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Analysis
Investors trim Fed rate cut bets ahead of US jobs report
Upbeat US job indicators fuel expectations of a strong NFP report. Yields and dollar jump, stocks pressured as rate cut bets go into reverse. No boost for wounded euro from pickup in Eurozone inflation
XM Group
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547 days ago
AUDJPY, AUDUSD, EURGBP, EURJPY, EURUSD, GBPJPY, GBPUSD, NZDJPY, NZDUSD, USDCAD, USDCHF, USDJPY, USD Index, Gold, & S&P 500
Watch the video for the key trading levels for AUDJPY, AUDUSD, EURGBP, EURJPY, EURUSD, GBPJPY, GBPUSD, NZDJPY, NZDUSD, USDCAD, USDCHF, USDJPY, USD index, Gold, and the S&P 500.
ACY Securities
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548 days ago
DXY Climbs Post FOMC, JPY Tumbles, EUR Outperforms
The Dollar Index, a popular gauge of the Greenback’s value against a basket of 6 major currencies, edged higher to 102.40 from 102.20 previously.
ACY Securities
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548 days ago
Daily Global Market Update
Pound steady, Bitcoin up 3.9%, Oil down 0.8%, Aussie retreats 0.3%. Global highlights: $2B into digital assets, European stocks rise, mixed US crude signals. Upcoming: US Non-farm Payrolls, Germany Retail Sales, Eurozone Consumer Prices, Japan Consumer Confidence, US Average Hourly Earnings, Japan Services PMI.
Moneta Markets
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548 days ago
USDCAD marks bullish wave in short-term
USDCAD has been rising since the end of 2023 after the bounce off the 1.3175 support level and is currently reaching the short-term 20-day simple moving average (SMA) near 1.3373, but is still developing beneath the descending trend line.
XM Group
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548 days ago
Upbeat Job Data Fuels Dollar Strength
The U.S. ADP Nonfarm Employment Change exceeded expectations, reaching 164k, signalling the resilience of the job market.
PU Prime
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548 days ago
GBP Disinflation Persists as Sentiment Remains Weak
Examining recent data from the UK, it becomes increasingly apparent that the prevailing disinflationary trend is poised to persist, notably underscored by the latest insights from the BRC shop price data.
ACY Securities
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548 days ago
USD After a Sharp Sell-off Some Overdue Recovery
In my analysis of the Q1 and Q2 US dollar forecasts, I emphasize the potential for the US dollar to recover some of the significant losses experienced in the months of November and December.
ACY Securities
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548 days ago
New Year selloff eases despite Fed ambiguity, dollar falls back
Fed minutes dent hopes of early rate cut but markets perk up anyway. Higher services PMIs lift sentiment in Europe and Asia, boosting US futures too. Dollar rebound pauses for breath, oil jumps on supply concerns
XM Group
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548 days ago
Daily Global Market Update
Euro's minor correction; Dollar-Yen pair gains 0.7%; Gold declines by 0.8%; Microsoft stock up 0.4% with a caution signal; Global markets affected by US dollar rise and mixed European performances. Key economic events ahead: US ADP Employment Change, Initial Jobless Claims, Germany's CPI, Spain's bond auction, Japan's PMI, and Monetary Base.
Moneta Markets
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549 days ago
Hawkish Fed Meeting Minutes Boosts Dollar
U.S. equity markets registered a second consecutive decline while the U.S. dollar strengthened, driven by the Hawkish narrative revealed in the meeting minutes.
PU Prime
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549 days ago
Investors lock gaze on Fed minutes
Dollar rallies on the first trading day of 2024 - Fed minutes enter the spotlight, ISM mfg PMI also on tap - Wall Street slides, dragged by big tech firms - Oil erases gains on deteriorating risk sentiment
XM Group
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550 days ago
AUDJPY, AUDUSD, EURGBP, EURJPY, EURUSD, GBPJPY, GBPUSD, NZDJPY, NZDUSD, USDCAD, USDCHF, USDJPY, USD Index, Gold, & S&P 500
Watch the video for the key trading levels for AUDJPY, AUDUSD, EURGBP, EURJPY, EURUSD, GBPJPY, GBPUSD, NZDJPY, NZDUSD, USDCAD, USDCHF, USDJPY, USD index, Gold, and the S&P 500.
ACY Securities
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550 days ago
3 Compelling Reasons the Fed Will Cut 25bps on March 20th, Boosting EURUSD
In this insightful video, Luca delves deep into the key factors influencing the Federal Reserve's decisions. From economic indicators to global trends, we analyze the data that shapes the monetary landscape.
ACY Securities
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550 days ago
DXY Rebounds, Kicks Off 2024 0.8% Higher; Kiwi Slides Most
The Dollar Index (DXY), which gauges the value of the Greenback against a basket of 6 major currencies, began 2024 on a high note, rebounding 0.81% up from its 2023 close.
ACY Securities
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550 days ago
Bold Forecasts on Rates and Key Trends in the US Economy
My most unconventional projection for 2024 revolves around our growth forecast. Anticipating a Q4/Q4 GDP growth of 2%, my prediction significantly exceeds the consensus of 0.9% and the FOMC’s forecast of 1.4%.
ACY Securities
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550 days ago
An Important Week for Testing Early Fed Rate Cut Expectations
Will the anticipation of a rate cut by the Federal Reserve increase? The US dollar exhibited a modest resurgence in the latter part of the previous year, rebounding from an intra-day low of 100.62 on December 28th to reach an intra-day high of 101.59.
ACY Securities
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550 days ago
What Will the Key Market Drivers Be In 2024?
Welcome to the era of increased economic tensions, rising inflation, heightened sovereign debt, and elevated interest rates—where peace takes a back seat to financial challenges. This is the new normal we find ourselves in. The momentum toward de-globalization, set in motion immediately after the pandemic, has been confirmed in 2023.
ACY Securities
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550 days ago
USDJPY buyers appear strong in 2024
USDJPY started 2024 in a positive mode as it rebounded off the 140.90 support level with strong resistance coming from the steep descending trend line.
XM Group
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550 days ago
Daily Global Market Update
Bitcoin up 2.3%, Amazon shares down 1%, Australian dollar drops 0.6%, gold retracts 0.2%. Global headlines: Gold starts well in 2024, Binance burns 5.57B Luna tokens. Economic events include U.S ISM Manufacturing PMI, Spain's Unemployment Change, Germany's Unemployment Rate, and Japan's foreign investments.
Moneta Markets
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550 days ago
