Daily Global Market Update

Gold dropped 0.6%, Euro and Pound traded sideways. Bitcoin dipped slightly. Gold and currency indicators are negative, Bitcoin's positive. Key economic data due today: US Red Book Index, Existing Home Sales, and Eurozone Consumer Confidence.
Moneta Markets | 471 days ago
Stocktwits

Gold's Recent Dip

Gold experienced a decrease of 0.6% against the dollar in the last session. The Rate of Change (ROC) indicator is giving a negative signal.

 

 

Euro Dollar's Market Stance

The Euro/Dollar pair traded sideways in the last session. The Rate of Change (ROC) indicator is giving a negative signal.

 

 

Pound Dollar's Unchanged Position

The Pound/Dollar pair also traded sideways in the last session. The Ultimate Oscillator is giving a negative signal.

 

 

Bitcoin's Slight Dip

Bitcoin dipped a slight 0.2% against the dollar in the last session. The Relative Strength Index (RSI) is giving a positive signal.

 

 

Upcoming Economic Events

 

Today's major economic events include the release of the US Red Book Index and Existing Home Sales, along with Eurozone's Consumer Confidence index. Timings are scheduled as per GMT.

• US Red Book Index - 12:55 GMT

• US Existing Home Sales - 14:00 GMT

• Eurozone's Consumer Confidence - 14:00 GMT

Moneta Markets
4.7
176 reviews
Type: STP, ECN
Regulation: FCA (UK), FSA (Seychelles), FSCA (South Africa)
Tags: Analysis
Stocktwits
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The pound fears the Bank of England

The pound fears the Bank of England

• The dollar risks weakening due to the stock market. • The Supreme Court calls tariffs taxes. • The pound fears a reduction in the repo rate. • Wage data does not help the yen.
FxPro | 2h 17min ago
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