EBC Daily Snapshot Augl 1, 2024

The US dollar fell Thursday as the Fed hinted at a September rate cut. Powell said a pivot is possible if disinflation continues as expected.

EBC Financial Group
Typ: STP, ECN
Regulace: FCA (UK), ASIC (Australia), CIMA (Cayman Islands), FSCA (South Africa)
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The dollar's wings have been clipped

The dollar's wings have been clipped

Christopher Waller's dovish rhetoric halted the bears' attack on EURUSD. Slowing British inflation caused the pound to fall, while the Bank of Japan is preparing to raise rates.
FxPro | Před 11 h 12 min
Risk assets struggle ahead of US CPI and central bank decisions 

Risk assets struggle ahead of US CPI and central bank decisions 

US stocks and cryptos remain under pressure, as gold hovers near record highs; US inflation report in the spotlight; could it surprise like Wednesday’s UK CPI? BoE to cut rates today; voting results to dictate market reaction; ECB to keep rates steady once again; press conference might spark market volatility
XM Group | Před 11 h 40 min