美元指数DXY短线走低14点，现报99.05。 ...

Core Viewpoint - International gold prices have shown a rebound after hitting a low, indicating that bearish pressure is being consumed, and the market is expected to continue its upward trend [1][4][8]. Price Movement - On April 28, gold opened at $3324.92 per ounce, reached a high of $3352.81, and closed at $3343.98, marking a daily increase of $19.06 or 0.57% [1]. - Compared to the previous Friday's closing price of $3314.08, gold rose by $29.9, reflecting a 0.9% increase [2]. Market Influences - The decline of the US dollar index below the 99 mark and the drop in the 10-year US Treasury yield have provided support for gold prices [4]. - Ongoing trade concerns due to Trump's statements on tariffs and rising geopolitical risks have further propelled gold prices upward [4][8]. Technical Analysis - Monthly charts indicate that gold prices have experienced significant volatility but remain above a key upward trend line, suggesting potential for further gains [10]. - Weekly charts show a long upper shadow indicating potential for a pullback, but the overall trend remains bullish as long as prices stay above the 5-week moving average [11]. - Daily charts confirm that gold has rebounded from recent lows, with support levels strengthening, indicating a favorable outlook for future price increases [13]. Future Outlook - The market anticipates continued bullish momentum for gold, with expectations of testing the $3500 mark again [8][10]. - Upcoming economic data releases, including the FHFA house price index and consumer confidence index, may influence market sentiment and gold prices [6].

彭博美元指数跌0.47%，报刷新日低至1220.13点，日内交投区间为1228.28-1220.13点。 周一（4月28日）纽约尾盘，ICE美元指数跌0.52%，刷新日低至98.956点，北京时间14:57刷新日高至 99.838点之后回吐涨幅，美股开盘以来持续震荡下行。 ...

美元/瑞郎日内跌幅达0.5%，报0.8229。 美元指数日内跌幅达0.5%，报99.0663。 ...

Core Viewpoint - The recent increase in the RMB exchange rate indices indicates a potential stabilization of the RMB against the USD, following a period of depreciation pressure, with expectations for continued stability in the exchange rate [1][5][6]. Exchange Rate Indices - The CFETS RMB exchange rate index rose to 96.29, up 0.15% week-on-week - The BIS currency basket RMB exchange rate index reached 102.25, increasing by 0.11% week-on-week - The SDR currency basket RMB exchange rate index reported 90.47, with a weekly increase of 0.03% [1][2]. USD Index and Market Dynamics - The USD index rebounded after four consecutive weeks of decline, closing at 99.58, a 0.36% increase for the week - The offshore RMB against the USD was reported at 7.2889, up 148 points for the week, while the onshore RMB closed at 7.2862, gaining 177 points [5][6]. Market Sentiment and Future Outlook - Analysts suggest that the depreciation pressure on the RMB has significantly eased, with expectations for the exchange rate to remain stable due to improved supply and demand in the foreign exchange market [5][6]. - The upcoming U.S. economic data releases, including non-farm payrolls and GDP figures, may influence the RMB exchange rate positively if they continue to show a cooling trend [8]. Global Economic Context - The IMF has downgraded the global economic growth forecast for 2025 to 2.8%, reflecting concerns over U.S. economic performance and potential impacts on the global financial system [9][10]. - The U.S. Federal Reserve's recent reports highlight rising global trade risks and uncertainties in U.S. debt sustainability, which could affect the overall financial landscape [9].

Group 1: Gold Market Analysis - The core viewpoint indicates that gold prices have dropped nearly 2% due to a stronger US dollar and easing US-China trade tensions, which reduced gold's appeal as a safe-haven asset [1] - Gold's cumulative decline for the week exceeded 1%, with the US dollar index rising by 0.3%, making gold more expensive for overseas buyers and suppressing demand [1] - The easing of global uncertainties has led to a shift in investor preference towards risk assets, increasing downward pressure on gold prices [1] Group 2: Technical Analysis of Gold - After a pullback from around $3500, gold is currently facing resistance at the 23.6% Fibonacci retracement level (approximately $3368 - $3370) [3] - The price has rebounded from a low of $3265, with key support at the 38.2% Fibonacci retracement level (around $3300) [3] - Short-term trading strategy suggests focusing on short positions around $3345 - $3365 resistance and monitoring support at $3280 - $3260 [4] Group 3: Silver Market Analysis - The silver market shows key turning signals, with prices stabilizing above the MA55 moving average (32.502) and a bullish arrangement of MA14 and MA20 [6] - The MACD indicates a weakening downward momentum, while the RSI remains at 54.144, suggesting a bullish outlook [6] - Short-term trading strategy recommends short positions around $33.35 - $33.45 with a stop loss at $33.55 and targets set at $33.16 - $32.75 - $32.45 [6]

Exchange Rate Trends - The CNY has recently appreciated against the USD, with the USD index closing at 99.84 on April 23, up 0.61% from the previous week, while the CNY closed at 7.293, up 0.12%[12] - Since Q2 2022, the USD has shown stronger performance compared to other currencies due to expansionary fiscal and industrial policies in the US, exerting depreciation pressure on the CNY[3] US Policy Impact - Trump's recent softening stance on tariffs has alleviated some market concerns, contributing to a slight recovery in the USD index[4] - The USD index has experienced two significant depreciations since March, contrary to actual interest rate trends, indicating heightened global economic risks due to US tariff policies[4] Future Outlook - The CNY's recent recovery may indicate a potential stabilization against the USD, but uncertainties remain due to ongoing US tariff strategies and potential fiscal expansions[5] - The Chinese government has prepared balanced policies to stabilize foreign trade, domestic demand, and exchange rates amid external shocks[5] Monetary Policy Considerations - The People's Bank of China (PBOC) aims to maintain the CNY at a reasonable equilibrium level, with a focus on avoiding excessive depreciation pressures[25] - The MLF net injection in April is projected to reach 500 billion, the highest monthly figure since 2024, indicating a shift in liquidity management strategies[25] Risks - There is a risk that the monetary policy easing may not meet expectations, which could impact the stability of the CNY[6]

美国经济前景堪忧，美元指数弱势运行，黄金转折点在哪？点击观看金十研究员文成直播分析 相关链接 ...

美元指数DXY日内跌幅达0.50%，现报99.40。 ...

此外，随着美国总统特朗普和财政部长贝森特先后在贸易谈判方面释放乐观信号，美元指数延续反弹 ，美债收益率涨跌不一，避险情绪回落和美元走高导致现货黄金暴跌逾100美元。 从技术上看，昨日金价向上测试周内第一阻力3392美元／盎司附近后受阻回落，至本周多空分水岭3293 美元／盎司附近展开争夺，最后重新回到分水岭上方，暂时缓解了下行的压力。但要注意到的是，虽然 金价连续两个交易日回调，但从空间上看还不是特别充分。日内走势来看，上行方面，金价上方阻力继 续关注3392美元／盎司附近，若金价有效突破该位置，阻力调整至3457美元／盎司附近。下行方面，本 周多空分水岭3293美元／盎司成为当前金价下方的第一支撑。若金价有效跌破该位置，支撑则调整至 3228美元／盎司。 新华财经北京4月24日电近两个交易日，随着特朗普"改口"推动风险资产情绪回暖，国际金价在获利了 结打压下自历史高点大幅回落。需要注意到的是，尽管金价近两日回调幅度较为明显，但从空间上看， 调整还不是特别充分。不过，阶段金价波动剧烈，短时操作难度较大。 基本面方面，美联储发布的经济状况褐皮书显示，自上次报告以来，经济活动几乎没有变化，但国际贸 易政策的不确定 ...