EBC Daily Snapshot Sep 10, 2024

The dollar held steady early Tuesday, with the euro little changed. A weaker jobs report boosts expectations for a 50 bps Fed cut this month.

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Yen intervention risk rises, US jobs concerns intensify

Yen intervention risk rises, US jobs concerns intensify

Japan’s Katayama highlights negative impact of weak yen - US labor market concerns increase chance of December Fed cut - Soft UK jobs report takes BoE rate cut probability higher - Stock futures rise; gold extends rebound despite broader optimism
XM Group | 33 minutes ago
Pound Succumbs to Pressure from Weak Labour Data

Pound Succumbs to Pressure from Weak Labour Data

The GBP/USD pair snapped a four-day winning streak, declining for a second day to trade around 1.3135. The sell-off was triggered by UK labour market data revealing a rise in unemployment and a deceleration in annual wage growth.
RoboForex | 1h 40min ago
WTI Steadies Above $60 as Reopening Hopes Rise | 12th November 2025

WTI Steadies Above $60 as Reopening Hopes Rise | 12th November 2025

Global markets edged higher as optimism over a U.S. government reopening lifted risk sentiment. Oil steadied above $60, supported by improving demand, while Gold and the Yen softened amid reduced safe-haven demand. The USD gained modestly, with traders eyeing upcoming U.S. CPI and Fed commentary for fresh policy cues.
Moneta Markets | 5h 7min ago