Daily Global Market Update

EUR/USD down, Stochastic RSI signals decline. Gold sideways, overbought. GBP/USD -0.3%, conflicts with analysis. Bitcoin +5%, positive Stochastic RSI. S&P 500, NASDAQ slight declines, awaiting data. UK's FCA approves crypto ETNs. Reddit targets $6.4B IPO. Economic highlights: US CPI, budget, Germany's HICP, Eurozone ECOFIN, UK labor.

Moneta Markets | 484 days ago

Euro Dollar Pair's Minor Correction

The EUR/USD pair experienced a slight decline of 0.1% in the last session. The Stochastic RSI indicates a negative signal, suggesting downward pressure may continue.

Gold-Dollar Pair Trades Sideways

The gold-dollar pair remained mostly unchanged in the last session. The Williams %R indicator signals an overbought market, hinting at potential shifts.

Pound Experiences Decline Against Dollar

The GBP/USD pair fell by 0.3% in the last session. Despite the Stochastic RSI's negative signal, this contradicts our overall technical analysis.

Bitcoin's Remarkable Surge

The Bitcoin-dollar pair saw a significant increase, soaring by 5% in the last session. The Stochastic RSI's positive signal aligns with the bullish momentum.

Global Financial Headlines

The S&P 500 and NASDAQ showed slight declines as investors await consumer and producer price data, hoping it will shed light on the Federal Reserve's interest rate decisions. The UK's Financial Conduct Authority approved the launch of crypto-backed exchange-traded notes for professional investors. Meanwhile, Reddit targets a valuation of up to $6.4 billion in its forthcoming US IPO, marking one of the most anticipated market debuts recently.

Upcoming Economic Highlights

Today's major economic releases include:

• US Consumer Price Index - 12:30 GMT

• US Monthly Budget Statement - 18:00 GMT

• Germany's Harmonized Index of Consumer Prices - 07:00 GMT

• Eurozone's ECOFIN Meeting - 07:00 GMT

• UK's ILO Unemployment Rate - 07:00 GMT

• UK's Employment Change - 07:00 GMT

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

ATFX Market Outlook 9th July 2025

On Tuesday, U.S. President Donald Trump escalated the global trade war by announcing a 50% tariff on imported copper and reiterated that long-threatened tariffs on semiconductors and pharmaceuticals are also imminent. U.S. equities ended mixed as investors awaited further clarity on trade policy. The Dow Jones Industrial Average fell 0.37%, the S&P 500 dipped 0.07%, while the Nasdaq edged up 0.03%

ATFX | 3h 51min ago

EUR/USD Declines as Markets Await US Tariff Developments

The EUR/USD pair dropped to 1.1746 on Tuesday, with the US dollar holding a slight edge before correcting. The greenback faced pressure after Donald Trump announced new tariffs on 14 countries that have yet to secure trade agreements with the US.

RoboForex | 1 day ago

ATFX Market Outlook 8th July 2025

U.S. President Trump signed an order delaying “reciprocal” tariffs from July 9 to August 1 and warned of steep hikes from that date, escalating trade tensions. U.S. stocks closed sharply lower, with the Dow down 0.94%, the S&P 500 falling 0.79%, and the Nasdaq dropping 0.92%. Tesla also tumbled after Elon Musk announced plans to launch a new political party.

ATFX | 1 day ago

Gold Struggles for Direction as Risk Mood Sours | 7th July, 2025

On July 7, gold slips below $3,350 as the USD strengthens and traders take profit amid tariff-related jitters. Silver lingers under $37. EUR/USD and NZD/USD retreat on weak sentiment, while USD/CAD rises above 1.3900 as oil weakens. Markets brace for key data including US CPI and Eurozone retail sales, with Fed speeches also in focus.

Moneta Markets | 2 days ago

ATFX Market Outlook 7th July 2025

U.S. dollar weakened against major currencies after President Trump’s landmark tax cut bill was passed, amid mounting pressure on countries to strike trade deals with Washington. As markets brace for the July 9 tariff deadline—targeting countries like Japan that have yet to reach agreements—the dollar index slipped 0.1% to 96.92.

ATFX | 2 days ago

Dollar Mixed as Tariff Tensions Rise and Jobs Data Buoys Fed Outlook | 4th July, 2025

On July 4, strong U.S. jobs data boosts the dollar, but Trump’s tariff warning sparks trade uncertainty. USD/CAD dips near 1.3600 as oil rebounds; AUD/USD slips below 0.6650. NZD/USD holds near 0.6050, GBP/USD steadies at 1.3650, and USD/CNY stays firm as PBOC signals caution. Markets eye ISM data and tariff updates for next moves.

Moneta Markets | 5 days ago

ATFX Market Outlook 4th July 2025

The U.S. economy added 147,000 jobs in June, beating expectations of 110,000, while the unemployment rate fell to 4.1%. Traders are now betting that the Fed is unlikely to cut rates before September. Meanwhile, the House narrowly passed Trump's major fiscal bill by a vote of 218 to 214. U.S. stocks rallied on Thursday, hitting fresh record highs.

ATFX | 5 days ago

Rate Shifts Steer FX Markets as Silver Holds Strong

On July 3, silver stays firm above $35.40 as Fed cut bets persist. EUR/USD holds near 1.1800, while GBP/USD lingers near 1.3585 ahead of UK jobs data. JPY strengthens after BoJ signals a hawkish pause. AUD/USD slips on weak trade surplus. Focus turns to US NFP and ISM data for market direction before the US holiday break.

Moneta Markets | 6 days ago

EURUSD	1.17049	GBPUSD	1.35931	AUDUSD	0.65214
USDJPY	146.663	USDCAD	1.36974	USDCHF	0.79624