Analysis

Eyes on Today’s BoE Policy Decision

Eyes on Today’s BoE Policy Decision

The Federal Reserve's monetary policy decision was announced yesterday, aligning with market expectations for a more aggressive rate cut. This bold move sparked significant volatility in the market, with the Dollar Index (DXY) fluctuating by over 1% during the event.
PU Prime | 40 minutes ago
Daily Global Market Update

Daily Global Market Update

The EUR/USD pair remained stable, while the USD/JPY pair saw a minor upward correction. Gold fell against the dollar, and NIO shares plummeted. The Federal Reserve cut interest rates by half a percentage point, leading to a drop in the dollar and modest losses in US stocks.
Moneta Markets | 1h 44min ago
Daily Comment – Let the Fed rate cuts begin

Daily Comment – Let the Fed rate cuts begin

Dollar trades indecisively ahead of important Fed decision - Investors assign a strong 60% chance for a 50bps cut - Wall Street and gold traders also on the edge of their seats - Pound rebounds on sticky UK inflation
XM Group | 21h 21min ago
USDJPY poised for a new bullish wave; will it succeed?

USDJPY poised for a new bullish wave; will it succeed?

USDJPY sets the ground for a bullish reversal, but it's still trapped below key resistance. Technical signals cannot rule out more bearish actions; sellers wait below 140. Fed to deliver its first rate cut in four years at 18:00 GMT.
XM Group | 21h 57min ago
All Eyes on Fed’s Policy Today

All Eyes on Fed’s Policy Today

The financial spotlight today is on the FOMC interest rate decision and Jerome Powell's speech, both highly anticipated by global markets. The futures and bond markets are positioning for a larger-than-usual rate cut, exceeding the standard 25 bps.
PU Prime | 1 day ago
Daily Global Market Update

Daily Global Market Update

Bitcoin and Nike shares surged, while gold and the Australian Dollar remained relatively stable. Oil prices rose due to supply disruptions and potential Fed rate cuts. The US dollar strengthened following strong retail sales data. Tether's USDT reached $1 billion on TON network.
Moneta Markets | 1 day ago
Daily Global Market Update

Daily Global Market Update

Gold, Euro, and Pound saw minor gains, while Bitcoin experienced a sharp decline. The CCI indicates overbought conditions for Gold and Pound, while the MACD signals a negative trend for the Euro. Technology stocks weighed on major US indices, and Tether's stablecoin dominance increased.
Moneta Markets | 2 days ago