EBC Daily Snapshot Oct 8, 2024
The dollar held seven-week highs on Tuesday as investors cut rate-cut bets after a strong jobs report, while Middle East tensions weighed on it.
EBC Financial Group
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26 days ago
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Crypto takes a step back, ready for volatility
Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Crypto takes a step back, ready for volatility
FxPro
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2 days ago
AUDUSD holds near August lows: US dollar pressure remains strong
he AUD/USD pair fell to 0.6566 on Friday, marking its lowest since early August. The US dollar continued to strengthen last night, bolstered by signs of resilience in the US economy.
RoboForex
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2 days ago
Volatility returns with a vengeance ahead of key US events
Month-end pushes stock indices and gold in the red; Market angst could continue going into Tuesday’s US election; Focus today is on the US labour market data; Dollar fails to benefit against the euro and the yen
XM Group
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2 days ago
Daily Global Market Update
GBP and Bitcoin down, oil up, Aussie flat. Crypto.com buys US broker, oil jumps on Iran fear, gold cools after record high. Watch US jobs report and Dutch data today.
Moneta Markets
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2 days ago
Dollar Pauses as Jobs Data Looms
Despite strong U.S. economic data, the U.S. dollar saw a slight retreat as investors await the upcoming U.S. election and Nonfarm Payrolls report. Resilient figures, including a stable Core PCE Price Index at 2.70% and reduced Initial Jobless Claims (216K), highlight steady U.S. economic strength, which may influence future dollar trends.
PU Prime
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2 days ago
US stocks feel selling pressure
Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: US stocks feel selling pressure
FxPro
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2 days ago
Gold & Dollar: safe-haven retreats
Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Gold & Dollar: safe-haven retreats
FxPro
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3 days ago
Dollar slips amid stronger yen and euro, data barrage continues
Yen up after Bank of Japan sounds more hawkish than expected. Euro climbs on stronger German GDP and inflation. Dollar choppy after mixed US data, focus turns to PCE inflation. Stocks struggle on earnings outlook worries.
XM Group
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3 days ago