Daily Global Market Update

The GBP/USD traded sideways with a positive trend signal, while Bitcoin fell 1.2%, showing a negative ROC. US Crude dropped 1.9% but showed positive momentum, and the AUD/USD dipped 0.2% with a positive CCI. Coinbase reintroduced Bitcoin-backed loans, US retail sales rose, and gold hit a one-month high. Key economic updates include Japan's investment data and UK's retail sales.

Moneta Markets | 234 days ago

Pound's Sideways Movement

The GBP/USD pair traded sideways during the last session. The Stochastic RSI indicator is signalling a positive trend.

Bitcoin's Decline

Bitcoin paired with the dollar declined by 1.2% in the last session after experiencing a 3.1% intra-session dip. The Rate of Change (ROC) indicator is showing a negative signal.

Oil's Plunge

The US Crude Oil pair dropped by 1.9% in the last session. The Stochastic indicator is signalling a positive trend.

Aussie's Minor Dip

The AUD/USD pair dipped slightly by 0.2% in the last session. The Commodity Channel Index (CCI) is giving a positive signal.

Global Financial News

Coinbase has reintroduced Bitcoin-backed loans in the United States, allowing users to borrow against their digital assets. This service enables account holders, excluding New York residents, to borrow up to $100,000 in USD Coin using Bitcoin as collateral.

US retail sales showed a robust increase in December, reflecting strong consumer demand. Meanwhile, gold prices rose to a one-month high due to reduced treasury yields, aligning with expectations of a more dovish Federal Reserve policy.

Upcoming Economic Highlights

• Japan's CFTC JPY NC Net Positions - 2030 GMT

• Eurozone's Current Account - 9 GMT

• Japan's Foreign Investment in Japan Stocks - 2350 GMT

• Austrian HICP - 8 GMT

• UK's Retail Sales - 7 GMT

• UK's CFTC GBP NC Net Positions - 2030 GMT

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Gold Nears $3,600 as Fed Cut Bets Drive Markets | 8th September 2025

Gold pushed toward $3,600 and silver held near $40.50 as weak US jobs data boosted Fed rate cut bets and pressured the dollar. AUD steadied on strong China trade data, while GBP stayed below 1.3500 and EUR held above 1.1700. Markets remain data-driven, with US inflation, Eurozone GDP, and Fed commentary key for next moves.

Moneta Markets | 9h 6min ago

Pound Steadies as Markets Await Key US Data

The GBP/USD pair found stability on Friday, trading around 1.3453 as anxiety in the debt markets eased. Investor attention has shifted firmly to the upcoming US non-farm payrolls report, with softer US labour data reinforcing expectations of a Federal Reserve rate cut by year-end.

RoboForex | 3 days ago

Pound in Focus Ahead of UK Retail Sales as Majors Brace for Data | 5th September 2025

FX markets eye UK Retail Sales for GBP/USD direction, with data seen softer but key before NFP. EUR/USD holds above 1.1650 ahead of Eurozone GDP, while USD/JPY stays heavy near 147.00 on Fed cut bets and strong JPY data. DXY weakens toward 98.00; USD/CAD slips to 1.3800 as oil steadies. Volatility likely as data drives sentiment.

Moneta Markets | 3 days ago

Yen Weakens on BoJ Uncertainty as Kiwi and Aussie Hold Firm | 4th September 2025

The Yen weakened on BoJ ambiguity and political risks, while the Kiwi firmed above 0.5850 on soft US labor data. AUD steadied on strong trade surplus, and AUD/JPY hovered near 97.00 with a bullish bias. EUR/USD stayed near 1.1650 ahead of retail sales, and USD/JPY held above 147.00. Markets eye US jobs data and Eurozone figures for fresh direction.

Moneta Markets | 4 days ago

ATFX Market Outlook 4th September 2025

The Federal Reserve’s Beige Book indicated that overall economic activity was largely unchanged, with tariffs continuing to weigh on both businesses and households. Meanwhile, the JOLTS report showed a pronounced decline in job openings and an uptick in layoffs. Several FED officials reiterated that labor market conditions remain the primary driver behind their expectation of future rate cuts.

ATFX | 4 days ago

GBP/USD Tumbles: Investors Lose Confidence in UK Fiscal Sustainability

The GBP/USD pair declined to 1.3366 on Wednesday, reflecting intensified selling pressure on the pound. Sterling’s weakness stems from a sharp rise in UK government bond yields and broader global concerns regarding fiscal stability.

RoboForex | 5 days ago

ATFX Market Outlook 3rd September 2025

U.S. stocks closed lower on Tuesday, with the U.S. manufacturing sector contracting for the sixth consecutive month in August, as investors assessed the outlook for President Trump's tariff policy after a federal appeals court ruled that most of his broadly imposed tariffs were illegal. Investors also awaited Friday's monthly U.S. jobs report.

ATFX | 5 days ago

Debt market drives currencies again: sterling is the victim of the day

Expert market comment made by Chief Market Analyst Alex Kuptsikevich of the FxPro Analyst Team: Debt market drives currencies again: sterling is the victim of the day

FxPro | 6 days ago

EURUSD	1.17473	GBPUSD	1.35407	AUDUSD	0.65871
USDJPY	147.62	USDCAD	1.38228	USDCHF	0.79352