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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515 days ago
EBC Financial Group
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Regulation: FCA (UK), ASIC (Australia), CIMA (Cayman Islands)
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EUR/USD Gains as Market Focus Fixes on the Fed
The EUR/USD pair opened the week on a positive note, rising to 1.1653. The move was fuelled by mounting expectations for a Federal Reserve rate cut this Wednesday, which continues to weigh on the US dollar. Markets are currently pricing in an 88% probability of a 25-basis-point reduction, a significant increase from the 67% odds seen just one month ago.
RoboForex
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14 minutes ago
EBC Markets Briefing | Zloty may have peaked; Brazil divide deepens
European currencies held steady Monday after two weeks of dollar losses, as markets awaited a heavy week of central bank meetings and an expected Fed rate cut.
EBC Financial Group
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31 minutes ago
Central Banks Are About to Steer the Markets This Week
Central banks take centre stage this week with the Fed, RBA, and BoC in focus. Discover the key events to watch and their potential impact on currencies and markets.
Ultima Markets
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3h 9min ago
DNA Markets - Daily Fundamental Analysis Report, 8 December
Here is your Daily Fundamental Analysis Report for the FX market, covering the key topics influencing currency movements today. This summary highlights the major economic drivers, current market sentiment, and important developments that may impact volatility and direction across major pairs.
DNA Markets
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7h 43min ago
US PCE data in focus ahead of next week’s Fed decision
Dollar resumes slide ahead of shutdown-delayed PCE inflation data - Yen extends recovery as probability of December BoJ hike surges - Aussie gains as RBA seen keeping rates on hold through 2026 - Stocks extend recovery as markets eye Fed rate cuts, gold rebounds
XM Group
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2 days ago
Markets Steady Ahead of Crucial US PCE Inflation Data | 5th December 2025
Markets are steady ahead of the US PCE inflation data. Gold trades flat near $4,205, silver rises to ~$57.50, WTI crude holds around $59.45, and AUD/USD and GBP/USD remain stable. Traders await PCE results, with Fed rate expectations and geopolitical risks shaping cautious sentiment.
Moneta Markets
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2 days ago
Gold Steady Near 4,200 USD as Markets Await Key Data
Gold prices held close to 4,200 USD per ounce on Friday, with investors focused on a significant, delayed inflation report ahead of next week’s Federal Reserve policy decision.
RoboForex
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2 days ago
EBC Markets Briefing | Oil up amid geopolitical tensions; Intel backtracks
WTI oil was set for nearly 2% weekly gains Friday, supported by expected Fed rate cuts, rising US-Venezuela tensions, and stalled peace talks in Moscow.
EBC Financial Group
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2 days ago
