Analysis

Daily Global Market Update

Daily Global Market Update

Oil-dollar pair trades sideways; Aussie, euro, and dollar yen prices steady. Gold hits record amid Middle East tensions; US Steel acquisition progresses. US Energy shares surge. Today's key events: US Retail Sales, NAHB Housing Market Index.
Moneta Markets | 452 days ago
 Gold in a wait-and-see mode

Gold in a wait-and-see mode

Gold opens near Friday’s closing price as safe-haven demand stabilizes. Bulls wait for a break above 2,430. Bears anticipate a drop below 2,325.
XM Group | 453 days ago
US dollar exhibits remarkable strength amid global tensions

US dollar exhibits remarkable strength amid global tensions

The EUR/USD pair has experienced a notable decline, currently stabilising around 1.0648. Last week, the pair recorded its most significant weekly gain since 2022, fuelled by the anticipation of persistently high interest rates in the US and escalated conflicts in the Middle East.
RoboForex | 453 days ago
Daily Global Market Update

Daily Global Market Update

GBP/USD edged up 0.1%, Bitcoin corrected down 0.2%, Oil dropped 0.8% vs. USD, AUD rose 0.4% vs. USD. Ether trailed Bitcoin YTD gains. Oil steadied near 6-month highs. Russia exports diesel to Sudan post-EU embargo. Economic events include UK's Industrial Production, Japan's Capacity Utilization, Germany's CPI, Eurozone's Fin Meeting, UK's GDP, and US Michigan Consumer Sentiment Index.
Moneta Markets | 456 days ago