EBC Daily Snapshot Jul 10, 2024
The dollar rose Wednesday after Fed Chair Powell said a rate cut won't happen until the Fed is confident inflation is heading to the 2% target.
EBC Financial Group
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369 days ago
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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
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6h 7min ago
The British pound is testing support, risking breaking it
Expert market comment made by Chief Market Analyst Alex Kuptsikevich of the FxPro Analyst Team: The British pound is testing support, risking breaking it
FxPro
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6h 13min ago
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
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9h 33min ago
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
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10h 3min ago
Confident acceleration of cryptocurrencies
Expert market comment made by Chief Market Analyst Alex Kuptsikevich of the FxPro Analyst Team: Confident acceleration of cryptocurrencies
FxPro
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10h 34min ago
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
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11h 30min ago
EBC Markets Briefing | Euro hunkers amid trade tensions
The euro hit a 3-week low Monday, and the Mexican peso weakened as Trump threatened 30% tariffs on EU and Mexico imports starting in August.
EBC Financial Group
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12h 13min ago
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
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12h 14min ago
