Daily Global Market Update

Gold fell 0.7%, Euro corrected up 0.1%, Pound rose 0.2%, Bitcoin surged 6.8%, global shares dipped awaiting US inflation; upcoming: Japan's Labor Cash Earnings and Eurozone's Unemployment Rate.

Moneta Markets | 499 days ago

Gold's Decline in the Market

Gold fell by 0.7% against the dollar in the last trading session. The Stochastic RSI indicates that the market is currently oversold.

Euro's Upward Correction

The EUR/USD pair saw a minor upward correction, gaining 0.1% in the last session. The MACD is currently signaling a negative trend.

Pound's Positive Outlook

The GBP/USD pair experienced a minor upward correction, rising 0.2% in the last session. The Williams Percent Range indicator is giving a positive signal.

Bitcoin's Significant Rise

Bitcoin paired with the dollar, soared by 6.8% in the last session. The MACD is indicating a positive signal, aligning with our overall technical analysis.

Global Financial Headlines

Global shares have slightly declined as investors await US inflation data and a corporate reporting season. Litecoin has emerged as the most utilized cryptocurrency for payments, according to bidpay. In a major renewable energy deal, South Korea's Q sales is set to supply Microsoft with American-made solar panels.

Upcoming Economic Highlights

Key economic events to look out for include:

• Japan's Labor Cash Earnings - 2330 GMT

• US Red Book Index - 1355 GMT

• UK's BRC Retail Sales - 0001 GMT

• Japan's Overall Household Spending - 2330 GMT

• Eurozone's Unemployment Rate - 1000 GMT

• Germany's Industrial Production - 0700 GMT

Regulation: FSA (Seychelles), FSCA (South Africa)

EURUSD tactical retreat ahead of 1.25 spurt

Expert market comment made by Chief Market Analyst Alex Kuptsikevich of the FxPro Analyst Team: EURUSD tactical retreat ahead of 1.25 spurt

FxPro | 7h 7min ago

Pound Falls, Euro Dips: May 22, 2025

Global financial markets on May 22, 2025, are shaped by persistent US fiscal concerns, mixed economic data, and geopolitical uncertainties. Hot UK inflation (3.5% YoY) lifts GBP/USD near a three-year high, while weak Eurozone PMI data (Composite 49.5) pressures EUR/USD and EUR/JPY.

Moneta Markets | 9h 18min ago

Weak eurozone PMI cementing the resistance area near 1.1300

Expert market comment made by Chief Market Analyst Alex Kuptsikevich of the FxPro Analyst Team: Weak eurozone PMI cementing the resistance area near 1.1300

FxPro | 10h 58min ago

Sterling Strengthens Weak US Dollar and UK Inflation Provide Support

The GBP/USD pair continues its upward trajectory, reaching 1.3429 by Thursday. It is now trading just below yesterday’s peak, its highest level since February 2022.

RoboForex | 12h 38min ago

UK’s inflation surge puts BoE closer to Fed

Expert market comment made by Chief Market Analyst Alex Kuptsikevich of the FxPro Analyst Team: UK’s inflation surge puts BoE closer to Fed

FxPro | 1 day ago

Big Calls and Bigger Shifts: Inside Week 11 of EBC’s Million Dollar Trading Challenge II

EBC’s Million Dollar Trading Challenge II heats up with bold trades, strong risk management, and rising stars pushing limits for a thrilling finale ahead.

EBC Financial Group | 1 day ago

ATFX Market Outlook 21st May 2025

On Tuesday, Federal Reserve officials warned that U.S. tariff hikes could drive prices higher, though it remains unclear whether the impact on inflation will be short-lived or persistent. U.S. stocks declined, ending the S&P 500’s six-day rally, as rising Treasury yields and concerns over sovereign debt weighed on market sentiment.

ATFX | 1 day ago

Dollar Falls, Pound Gains: May 15, 2025

Global financial markets on May 20, 2025, are driven by central bank actions and geopolitical developments, with focus on the RBA’s press conference post-rate cut, PBoC’s LPR reduction, and potential Russia-Ukraine ceasefire talks.

Moneta Markets | 2 days ago

EURUSD	1.12791	GBPUSD	1.3409	AUDUSD	0.64078
USDJPY	143.997	USDCAD	1.38539	USDCHF	0.8288