Daily Global Market Update

GBP/USD sideways, bullish CCI. Bitcoin -0.7%, bearish Ultimate Oscillator. Oil +0.3%, bearish Stochastic. AUD/USD stable, bullish ROC. Crypto thefts $1.5B in 2023, German inflation steady. Oil prices rise due to Middle East tensions and OPEC+ delays. Key events: Japan Household Spending, US Consumer Confidence, Eurozone GDP, UK Manufacturing PMI, OPEC Meeting Results.

Moneta Markets | 163日前

Pound's Sideways Movement

The GBP/USD pair traded sideways in the last session. The Commodity Channel Index (CCI) is giving a positive signal, indicating potential bullish momentum.

Bitcoin's Negative Momentum

Bitcoin paired with the dollar dropped by 0.7% in the last session. The Ultimate Oscillator is giving a negative signal, aligning with bearish sentiment.

Oil's Modest Gain

The price of oil gained 0.3% against the dollar in the last session. The Stochastic indicator is giving a negative signal, suggesting a possible bearish reversal.

Aussie's Stable Performance

The AUD/USD pair remained largely unchanged during the last session. The Rate of Change (ROC) is giving a positive signal, suggesting potential upward momentum.

Global Financial Headlines

Cryptocurrency hackers have reportedly stolen $1.5 billion in 2023, with $71 million stolen in November alone. Meanwhile, German annual inflation remained flat at 2.4% in November, breaking a downward trend. Oil prices edged higher following tensions in the Middle East and OPEC+ delays in extending production cuts.

Upcoming Economic Highlights

Key economic events to monitor include:

• Japan's Household Spending Data - 2330 GMT

• US Consumer Confidence Index - 1400 GMT

• Eurozone GDP Growth Rate - 1000 GMT

• UK Manufacturing PMI - 0930 GMT

• OPEC Meeting Results

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

GBPUSD Analysis: Pound Potentially Form a Head & Shoulders

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the GBPUSD for May 8th, 2025.

Ultima Markets | 3日前

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日前

GBPUSD shows bullish spark, but key resistance nearby

GBPUSD sends mixed signals near key support area of 1.3250. Bulls need a decisive close above 1.3285.

XM Group | 5日前

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日前

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日前

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日前

AUD/USD in a range: Is a bullish breakout next?

AUD/USD extends sideways move within 0.6340-0.6448 area. Key resistance levels in focus as bullish breakout still likely.

XM Group | 9日前

Daily Market Update: May 2, 2025

Global financial markets on May 2, 2025, are bracing for the US Nonfarm Payrolls (NFP) report, with expectations of moderated job growth at 130K amid economic uncertainty.

Moneta Markets | 9日前

EURUSD	1.12131	GBPUSD	1.32678	AUDUSD	0.64207
USDJPY	146.144	USDCAD	1.39055	USDCHF	0.83415