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
Wprowadzić: STP, ECN
Regulacja: FCA (UK), ASIC (Australia), CIMA (Cayman Islands)
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EUR/USD Digests Data Ahead of Fed Decision

EUR/USD Digests Data Ahead of Fed Decision

The EUR/USD pair held steady around 1.1727 USD on Friday, as the US dollar remained under pressure following the release of inflation data that largely met expectations. The figures reinforce the Federal Reserve’s scope to ease monetary policy amid growing signs of labour market softening.
RoboForex | 1 dni temu
US data cement Fed rate cut, Wall Street at new record

US data cement Fed rate cut, Wall Street at new record

US CPI meets forecasts but jobless claims jump, bolstering Fed easing bets. Dollar slips, stocks extend weekly gains as Wall Street hits record. ECB keeps door open to rate cut but euro inches higher. Gold eyes new all-time high as Treasury yields sink.
XM Group | 1 dni temu
ATFX Market Outlook 12th September 2025

ATFX Market Outlook 12th September 2025

US August CPI rose at the fastest pace in seven months, while initial jobless claims jumped to a near four-year high. Even so, Wall Street closed at record highs on Thursday, boosted by gains in Tesla and Micron, and reinforced expectations for a Fed rate cut this month. The Dow rose 1.36%, the S&P 500 0.85%, and the Nasdaq 0.72%—all ending at all-time highs.
ATFX | 1 dni temu