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US Dollar: Ultimate Safe Haven, Non-Farm Payrolls Take Back Seat
BlockBeats News, March 7th, the dollar is experiencing its best week in over a year, strengthening as the ultimate safe haven amid the Middle East conflict and surging oil prices. As of press time, the spot dollar index has risen by 1.5% this week, marking the largest gain since the end of 2024.
Hostile actions are disrupting oil production and shipping, intensifying inflation concerns for the Fed and other central banks. This has led traders to scale back bets on a Fed rate cut, further boosting the dollar. Making the economic backdrop more complex, a report on Friday showed U.S. employers cut positions unexpectedly last month.
However, as the focus is mainly on energy prices, this data only briefly weighed on the dollar, which quickly resumed its upward momentum, with the 10-year benchmark bond yield climbing for the fifth consecutive day.
Alex Cohen, FX strategist at Bank of America, said: "In this environment, the market is seeing through the soft data as ongoing uncertainty and record-high oil prices are overwhelmingly the dominant driving forces." (FX168)
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WEEX P2P update: Country/region restrictions for ad posting
To improve ad security and matching accuracy, WEEX P2P now allows advertisers to restrict who can trade with their ads based on country or region. Advertisers can select preferred counterparty locations for a safer, smoother trading experience.
I. Overview
When publishing P2P ads, advertisers can now set the following:
Allow only counterparties from selected countries or regions to trade with your ads.
With this feature, you can:
Target specific user groups more precisely.Reduce cross-region trading risks.Improve order matching quality.
II. Applicable scenarios
The following are some common scenarios:
Restrict payment methods: Limit orders to users in your country using supported local banks or wallets.Risk control: Avoid trading with users from high-risk regions.Operational strategy: Tailor ads to specific markets.
III. How to get started
On the ad posting page, find "Trading requirements":
Select "Trade with users from selected countries or regions only".Then select the countries or regions to add to the allowlist.Use the search box to quickly find a country or region.Once your settings are complete, submit the ad to apply the restrictions.
When an advertiser enables the "Country/Region Restriction" feature, users who do not meet the criteria will be blocked when placing an order and will see the following prompt:
If you encounter this issue when placing an order as a regular user, try the following solutions.
Choose another ad: Select ads that do not restrict your country/region, or ads that allow users from your location.Show local ads only: Prioritize ads available in the same country as your identity verification.
IV. Benefits
Compared with ads without country/region restrictions, this feature provides the following improvements.
Aspect
Improvement
Trading security
Reduces abnormal orders and fraud risk
Conversion efficiency
Matches ads with more relevant users
Order completion rate
Reduces failures caused by incompatible payment methods
V. FAQ
Q1: Why are some users not able to place orders on my ad?
A1: Their country or region may not be included in your allowlist.
Q2: Can I select multiple countries or regions when setting the restriction?
A2: Yes, multiple selections are supported.
Q3: Can I edit my published ads?
A3: Yes. You can edit your ad in the "My Ads" list. Changes will take effect immediately after saving.
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