Daily Global Market Update

The GBP/USD rose 0.2%, Bitcoin gained 1.2%, crude oil fell 1.7%, and AUD/USD increased 0.3%. Crypto fraud losses dropped 12%, US Q1 economic growth slowed, and oil prices declined. Key releases: Germany's Retail Sales, US Personal Income/Spending, Japan's Construction Orders/Housing Starts, Eurozone's Consumer Prices.

Moneta Markets | 450 days ago

GBP/USD Pair's Slight Gain

The GBP/USD pair saw a slight increase of 0.2% in the last session. The Ultimate Oscillator is currently indicating a positive signal.

Bitcoin's Rally

Bitcoin rose 1.2% against the dollar in the last session, with an intra-session high of 2.6%. The Rate of Change (ROC) indicator is showing a positive signal.

Crude Oil's Decline

The oil-dollar pair declined by 1.7% in the last session. The Stochastic indicator is giving a negative signal, hinting at potential continued downward pressure.

AUD/USD Pair's Modest Rise

The AUD/USD pair increased by 0.3% in the last session. The Rate of Change (ROC) indicator is providing a positive signal.

Global Financial Headlines

Crypto losses from fraud and theft declined by 12% year-on-year, totaling $52 million for the month, down from $59 million last year and a 28% decline from April. The US economy's growth was slower in the first quarter than initially estimated, leading to downward revisions in consumer spending and inflation rates. This may prompt the Federal Reserve to consider rate cuts before year-end. Meanwhile, oil prices dropped for a second consecutive session after reports of weak fuel demand in the US and unexpected rises in gasoline and distillate fuel inventories.

Upcoming Economic Highlights

Today's key economic releases include Germany's Retail Sales at 0600 GMT, the US Personal Income and Spending both at 1230 GMT, Japan's Construction Orders and Housing Starts at 0500 GMT, and the Eurozone's Harmonized Index of Consumer Prices at 0900 GMT.

• Germany's Retail Sales - 0600 GMT

• US Personal Income and Spending - 1230 GMT

• Japan's Construction Orders and Housing Starts - 0500 GMT

• Eurozone's Harmonized Index of Consumer Prices - 0900 GMT

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

GBP/USD: Friday correction after surge

On Friday, the GBP/USD pair declined to 1.3401 after strong gains earlier in the week. The previous rally was triggered by July business activity data, which showed the best performance in a year, mainly supported by the services sector.

RoboForex | 2 days ago

Markets Brace for Powell’s Speech: Gold and Silver Slip, Oil Rallies, Currencies Hold Steady | 22nd August 2025

Markets hold steady ahead of Powell’s Jackson Hole speech, with gold near $3,330 and silver slipping toward $38.00 as Fed cut bets fade. WTI rallies toward $63.50 on strong U.S. demand and supply concerns. AUD/USD stays under pressure near 0.6410 on dollar strength, while USD/CNY steadies around 7.1320 after a firmer PBoC fix. Traders brace for Powell’s policy signals.

Moneta Markets | 2 days ago

ATFX Market Outlook 22nd August 2025

Ahead of Fed Chair Jerome Powell’s speech tonight, three Fed officials poured cold water on expectations of a September rate cut. U.S. PMI data showed stronger business activity in August, but weekly jobless claims posted the most significant increase in nearly three months, highlighting continued labor market weakness.

ATFX | 2 days ago

Eurozone PMI in Focus as Dollar Holds Strong | 21st August 2025

FX markets tread cautiously ahead of Eurozone PMI and FOMC minutes. EUR/USD holds near 1.1650 under dollar pressure, while GBP/USD slips toward 1.3400 on sticky UK inflation. USD/JPY steadies in the mid-147s, EUR/JPY consolidates near 171.70, and USD/CAD hovers at 1.3880 with oil gains offering little relief. Traders eye PMI prints and Fed signals for direction.

Moneta Markets | 3 days ago

ATFX Market Outlook 21st August 2025

The FOMC minutes revealed that only two Fed policymakers supported a rate cut in September. U.S. equities fell on Wednesday, with the Nasdaq and S&P 500 pressured by a tech selloff as investors rotated into lower-valued sectors, while awaiting comments from Fed officials at the Jackson Hole symposium later this week. The Dow edged up 0.04%, the S&P 500 slipped 0.24%, and the Nasdaq lost 0.67%.

ATFX | 3 days ago

AUD/NZD Rallies Amid RBNZ Dovish Cut – Aussie Cross Leads Market Moves | 20th August 2025

AUD/NZD breaks above 1.1000 as the RBNZ’s dovish 25 bp cut highlights policy divergence with the RBA. NZD/USD slips near 0.5850, while AUD/USD softens on China’s steady rates. DXY climbs above 98.00 ahead of FOMC minutes, with Powell’s Jackson Hole speech eyed. WTI dips toward $62.00 on Ukraine peace hopes, keeping geopolitics and central banks in sharp focus.

Moneta Markets | 4 days ago

ATFX Market Outlook 20th August 2025

The U.S. increased tariffs on 407 products, with steel and aluminium duties reaching as high as 50%. U.S. equities declined on Tuesday, with the Nasdaq and S&P 500 pushed lower by technology shares, while investors looked ahead to Fed Chair Jerome Powell’s speech later this week at the central bank’s annual symposium.

ATFX | 4 days ago

GBPUSD keeps August rally on pause

GBPUSD faces low volatility but holds above 50-day SMA. Bearish short-term structure intact; bullish bias could emerge above 1.3655.

XM Group | 5 days ago

EURUSD	1.17215	GBPUSD	1.35266	AUDUSD	0.64914
USDJPY	146.942	USDCAD	1.38264	USDCHF	0.80144