EBC Daily Snapshot Aug 22, 2024

The dollar hovered near one-year lows as Fed minutes signaled upcoming rate cuts. Many officials noted that US payroll gains might be overstated.

Regulation: FCA (UK), ASIC (Australia), CIMA (Cayman Islands)
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USDJPY, GBPUSD, BTCUSD

USDJPY, GBPUSD, BTCUSD

US CPI may offer clues on Fed's next move; USDJPY points up; UK CPI expected to remain steady; GBPUSD tilts down; Bitcoin flies above 123,000; next target at 125,000
XM Group | 2h 31min ago
Gold: Is the latest bounce sustainable?

Gold: Is the latest bounce sustainable?

Gold crosses above 3,355 resistance as tariffs threats return. Short-term bias is positive but key obstacles still lie ahead. Support at 3,300–3,325 critical for downside risk.
XM Group | 5h 57min ago
Trump announces tariffs on Mexico and EU

Trump announces tariffs on Mexico and EU

Dollar gains as Trump continues his tariff threats - Traders could pay extra attention to tomorrow’s US CPI data - Wall Street indices slide, gold rises amid risk-off mood - Bitcoin hits a fresh record high as ‘Crypto Week’ begins
XM Group | 6h 27min ago
USD/JPY Extends Gains as Market Monitors US Tariff Policy

USD/JPY Extends Gains as Market Monitors US Tariff Policy

The USD/JPY pair climbed to 147.42 on Monday. Early in the session, the yen staged a partial recovery from last week’s losses amid heightened global trade risks, but the rebound proved short-lived as the currency resumed its downward trajectory.
RoboForex | 7h 55min ago
Gold Shines as Trade Tensions Rise

Gold Shines as Trade Tensions Rise

On July 14, global markets turned risk-off after President Trump revived tariff threats targeting the EU and Canada. Gold surged past $3,350 on safe-haven bids, while USD/CAD spiked near 1.3700. EUR/USD rebounded toward 1.1700, and NZD/USD slid below 0.6000 ahead of key Chinese trade data. GBP/USD remained pressured around 1.3500 amid Brexit silence.
Moneta Markets | 8h 38min ago