EBC Daily Snapshot Oct 10, 2024

The US hovered near a two-month high on Thursday as markets grew confident in the Fed's patient monetary policy ahead of a key inflation report.

EBC Financial Group
Type: STP, ECN
Regulation: FCA (UK), ASIC (Australia), CIMA (Cayman Islands)
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The dollar is preparing for battle

The dollar is preparing for battle

•The hawks in the Fed are pulling the blanket over themselves. •The doves are not giving up without a fight. •The dollar may fall on a sell-the-news trade. •The franc has become one of the favourites.
FxPro | 14h 13min ago
Crypto market accelerates decline

Crypto market accelerates decline

Crypto plunges 4% to $3.07T; BTC, ETH, XRP drop over 5%. BTC under $90K, ETH under $3K, both eye deeper declines toward long-term supports.
FxPro | 15h 10min ago
Gold, GBPUSD, EURUSD

Gold, GBPUSD, EURUSD

Delayed jobs report coming up; gold holds 4,045 support; UK CPI seen softer; GBPUSD under pressure; Eurozone PMIs steady; EURUSD faces resistance at 1.1660
XM Group | 1 day ago