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
|
504 days ago
EBC Financial Group
4.8
14 reviews
Type: STP, ECN
Regulation: FCA (UK), ASIC (Australia), CIMA (Cayman Islands)
read more
The pound is waiting for fireworks
• The US economy is sliding downhill, increasing the chances of aggressive rate cuts by the Fed.
• The pound's volatility jumped sharply ahead of Britain's draft budget presentation.
FxPro
|
11h 52min ago
End-of-Autumn Market Trends: How Seasonal Shifts Reveal Clearer Market Signals
Late autumn often brings cleaner price action, reduced noise, and more structured patterns across major markets. This analysis explores how seasonal transitions influence market behavior, long-term signals, and trader psychology as winter approaches.
Rock-West
|
12h 8min ago
Dollar slides as December cut becomes more likely
US PPI and retail sales data push the December rate cut odds up to 76% - Pound traders eagerly await the UK Autumn budget announcement - Yen on intervention watch; Kiwi rallies as RBNZ signals no more cuts - Wall Street celebrates dovish Fed bets, oil slides on Ukraine dea
XM Group
|
14h 18min ago
A worryingly weak rebound in crypto
Crypto market edges up but stays weak; Bitcoin flat near $87K as institutions trim risk, eyeing 2026 range and shifting sentiment.
FxPro
|
14h 36min ago
A worryingly weak rebound in crypto
Crypto market edges up but stays weak; Bitcoin flat near $87K as institutions trim risk, eyeing 2026 range and shifting sentiment.
FxPro
|
14h 36min ago
GBP/USD Rises as Markets Await Crucial UK Budget
The GBP/USD pair extended its gains, reaching 1.3189, as investors await details of the UK budget, to be presented today, 26 November. All attention is on Chancellor Rachel Reeves and her strategy to close the fiscal deficit while adhering to the government's self-imposed budgetary rules.
RoboForex
|
16h 18min ago
GBPUSD extends winning streak amid budget uncertainty
GBPUSD battles with 1.3200 again; Broader outlook remains negative; But technical oscillators indicate upside recovery
XM Group
|
16h 40min ago
EBC Markets Briefing | Euro higher on peace talk; Nvidia lost footing
The euro rose Wednesday as investors gained optimism from a possible Ukraine ceasefire and expected interest rate cuts in the world's largest economy.
EBC Financial Group
|
17h 8min ago
