Daily Global Market Update

Bitcoin dipped slightly, while Tesla shares faced overbought conditions. The Aussie dollar and gold showed positive momentum. OPEC's increased oil output and Fed's dovish stance impacted currencies. Cryptocurrency exchanges thrived in 2024, with Binance leading. Key economic events include Japan's labor earnings, US retail sales, UK's BRC sales, Eurozone's GDP, and Germany's industrial production.

Moneta Markets | 288 days ago

Bitcoin's Minor Decline

Bitcoin dipped slightly by 0.1% against the dollar in the last trading session. The Williams Percent Range indicator is currently signalling a negative trend.

Tesla Shares Face Overbought Conditions

Tesla shares dropped by 0.6% in the last session. The Commodity Channel Index (CCI) suggests the market is in an overbought condition.

Aussie Dollar's Positive Momentum

The AUD/USD pair rose by 0.2% in the last session. The MACD is giving a positive signal, indicating potential bullish momentum.

Gold's Minor Upward Correction

The gold-dollar pair experienced a slight rise of 0.1% in the last session. The MACD is indicating a positive trend, reflecting bullish sentiment in the market.

Key Market Highlights

OPEC oil output increased for the second consecutive month, driven by Libya's production recovery amidst resolved political tensions. Sterling strengthened against the dollar following dovish comments by the Federal Reserve, while the euro held steady due to ongoing political uncertainty in France. Cryptocurrency exchanges saw significant growth in 2024, with Binance leading the surge in average daily Bitcoin deposits, outpacing Kraken and Coinbase.

Upcoming Economic Events

Traders should keep an eye on the following economic updates:

• Japan's Labour Cash Earnings - 2330 GMT

• US Red Book Index - 1355 GMT

• UK's BRC Retail Sales - 0001 GMT

• Eurozone's GDP Growth - 1000 GMT

• Germany's Industrial Production - 0700 GMT

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Tags: Analysis AUDUSD

Currencies Steady Ahead of Fed; UK CPI Holds, Oil Pressured | 17th September 2025

Markets traded cautiously Wednesday as traders awaited the Fed’s rate decision. EUR/USD slipped near 1.1850, NZD/USD retreated below 0.6000, and AUD/USD stayed subdued. WTI crude came under renewed pressure, while UK CPI eased slightly to 3.8%, keeping BoE policy in focus. Volatility is expected to rise as Fed, ECB, and BoE updates drive direction across FX and commodities.

Moneta Markets | 1 day ago

AUDUSD climbs, but overbought signals raise caution

AUDUSD unlocks new 10-month high; 200-weekly SMA may pause upside move; RSI looks overstretched and MACD rises

XM Group | 2 days ago

Markets on Edge Ahead of Fed: Gold Soars, Dollar Mixed, Majors React | 16th September 2025

Gold surged near record highs on Fed cut bets, while the dollar traded mixed. GBP/USD steadied ahead of UK jobs data, and USD/JPY slipped as BoJ rate hike expectations boosted the yen. AUD/USD weakened on China concerns despite a softer USD, while USD/CAD fell with oil-driven CAD strength. Traders eye Fed, BoJ, and UK labor data for direction.

Moneta Markets | 2 days ago

Markets Steady Ahead of Fed: Silver Shines, Oil Edges Up, Majors Hold Gains | 15th September 2025

Markets steadied as traders await the Fed’s policy decision. Silver extended gains above $42 on safe-haven demand, while EUR/USD and GBP/USD held near key levels. WTI crude hovered around $62.70, capped by oversupply concerns despite geopolitical support. AUD/USD found footing as bets on further RBA cuts eased. All eyes now turn to the Fed for direction.

Moneta Markets | 3 days ago

Oil Slides, Dollar Strengthens as Markets Weigh Demand Outlook | 12th September 2025

Oil slumped below $62 on demand worries, while the USD strengthened, pressuring NZD, AUD, and CAD. USD/JPY held steady after the U.S.–Japan FX stability pact. Traders eye U.S. Michigan Sentiment data for fresh Fed cues, with risks skewed to USD resilience and further commodity weakness.

Moneta Markets | 6 days ago

US CPI in Focus: Dollar Steadies, Gold Shines, Majors Await Clarity | 11th September 2025

Markets await the US CPI release, with expectations of rising inflation amid tariffs. The dollar remains rangebound, gold nears $3,650, and silver hovers above $41 on safe-haven flows. GBP/USD and AUD/USD consolidate as traders weigh Fed rate cut bets. CPI outcomes will likely dictate near-term FX and precious metal moves.

Moneta Markets | 7 days ago

Dollar Stays Subdued on Fed Cut Bets; Gold Shines, EUR and AUD in Focus | 10th September 2025

Gold regained strength near $3,620 as Fed rate cut bets and safe-haven demand supported precious metals, while silver edged toward $41.00. The US Dollar Index stayed capped below 98.00 after weak NFP revisions, with EUR/USD slipping to 1.1700. AUD/USD held above 0.6650 on firmer commodities. Traders now eye U.S. CPI/PPI data and Fed guidance to set the next market direction.

Moneta Markets | 8 days ago

Is AUDUSD ready to thrive after monthly pause?

AUDUSD bulls resurface, test long-term resistance. Short-term risk titled to the upside. Buyers need a close above 0.6600.

XM Group | 9 days ago

EURUSD	1.17967	GBPUSD	1.35958	AUDUSD	0.66322
USDJPY	147.779	USDCAD	1.37854	USDCHF	0.79096