Daily Global Market Update

EUR/USD down 1%, USD/JPY up 0.9%. Gold-dollar fell 0.8%, Apple shares down 0.6%. Dollar strengthened broadly, reaching highest vs. yen since mid-1990 post-US inflation. Key releases: US Jobless Claims, Italy's Industrial Output, Aus Consumer Inflation, US Producer Price Index, Eurozone's Eurogroup Meeting.

Moneta Markets | 449 days ago

Euro Dollar Pair's Movement

The EUR/USD pair declined by 1% in the last session. The Ultimate Oscillator is indicating a negative signal, aligning with our overall technical analysis.

Dollar Yen Pair's Movement

The USD/JPY pair rose by 0.9% in the last session. The Stochastic indicator is giving a positive signal.

Gold Dollar Pair's Movement

The gold-dollar pair dropped by 0.8% in the last session. The Williams indicator indicates an overbought market.

Apple Shares' Movement

Apple shares dropped by 0.6% in the last session. According to the Stochastic RSI, we are in an oversold market.

Market News Highlights

The dollar rose across the board, particularly against the Japanese yen, reaching its highest level since mid-1990 after US inflation rose more than expected in March. This pushed out the expected timing of a first rate cut to September from June. US stocks tumbled to a lower close after hotter than expected inflation data dampened hopes of an early Federal Reserve interest rate cut. Gold prices held steady near a record high as a mix of emerging inflationary risks and geopolitical tensions supported the safe-haven metal.

Upcoming Economic Events

Here are today's key economic releases:

• US Initial Jobless Claims - 12:30 p.m. GMT

• Italy's Industrial Output - 8:00 a.m. GMT

• US Continuing Jobless Claims - 12:30 p.m. GMT

• Australia's Consumer Inflation Expectations - 1:00 a.m. GMT

• US Producer Price Index - 12:30 p.m. GMT

• Eurozone's Eurogroup Meeting - 7:00 a.m. GMT

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

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 | 1 day 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 | 2 days ago

ATFX Market Outlook 3rd July 2025

Wednesday’s ADP report showed a surprise decline of 33,000 private-sector jobs in June, marking the first contraction since March 2023 as economic uncertainty weighed on hiring. U.S. equities surged, with the S&P 500 and Nasdaq closing at record highs, driven by gains in tech stocks and relief following the U.S.–Vietnam trade agreement, which eased concerns over prolonged trade tensions

ATFX | 2 days ago

Dollar Rebounds, Risk FX Holds Strong | 2nd July, 2025

On July 2, the USD stabilizes as Fed rate cut bets build. GBP/USD nears 1.3750 highs, NZD/USD extends above 0.6120, and AUD/USD holds near 0.6820 despite soft retail sales. USD/JPY recovers to 146.20, while silver dips below $36. Markets await US labor data and Fed remarks for direction ahead of July 4.

Moneta Markets | 3 days ago

ATFX Market Outlook 2nd July 2025

Fed Chairman Powell emphasised the need for more data before considering interest rate cuts, with a July cut still a possibility. On Tuesday, the Nasdaq and S&P 500 closed lower due to weakness in large tech stocks, with the Nasdaq down 0.82% and the S&P 500 down 0.11%. In contrast, the Dow rose by 0.91% amid volatile trading and low liquidity.

ATFX | 3 days ago

EURUSD hits another milestone

EURUSD upgrades short-term outlook as non-stop rally reaches 1.1800. Technical picture reflects cooling buying interest.

XM Group | 3 days ago

WTI Slides as Geopolitical Risks Ease | 1st July, 2025

WTI dips below $64.50 as Middle East tensions ease, dampening supply fears. Silver struggles under $36, while AUD and NZD stay muted on weak China PMI. USD/JPY steadies near 145.90, and the yen holds gains on USD weakness. Traders now eye US ISM PMI and Fed minutes for clues on policy and market direction.

Moneta Markets | 4 days ago

US500, EURUSD, USDJPY

New record high for US 500 amid relief rally; Eurozone preliminary CPI to be within ECB’s target; EURUSD hits 4-year high; US NFP report the highlight of the week; USDJPY eases

XM Group | 4 days ago

EURUSD	1.17788	GBPUSD	1.36532	AUDUSD	0.65507
USDJPY	144.479	USDCAD	1.36033	USDCHF	0.79342