Daily Global Market Update

The Euro is gaining strength, while the Yen is weakening. Gold is correcting upwards, and Alibaba stock is dipping. The Canadian dollar is recovering, but Wall Street is down. Key economic events include Canadian GDP, US inflation, Eurozone consumer confidence, and UK retail sales.

Moneta Markets | 164天前

Euro's Positive Momentum

The EUR/USD pair rose by 0.7% in the last trading session, with the RSI giving a positive signal, suggesting further bullish momentum.

Yen Weakens Further

The USD/JPY pair fell by 1.3% in the last session, following a 1.6% drop in the previous session. The ROC indicator is currently signalling a negative trend, pointing to continued weakness.

Gold's Steady Correction

The Gold/USD pair saw a minor upward correction in the last session, gaining 0.2%. The Stochastic indicator is providing a positive signal, supporting potential gains in the short term.

Alibaba Stock Dips

Alibaba stock fell by 0.1% in the last session. The ROC indicator is showing a negative signal, suggesting a bearish outlook.

World Financial News

The Canadian dollar continued its recovery from a 4.5-year low as investors speculated on a successful negotiation to avoid US trade tariffs and awaited domestic GDP data. Meanwhile, Wall Street's main indices declined, with the NASDAQ leading losses as technology stocks slumped ahead of Thanksgiving. US consumer spending rose slightly more than expected in October, maintaining solid economic momentum, but inflation progress appeared stalled.

Upcoming Economic Highlights

Key economic events include:

• Canada GDP Data

• US Inflation Figures

• Eurozone Consumer Confidence

• UK Retail Sales Report

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

USDJPY remains exposed to bearish trend

USDJPY erases gains, shifts spotlight to bearish trajectory. Resistance at 144.23, support at 141.60.

XM Group | 4天前

Tariffs Ignite Safe-Haven Rally

Global financial markets on May 6, 2025, are stabilizing as investors await the Federal Reserve’s two-day FOMC meeting, with major currency pairs trading in tight ranges. Gold and silver rally on safe-haven demand driven by Trump’s new tariff threats and Middle East tensions, while the US Dollar holds steady despite recent weakness.

Moneta Markets | 5天前

Japanese yen halts gains as US trade negotiations return to the spotlight

USD/JPY had an opportunity to correct after two consecutive days of decline, with Tuesday’s trading centred around 143.78.

RoboForex | 5天前

ATFX Market Outlook 6th May 2025

U.S. ISM Services PMI for April indicated accelerated expansion. However, the input prices index surged to its highest level in over two years, highlighting rising inflationary pressures likely stemming from tariffs. U.S. Treasury yields inched higher, while the dollar weakened against major currencies like the euro and yen as markets assessed the ongoing uncertainty surrounding President Trump’s

ATFX | 5天前

USDJPY, GBPUSD, Oil

Fed policy meeting to leave rates on hold; Will USDJPY recover ground?; BoC to cut rates by 25bps; GBPUSD ticks up; OPEC+ speeds up increases; WTI opens with bearish gap

XM Group | 6天前

EUR/USD tests key support in bid for upside

EUR/USD meets familiar support and returns above 1.1300. Technical Signals don’t yet confirm a meaningful rally. Sellers may stay on the sidelines until price falls below 1.1200.

XM Group | 6天前

ATFX Market Outlook 5th May 2025

Last Friday, the April Nonfarm Payrolls report in the U.S. surpassed expectations, indicating a resilient labor market. However, signs of slowing economic momentum, such as a contraction in Q1 GDP and rising jobless claims, raised concerns about a broader slowdown.

ATFX | 6天前

ATFX Market Outlook 2nd May 2025

Markets rallied overnight on upbeat sentiment. The U.S. Dollar Index extended gains for a third session, reclaiming the 100 mark to close at 100.18, supported by optimism over trade talks and stronger-than-expected ISM manufacturing data. U.S. Treasury yields climbed across the curve, with the 10-year yield at 4.221% and the 2-year at 3.709%.

ATFX | 9天前

EURUSD	1.12158	GBPUSD	1.32638	AUDUSD	0.64208
USDJPY	146.155	USDCAD	1.39133	USDCHF	0.83419