EBC Daily Snapshot Sep 18, 2024
The dollar wavered 18 Sep 2024 after US retail sales unexpectedly rose in August, and the Atlanta Fed raised its GDPNow estimate to 3% from 2.5%.
EBC Financial Group
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19 days ago
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EBC Daily Snapshot Oct 7, 2024
The dollar rallied on strong US jobs data and escalating Middle East conflict, while the yen fell to its lowest level in nearly two months.
EBC Financial Group
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2h 49min ago
EBC Markets Briefing | Bullion remains directionless after US jobs report
Gold stayed below its September peak as US Treasury yields rose after strong jobs data, with emerging market central banks' purchases at a March low.
EBC Financial Group
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4h 16min ago
Dollar stands tall after robust jobs report
Strong US data dent chances of a 50bps Fed rate cut; Plethora of Fed speakers on the wires today; Dollar enjoys strong gains, stocks rally unexpectedly; Oil pushes higher as gold’s retreat continues
XM Group
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4h 57min ago
Bitcoin and Ethereum found buyers at key levels
Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Bitcoin and Ethereum found buyers at key levels
FxPro
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5h 36min ago
U.S. Jobs Report Boosts Dollar: Is a Rebound Ahead?
The Dollar Index surged to a seven-week high, driven by strong U.S. economic data, with Nonfarm Payrolls hitting 254,000 and the Unemployment Rate dropping to 4.1%. This data diminished expectations for a 50-basis-point rate cut, bolstering the dollar but weighing on gold as the stronger dollar overshadowed the metal’s safe-haven appeal.
PU Prime
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7h 31min ago
Daily Global Market Update
Oil prices rose slightly, while the Aussie dollar fell slightly. The Euro and Dollar traded sideways, while the Yen was overbought. China's stimulus boosted hedge fund returns, and Taiwan's Foxconn reported record revenue. US stocks are near record highs, and key economic events include UK retail sales, Japan's current account and labor earnings, US bill auctions, and Eurozone retail sales.
Moneta Markets
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7h 56min ago
Will the dollar or stocks smile after the non-farm payrolls print?
Spotlight falls on the key US labour market data; Non-farm payrolls to rise by 140k, but could surprise to the upside; Dollar to enjoy a strong set of data, equities prefer weaker prints; Euro suffering continues, while both gold and oil advance
XM Group
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3 days ago
USDCAD holds on recovery action as NFP report awaited
USDCAD returns above 20-day EMA and familiar constraining line; Technical signals cannot warrant a meaningful rally; September’s US nonfarm payrolls due at 12:30 GMT
XM Group
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3 days ago