0.7930为首要支撑，下方0.7860-0.7830为强支撑带；阻力端关注0.7950-0.7960(20日均线附近)及 0.8020-0.8030区间，突破后或冲击0.8060关键位。 后续焦点：数据与政策信号定方向 短期需重点关注美国12月CPI及核心PCE数据：数据走强或缓解激进降息预期，为美元提供支撑；数据 疲软则强化宽松预期，推动汇价向支撑区间回落。同时，瑞士12月CPI数据将影响瑞郎走势，若通缩压 力升温引发降息预期，可能扭转瑞郎短期态势。 中长期核心变量仍是两国央行政策。机构预测，瑞士央行大概率维持 ...

Core Viewpoint - The Australian dollar (AUD) is experiencing weak fluctuations against the US dollar (USD), with a slight increase observed, while market sentiment remains cautious due to various economic indicators and central bank policies [1]. Group 1: Economic Indicators - Australia's November CPI increased by 3.4% year-on-year, lower than the expected 3.65% and down from the previous value of 3.8%, but still above the target range of 2%-3% [1]. - The Westpac consumer confidence index for January fell by 1.7% month-on-month to a three-month low of 92.9, indicating a slowdown in household spending and a cautious consumer attitude under high interest rates [1]. - Despite these challenges, Australia's economy shows resilience, with a projected GDP growth of 2.1% year-on-year by Q3 2025 and a stable unemployment rate at a low of 4.3% [1]. Group 2: Central Bank Policies - The Reserve Bank of Australia (RBA) has maintained its benchmark interest rate at 3.6% for three consecutive times, with Deputy Governor Andrew Hauser indicating that a rate cut is unlikely in the near term [1]. - Market expectations suggest that the RBA may initiate rate hikes as early as June, contrasting with the Federal Reserve's slower pace of potential rate cuts [1]. Group 3: Commodity Influence - As a commodity currency, the AUD is supported by strong iron ore prices, with forecasts indicating a 5%-7% increase in coal prices by 2026, alongside improvements in global supply-demand dynamics [2]. - However, the strengthening USD, bolstered by the resilience of the US economy and safe-haven buying, is exerting downward pressure on the AUD [2]. Group 4: Technical Analysis - The AUD/USD is currently in a consolidation phase, with key resistance levels at 0.6720 and 0.6750, while support is focused on the recent low of 0.6675 [2]. - If the AUD breaks below 0.6675, it may test the 50-day EMA support at 0.6634, with further declines potentially reaching the 0.6600 level [2]. - The 14-day RSI stands at 60.55, indicating moderate bullish momentum without reaching overbought territory, suggesting limited potential for a trend breakout in the short term [2].

Core Viewpoint - The USD/CAD exchange rate is experiencing high volatility due to policy divergence, oil prices, and geopolitical risks, with the rate reported at 1.3881 as of January 13, 2026, reflecting a slight increase of 0.04% [1] Group 1: Policy Divergence - The core logic driving the exchange rate is the policy divergence between the U.S. and Canada, with the Federal Reserve having cut rates by 75 basis points in 2025 and maintaining a current range of 3.5%-3.75%, while the Bank of Canada has paused rate cuts after a total reduction of 100 basis points to 2.25% [2] - Market expectations suggest a 90% probability of two more rate cuts by the Federal Reserve before September 2026, contrasting with the Bank of Canada's stance that it will likely not cut rates again before March 2026, leading to a narrowing interest rate differential that suppresses the USD/CAD exchange rate [2] Group 2: Oil Prices and Geopolitical Risks - The Canadian dollar, as a commodity currency, is highly influenced by oil price fluctuations, with WTI crude oil prices rising to around $59.40 per barrel due to supply constraints from OPEC+ and geopolitical tensions in Iran, providing support for the CAD [3] - However, plans by the U.S. to resume oil imports from Venezuela may increase competition for Canadian oil, potentially exerting downward pressure on the CAD [3] - Geopolitical risks, including U.S. warnings about higher tariffs for countries engaging in business with Iran and ongoing conflicts like the Russia-Ukraine situation, contribute to market volatility and enhance the appeal of commodity currencies [3] Group 3: Economic Fundamentals and Technical Analysis - The Canadian economy shows resilience with strong consumer and employment data, stable retail sales, and real wage growth, which supports the CAD despite housing market pressures [4] - In contrast, U.S. economic growth expectations have decreased from 1.6% in 2025 to 1.5% in 2026, with recent weak non-farm payroll data reducing the attractiveness of the USD, although a drop in the unemployment rate to 4.4% provides some support [4] - Technically, the USD/CAD rate faced resistance around 1.3920 and is currently below short-term moving averages, with the 20-day moving average flattening and the 50-day moving average providing medium-term support [4]

Group 1 - The US dollar index is trading around 99.237, while spot silver opened at $86.90/oz and is currently around $88.69/oz, indicating a rise in silver prices due to increased safe-haven demand amid geopolitical and economic uncertainties [1] - On January 13, the dollar index rose by 0.29% to close at 99.186, while spot silver increased by 2.06% to $86.91/oz, reaching a historical high of $89.12 before retreating [1] - The upcoming economic data to watch includes the US November retail sales month-on-month and the November PPI data [1] Group 2 - As of January 13, silver ETF holdings decreased by 26.79 tons to 16,321.16 tons compared to the previous trading day [2] - The US CPI growth rate remained stable in December, with core CPI slightly below expectations, leading to comments from Trump advocating for significant interest rate cuts by Powell [2] - The ADP weekly employment report indicates that private sector employers added an average of 11,750 jobs per week over the four weeks ending December 20, 2025 [3] Group 3 - The Chicago Mercantile Exchange plans to launch a 100-ounce silver futures contract on February 9 [5] - The silver market experienced fluctuations, opening at $85.362, hitting a low of $83.348, and then rising to a high of $89.124 before closing at $86.891 [6]

Group 1 - The current spot gold price is reported at 1035.77 CNY per gram, reflecting an increase of 6.75 USD or 0.66% from the previous trading day, indicating a rebound after a decline [1] - The opening price for the day was 1029.01 CNY per gram, with a daily high of 1036.28 CNY and a low of 1029.01 CNY, showing volatility within the trading session [1] Group 2 - The situation in Iran is described as "very fragile," with President Trump indicating potential U.S. actions against the Iranian regime, amidst significant civil unrest and human rights violations [2] - The Iranian protests, initially sparked by inflation and currency collapse, have escalated following government internet shutdowns, leading to a reported death toll exceeding 2000 and nearly 16,800 arrests [2] - The U.S. military presence in the region includes six naval vessels, but lacks an aircraft carrier, complicating military response options, although strikes can still be executed using destroyers and bombers [2] Group 3 - Gold prices have shown a fluctuating upward trend, with a potential for a pullback expected, although market conditions do not support a significant decline [3] - Key resistance for gold is identified at approximately 4610, which aligns with the 61.8% Fibonacci retracement level; failure to break this resistance may lead to downward pressure [3] - If gold prices stabilize above 4610, there is potential for further upward movement towards 4620 and 4630, but caution is advised regarding the risk of price retracement after reaching new highs [3]

打开APP，查看更多高清行情》 金投白银网(http://ag.cngold.org)为您提供最新白银期货价格、白银期货合约、白银期货交易以及白银期 货走势，更多白银期货行情敬请关注：白银期货专栏 备注：以上白银的价格仅供参考，请以官方报价为准。如对白银投资有疑问可咨询本站客服。 金投白银网提供今日白银期货价格走势_今天白银期货价格走势（2026年1月14日） 今日白银期货价格查询（2026年1月14日） | 名称 | 最新价 | 最高价 | 最低价 | 昨收价 | | --- | --- | --- | --- | --- | | 沪银主力 | 22386.00 | 22495.00 | 21358.00 | 21004.00 | ...