Analysis

Daily Global Market Update

Daily Global Market Update

Bitcoin down 0.7% with negative ROC; Facebook stock up 1.4% with positive MACD; Australian Dollar gains 0.8% with favorable MACD; Gold rises 0.6% backed by positive CCI; Global focus on gold, Chinese rates, and Marathon Digital's $178.6M acquisition; Economic releases: Japan's Foreign Investment, US Current Account, Germany's GfK Consumer Confidence, US Consumer Confidence, UK's Core CPI.
Moneta Markets | 562 days ago
Dollar Plunges on Reinforced Fed Dovish Stance

Dollar Plunges on Reinforced Fed Dovish Stance

The U.S. dollar lost steam, with the dollar index retracing more than 0.3% yesterday. The dovish tone was reinforced by the Richmond Fed president, in contrast to his colleague's stance from days earlier. Additionally, the lacklustre U.S. long-term treasury yield, flowing at below 4%, exerted pressure on the dollar's strength.
PU Prime | 563 days ago
Daily Global Market Update

Daily Global Market Update

Gold up 0.4% (CCI +), Euro gains 0.2% (MACD +), Pound dips 0.2% (Williams -). Bitcoin surges 2.6% (Stochastic RSI oversold). Global caution post-rallies, SEC delays ETF decision. Nippon Steel acquires U.S. Steel for $14.9B. Key events: BOJ, UK auction, Austria HICP, Australia RBA, US housing starts.
Moneta Markets | 563 days ago
EUR/USD Finds Stability

EUR/USD Finds Stability

On Monday, the EUR/USD pair is demonstrating stability, trading around the 1.0910 mark. Last week was notable for the currency markets, as key financial updates were released.
RoboForex | 564 days ago
EURUSD, GBPUSD, Gold

EURUSD, GBPUSD, Gold

EURUSD’s 2023 performance looks muted; GBPUSD tries to resume its uptrend in 2024; Gold shines in 2023
XM Group | 564 days ago
Daily Global Market Update

Daily Global Market Update

Oil and Aussie Dollar rose with positive indicators; Euro traded steady, Dollar/Yen sideways. Global highlights: Nissan's China EV plans, Chinese entities avoid foreign devices; Wall Street adjusts 2024 rate forecasts. Key releases: US housing data, German Ifo indicators.
Moneta Markets | 564 days ago