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.

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Daily Global Market Update

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 | 2 days ago
Dollar Pauses as Jobs Data Looms

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 | 2 days ago