Analysis

Sticky Inflation Bolsters Dollar

Sticky Inflation Bolsters Dollar

At the outset of the week, market attention is squarely focused on the upcoming release of the Fed's preferred inflation measure, the PCE index, scheduled for Friday, alongside remarks from Federal Reserve Chair Jerome Powell following the release.
PU Prime | 467 days ago
Promising Dow Jones growth

Promising Dow Jones growth

Expert market comment from senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Promising Dow Jones growth
FxPro | 469 days ago
Daily Global Market Update

Daily Global Market Update

Financial markets show declines in Pound/Dollar, Bitcoin/Dollar, oil prices, and the Aussie against the dollar. Mixed technical signals observed. Global headlines: token treasuries surge, Turkey raises interest rates. Key economic releases: US Baker Hughes Oil Rig Count, Germany's Ifo Business Climate, Japan's CFTC JPY NC Net Positions, UK's Retail Sales, and GfK Consumer Confidence.
Moneta Markets | 470 days ago
Dollar Rebounds Strongly on Upbeat Economic Data

Dollar Rebounds Strongly on Upbeat Economic Data

Yesterday witnessed a pronounced rally in the dollar index (DXY), effectively nullifying the losses incurred in the preceding session, with the dollar now vying to surpass its prior resistance level at $104.15. This resurgence was underpinned by encouraging economic indicators, including robust job market data and PMI figures that exceeded market expectations
PU Prime | 470 days ago
Daily Global Market Update

Daily Global Market Update

Euro gained, Dollar Yen steady, Gold surged caution advised, Microsoft up, Global markets react to Fed, Today: Japan, Germany, US, Australia, UK releases.
Moneta Markets | 471 days ago
Dollar Dive on Fed’s Dovish Statement

Dollar Dive on Fed’s Dovish Statement

Fed Chair dovish statement indicated a commitment to rate cuts later this year, despite recent signs of inflationary pressure, exerted downward pressure on the dollar index (DXY), which declined by as much as 0.6%
PU Prime | 471 days ago
Daily Global Market Update

Daily Global Market Update

Bitcoin, NIO, AUD/USD, and Gold fell. Global focus: gold prices, Swiss interventions, Bitcoin recovery pre-Fed. Today: Eurozone consumer confidence, US Fed rate decision, FOMC press, Japan exports, UK CPI.
Moneta Markets | 472 days ago