EBC Daily Snapshot May 28, 2024

Stocks at new records ahead of Fed, tech earnings; yen off highs

US-China trade deal hopes and AI buzz lift global stocks to new highs. Fed also in the spotlight amid divisions, gold rebounds ahead of decision. BoC to likely cut as Trump halts trade talks. Dollar firms as yen’s bounce sputters, pound skids again but aussie rallies.

XM Group | 46 minutes ago

The Fed will make things clear

• Strong statistics are helping the dollar. • The Fed may spring a surprise. • The US asks the Bank of Japan to loosen its grip. • The Aussie becomes the favourite.

FxPro | 56 minutes ago

A Key Day for EUR/USD as the Fed Decision Looms

The EUR/USD pair declined to 1.1642 on Wednesday, with investor attention firmly fixed on the Federal Reserve's impending policy decision. The central bank is widely expected to cut interest rates by 25 basis points.

RoboForex | 2h 36min ago

Crypto market continues to retreat

Crypto market cap dropped 1% to $3.81T, stalled by the 50-day moving average. Trump coin gained 15% in 24h, countering the drop.

FxPro | 3h 22min ago

Technical Analysis – AUD/USD poised for more upside

AUD/USD extends recovery phase toward October’s highs. Short-term bias remains positive, but key barriers still lie ahead

XM Group | 3h 26min ago

EBC Markets Briefing | Hang Seng moves sideways; Intel back in profit

Hong Kong shares fell on Wednesday as investors awaited the Fed's decision and key tech earnings in a busy trading session.

EBC Financial Group | 4h 18min ago

Oil Slips as OPEC+ Output Plans Weigh on Markets | 29th October 2025

Global markets turned cautious as reports of a potential OPEC+ output hike weighed on oil and risk sentiment. WTI fell near $60.00, while the USD stayed firm ahead of FOMC and BoC meetings. Gold held near $4,250, EUR/USD eased under 1.1650, and NZD/USD hovered near 0.5780. Traders await policy clarity and OPEC+ confirmation to set next direction.

Moneta Markets | 5h 6min ago

The euro's second chance

• Trade war de-escalation. • The Fed will continue to cut rates. • Politics is holding back the euro. • Verbal interventions are helping the yen.

FxPro | 1 day ago

EURUSD	1.16413	GBPUSD	1.32188	AUDUSD	0.65968
USDJPY	152.21	USDCAD	1.39385	USDCHF	0.797