EBC Daily Snapshot Jun 21, 2024

The dollar rose to an eight-week high above 159 yen on Friday as the Fed's patient rate-cut stance contrasted with more dovish global positions.

Vorschrift: FCA (UK), ASIC (Australia), CIMA (Cayman Islands)
read more
Fed Chair Powell pushes the dollar off a cliff

Fed Chair Powell pushes the dollar off a cliff

Powell hints at a September cut, traders sell dollars. Wall Street indices rally, Dow Jones hits fresh record high. Attention to slowly shift to PCE inflation data later this week. BoJ Gov. Ueda expresses optimism about another rate hike soon.
XM Group | vor 3Std 47 Minuten
Euro Rallies Against Dollar After Powell's Cautious Jackson Hole Speech

Euro Rallies Against Dollar After Powell's Cautious Jackson Hole Speech

The euro strengthened against the US dollar on Friday following a speech by Federal Reserve Chair Jerome Powell at the Jackson Hole Economic Symposium, closing the week on a positive note. While Powell acknowledged the potential for an interest rate cut as soon as September, he refrained from making any explicit commitments.
RoboForex | vor 4Std 26 Minuten
Bitcoin drags crypto down

Bitcoin drags crypto down

Expert market comment made by Chief Market Analyst Alex Kuptsikevich of the FxPro Analyst Team: Bitcoin drags crypto down
FxPro | vor 5Std 33 Minuten
ATFX Market Outlook 25th  August 2025

ATFX Market Outlook 25th August 2025

Federal Reserve Chair Jerome Powell hinted that rate cuts may be needed but stressed caution, while unveiling a new policy framework with a flexible inflation target. U.S. equities closed higher on Friday, with the Dow Jones Industrial Average reaching a record closing high. Investors poured into risk assets, driving the Dow up 1.89%, the S&P 500 up 1.52%, and the Nasdaq Composite up 1.88%.
ATFX | vor 9Std 15 Minuten