Advertisement
Analysis
USDCAD slows down before BoC rate decision
USDCAD halts near last week's limits; bias remains skewed to the downside; BoC policy announcement awaited
XM Group
|
575 days ago
Dollar extends recovery despite US job openings drop
US job openings fall to lowest in more than 2-1/2 years - Treasury yields slide, but dollar extends recovery - Schnabel points to end of ECB’s tightening crusade - Gold becomes attractive again after hitting $2,010
XM Group
|
575 days ago
Daily Global Market Update
Euro falls 0.2% against dollar, Dollar-Yen stable, Gold up 0.3%, Nike shares increase 0.1%. Dollar strong on US labor data, EU considers sanctions on China. Key data today: Germany, Australia, Eurozone, Japan GDP, US jobless claims.
Moneta Markets
|
575 days ago
Dollar Mutes as U.S. Job Data Comes Short
In yesterday's highly anticipated release of the ADP Non-Farm Unemployment Change data, the dollar failed to gather momentum as the figure came short.
PU Prime
|
575 days ago
US private sector slowed hiring, ADP says
Expert market comment from senior analyst Alex Kuptsikevich of the FxPro Analyst Team: US private sector slowed hiring, ADP says
FxPro
|
576 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
|
576 days ago
DXY Rebounds on Mixed US Data, Euro Tumbles
The Dollar Index (DXY), a favored gauge of the Greenback’s value against a basket of 6 major currencies, rebounded to 104.05, a key level (103.25 yesterday). Economic data released yesterday saw US JOLTS Job Openings decline to 8.73 million from 9.35 million previously. The monthly Job Openings and Labor Turnover Survey was the lowest level since March 2021.
ACY Securities
|
576 days ago
10Y JGB Yield No Longer Pricing in BOJ Policy Adjustment
If the net domestic fund demand remains at approximately the current level of -0.4%, and the Bank of Japan (BoJ) acquires JPY7 trillion worth of Japanese Government Bonds (JGBs), the macro fair value for the 10-year JGB would hover around 0.7%.
ACY Securities
|
576 days ago
RBA Holds Steady as US Dollar Resurges
Yesterday, the Reserve Bank of Australia (RBA) maintained on interest rates, holding them steady at 4.35%. This decision followed a 25-basis points hike delivered in November. The nuanced policy statement released by the RBA revealed a tone less hawkish than anticipated.
ACY Securities
|
576 days ago
Analyzing Recent Economic Data and Its Implications on the US Dollar
The recent market movements have been notable, particularly in the context of key economic indicators. We recently witnessed a surprising turn of events with the non-manufacturing PMI surpassing expectations.
ACY Securities
|
576 days ago
Daily Global Market Update
Bitcoin up 4.7%, potential pullback. Amazon rose 0.4%, mixed signals. Aussie Dollar down 0.9%, negative MACD. Gold fell 0.7%, downturn signal. Financial: USD rebounded, XA's $1B offering, mixed job data. Key events: US Unit Labor Costs, Japan's Foreign Bond Investment, US ADP Employment Change, Germany's Factory Orders, Japan's Foreign Investment, Eurozone's Retail Sales.
Moneta Markets
|
576 days ago
US job vacancies fall faster than expected
Expert market comment from senior analyst Alex Kuptsikevich of the FxPro Analyst Team: US job vacancies fall faster than expected
FxPro
|
576 days ago
Dollar Bolsters Due to PMI Readings
The latest U.S. Job Opening data, dropping to its lowest level since March 2021 at 8.73 million, offers a preliminary insight ahead of the crucial Non-Farm Payrolls (NFP) report scheduled for Friday. Despite this downbeat job data, the U.S. dollar found support from better-than-expected PMI readings, indicating a resilient U.S. economy.
PU Prime
|
576 days ago
GBPUSD bulls hit a wall; support nearby
GBPUSD reaches overbought area near key resistance; sellers could take control of the market below 1.2588
XM Group
|
577 days ago
Gold and equities retreat from recent peaks
Gold reverses lower after leaping to record highs - Dollar recovers, turns to ISM survey for direction - Stock markets pull back, led by big tech shares
XM Group
|
577 days ago
What to expect from the Bank of Canada's next interest rate announcement
In the previous meeting, Canada's central bank kept its key interest rate at 5%.
The current interest rate is unsustainable for Canadians, and it seems evident that the Bank of Canada will keep the overnight key rate.
The BoC decision on the interest rate is likely to weaken the national currency—the nearest target for USDCAD is 1.3650–1.3700.
OctaFX
|
577 days ago
The dollar is struggling for the trend
Expert market comment from senior analyst Alex Kuptsikevich of the FxPro Analyst Team: The dollar is struggling for the trend
FxPro
|
577 days ago
Fed Meeting and Market Expectations - Navigating Market Turbulence
Last Friday, there was a notable speech from the Fed indicating that the current policy rate is in restrictive territory. Essentially, this suggests that the full effects of their tightening policies might not have fully materialized yet.
ACY Securities
|
577 days ago
FED Policy Expectations
Chair Powell provides the most definitive signal that the cycle of interest rate hikes for the USD has end. The US dollar has experienced continued weakness in the Asian trading session, persisting from the sell-off observed in the previous week. Over the last three weeks, the dollar index has consistently closed lower, marking an overall decline of around -4.0% since reaching its peak in October.
ACY Securities
|
577 days ago
Bitcoin infected with correction sentiment
Expert market comment from senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Bitcoin infected with correction sentiment
FxPro
|
577 days ago