本文源自：金融界AI电报 美元指数DXY日内跌超0.50%，现报96.55。 ...

Group 1 - The core viewpoint is that gold prices have recently reached historical highs around 5111 but have experienced corrections, with fluctuations influenced by global economic recovery, inflation, and geopolitical tensions [1][3] - The market sentiment is mixed, with support for gold stemming from ongoing economic uncertainties and inflationary pressures in some countries, while the strength of the US dollar and unclear timelines for potential Federal Reserve interest rate cuts pose challenges [1] - Technically, gold maintains a bullish trend on the daily chart, but momentum has weakened after consecutive gains, indicating a potential for short-term corrections [1] Group 2 - Short-term support levels for gold are identified at 5010-5015 and 4985-4990, with a strategy focused on buying on dips rather than assuming a trend reversal during corrections [3] - The recommended trading strategy includes light buying at 5010-5015, with additional purchases at 4990-4995, setting a stop-loss at 4986, and targeting levels between 5090-5100 [3]

据路透社等报道，2026年来，美元再次遭到抛售。美元指数1月26日创下自去年4月以来最大的三日跌 幅，并一度下探至去年9月以来的最低水平。 路透社指，仅凭这一点，美元对投资者的吸引力就大打折扣，投资者可能会选择将资金投入到利率走高 的地方。 目前，美联储主席鲍威尔一直在抵制特朗普要求加快降息的压力，但他将于5月卸任。贝莱德全球固定 收益首席投资官里德尔(Rick Rieder)有可能成为继任者，他和特朗普一样主张降低利率，这进一步打压 了美元表现。 来源：中国新闻网 作者: 宫宏宇 美元指数走势。数据来源：Wind 就美元目前面临的挑战而言，路透社提到，受美国明尼苏达州居民遭联邦执法人员枪击身亡等事件影 响，本月对美国国土安全部的政府拨款法案可能难以通过，联邦政府1月底部分"停摆"的可能性正大大 增加。 "政府关门的风险进一步加大了美元的下跌压力，为那些正在重新考虑是否投资美国或对冲美元风险的 人提供了又一个理由。"华盛顿Potomac River Capital首席投资官Mark Spindel表示。 此外，市场普遍预计美联储今年至少还将降息两次，而其他主要央行则可能按兵不动或甚至加息。 路透社指，2025 ...

中新网1月27日电(记者 宫宏宇)据路透社等报道，2026年来，美元再次遭到抛售。美元指数1月26日创下 自去年4月以来最大的三日跌幅，并一度下探至去年9月以来的最低水平。 "政府关门的风险进一步加大了美元的下跌压力，为那些正在重新考虑是否投资美国或对冲美元风险的 人提供了又一个理由。"华盛顿Potomac River Capital首席投资官Mark Spindel表示。 此外，市场普遍预计美联储今年至少还将降息两次，而其他主要央行则可能按兵不动或甚至加息。 路透社指，仅凭这一点，美元对投资者的吸引力就大打折扣，投资者可能会选择将资金投入到利率走高 的地方。 目前，美联储主席鲍威尔一直在抵制特朗普要求加快降息的压力，但他将于5月卸任。贝莱德全球固定 收益首席投资官里德尔(Rick Rieder)有可能成为继任者，他和特朗普一样主张降低利率，这进一步打压 了美元表现。(完) 路透社指，2025年，受美国总统特朗普反复无常的贸易政策等影响，美元全年跌超9%，创下自2017年 以来最差年度表现。 今年开年来，美元再次遭遇动荡，表现逊于欧元、英镑和瑞郎等其他主要货币。 美元指数走势。数据来源：Wind 就美元目前面 ...

【华通白银网1月27日讯】黄金白银价格周一飙升，突破5000美元/盎司和110美元/盎司，创下历史新高，金银均有望创下近40多年来最大 的单月涨幅。 目前，黄金价格已连续第八个月上涨，自新年前夕以来已上涨了18.1%。 截至今日，黄金价格已突破5000美元大关。作为"避险"资产，黄金在1999年9月大幅上涨了17.3%。当时，欧洲各国央行决定限制并协调 未来的黄金销售，这引发了黄金价格的大幅飙升。此前，由于黄金价格处于近二十年来的最低水平，各国央行纷纷削减了黄金储备。 "这主要是由特朗普政府上周的一些反复无常的决策所引发。" 由于黄金和白银在其他所有货币中也创下了历史新高，美元指数也遭遇了4个月来的新低。美元下跌了约0.5%。此前一周美元已下跌了 1.6%，这是自5月以来美元单周跌幅最大的一次。此前，特朗普曾首次威胁对美国的北约盟国征收新的"格陵兰贸易关税"，但随后又突然 放弃了这一想法。 白银的表现使得金银比进一步下跌至46，这是自2011年9月以来黄金相对于白银价格的最低值。 在本周美联储首次于2026年举行政策会议之前，期货市场的押注显示，1月份美联储的决策中"维持利率不变"的可能性目前为97%，但根 ...

美国经济学家蒂姆·迪（Tim Duy）指出，下一位美联储主席的决策行为，与当前经济环境及影响联邦公开市场委员会（FOMC）其他成员的能力密切相关。 市场认为，美联储主席人选变动可能影响未来货币政策走向，这种不确定性加剧了美元指数弱势。 周二亚洲交易时段，美元指数（DXY）在97.00关口附近弱势震荡。 美元指数衡量美元对一篮子六种主要世界货币的价值，近期走势持续承压，核心受美联储政策预期、美国国内政策动态及经济数据预期影响。 当日稍晚，美国将公布ADP就业变化数据及消费者信心报告，两项数据表现将直接影响美元指数短期走势，受到市场交易员关注。 美元指数已跌至2025年9月18日以来最低水平，核心拖累因素是市场对美国联邦储备系统（Fed）独立性的担忧。美联储主席杰罗姆·鲍威尔任期将于今年5月 结束，美国总统唐纳德·特朗普上周表示，将很快宣布继任人选。 美国政府关门风险同样压制美元走势。目前美国政府面临部分关门隐患，美国参议院民主党领袖查克·舒默明确反对包含国土安全部拨款的资助方案。美国 国会需在1月30日前完成政府资助，否则将面临部分关门。政府关门风险会引发市场对美国经济稳定性的担忧，进而打压美元。 美联储即将召 ...

Report Industry Investment Rating - Not provided Core Viewpoints - The U.S. January S&P Global Manufacturing PMI preliminary value was 51.9, with employment sub - index hitting a new low since last year but still expanding for six consecutive months, and output reaching the highest level since August 2025. The EU Commission plans to extend the suspension period of anti - tariff measures against the U.S. [2] - For copper, the dollar index is under pressure, which is positive for the non - ferrous sector. However, the spot market has sufficient supply, demand is cautious, and LME inventory accumulation may suppress prices. Short - term copper prices will fluctuate. [2] - For aluminum, the macro - sentiment warms up, but industrial drivers are limited, and domestic inventory accumulates. The price is expected to fluctuate. [2] - For zinc, geopolitical tensions are rising, and the macro - sentiment is volatile. The domestic processing fee is at a low level, smelting profit is inverted, and production is expected to decline. Zinc prices will follow the sector to fluctuate. [2] - For nickel, the Fed's interest - rate cut expectation is stable. Indonesia's nickel - related policies and supply - side disturbances may affect prices. Short - term nickel prices are high, and in the long - term, high global inventories may suppress prices. It is recommended to go long on dips in the short - term. [2] Summary of Relevant Catalogs Price Indicators - LME non - ferrous metal futures prices showed various changes, such as copper at $12,921.5 with a 2.28% change and nickel at $18,705 with a 3.71% change. SHFE prices also had different changes, like aluminum at 23,990 yuan/ton with a - 0.31% change and nickel at 145,380 yuan/ton with a 2.81% change. [1] Inventory Indicators - LME non - ferrous metal inventories and their changes varied. For example, LME copper inventory was 170,525 tons with a 26.05% change, and LME zinc inventory was 111,325 tons with an 11.43% change. SHFE inventories also had different trends, such as SHFE aluminum inventory increasing from 141,725 tons to 197,053 tons with a 6.01% change. [1][2] Ascending and Descending Water Indicators - LME and SHFE non - ferrous metal ascending and descending water showed different changes. For example, SHFE copper's ascending and descending water changed from - 66.1 yuan/ton to 16.78 yuan/ton with an - 82.8 change. [2] Price - to - Price Ratio Indicators - The current price - to - price ratios of non - ferrous metals and their changes were presented. For example, the copper price - to - price ratio was 7.84 with a 7.81% change, and the zinc price - to - price ratio was 7.51 with a - 1.05% change. [2] Near - month to Continuous Third - month Spread Indicators - The current spreads of SHFE non - ferrous metals and their changes were shown. For example, the copper spread changed from - 290 yuan/ton to - 950 yuan/ton with a - 660 change. [2]

Core Viewpoint - The USD/CAD exchange rate is experiencing a downward trend followed by a narrow range of fluctuations, with the market awaiting signals from the Bank of Canada to break the current balance [1][4]. Group 1: Exchange Rate Trends - As of January 27, the USD/CAD closed at 1.3716, fluctuating between 1.3700 and 1.3720, having declined from a high of 1.3928 at the beginning of the year [1]. - The exchange rate has tested recent lows, reaching 1.3669 on January 26, indicating a sustained weak consolidation without clear reversal signals [1][3]. - The technical indicators show a balance between bullish and bearish forces, with the price exhibiting a pattern of "not falling but not rising significantly" [3]. Group 2: Bank of Canada Policy Outlook - The Bank of Canada is likely to maintain the benchmark interest rate at 2.25%, with the governor stating that the current rate is at an "appropriate level" [1]. - There is significant divergence among institutions regarding future interest rate movements, with some predicting a 50 basis point increase to 2.75% by year-end, while others anticipate a decrease below 2% [2]. - The ambiguity in policy expectations is limiting clear trading directions in the market, constraining the potential for unilateral price movements [2]. Group 3: Commodity and External Influences - The Canadian dollar's performance is closely tied to international oil prices, which are stabilizing around $61.10, providing direct support to the CAD [2]. - The weakening of the US dollar index, which has fallen to a four-month low, is acting as an external pressure factor on the USD/CAD exchange rate [2]. - The market is currently in a state of indecision, awaiting clarity on the Bank of Canada's policy, oil price trends, and the direction of the US dollar index to determine future movements [4].

摘要北京时间周二(1月27日)亚市盘中，美元指数交投于97.079附近，现货黄金开盘于5011.10美元/盎 司，目前交投于5066.89美元/盎司附近，黄金t+d交投于1137.81元/克附近，沪金主力交投于1142.80元/克 附近。 北京时间周二(1月27日)亚市盘中，美元指数交投于97.079附近，现货黄金开盘于5011.10美元/盎司，目 前交投于5066.89美元/盎司附近，黄金t+d交投于1137.81元/克附近，沪金主力交投于1142.80元/克附近。 上一交易日美元指数收跌0.43%，报97.048，现货黄金收涨0.47%，报5010.08美元/盎司。在现货黄金下 跌之际，其他贵金属涨跌不一：现货白银收涨0.95%，报103.90美元/盎司；现货铂金收跌6.76%，报 2584.70美元/盎司；现货钯金收跌3.66%，至1949.00美元/盎司。 【最新数据一览】 【要闻速递】 1、特朗普：韩国国会仍未批准两国贸易协议，将韩国对等关税税率从15%提高至25%。 2、美媒：特朗普认为伊朗希望达成协议。 3、特朗普将于周二就美国经济发表演讲。 4、预测平台显示1月底前美国政府停摆的概率约为8成。 ...

1月26日，金银价格继续飙升，录得新高。截至北京时间17:00，伦敦现货黄金价格最高升至5110.25美元 ／盎司，伦敦现货白银价格最高触及110.06美元／盎司。受委内瑞拉、伊朗及格陵兰岛局势的扰动，市 场避险情绪升温，将金银价格推至新高。1月27日至28日，年内首场美联储议息会议将召开。美联储大 概率"按兵不动"，"何时具备降息条件"成为市场的关注焦点。 混沌天成期货宏观分析师周蜜儿向记者表示，近期金价上扬可归因于地缘局势变动、美元指数下跌以及 美债抛售预期。她认为，当前市场定价逻辑主要涵盖三个层面：一是委内瑞拉、伊朗及格陵兰岛等地缘 争端，二是美联储新任主席人选的预期，三是美国总统特朗普对欧洲的关税威胁。在这些不确定因素的 作用下，长期货币信用逻辑不断深化，机构对黄金的配置需求预期提升，引发了新一轮上涨行情。 值得注意的是，近期美元指数持续回落，1月26日盘中最低录得96.92点。金瑞期货贵金属研究员吴梓杰 认为，美元指数回落的原因有两方面： 一方面，与风险事件下"美国例外论"的暂时降温有关。本次地缘不确定性上升时，市场资金并未像以往 一样单向涌入美元资产，反而部分转向黄金、瑞士法郎等替代性避险资产，削 ...