Analysis

Dollar gains ahead of NFP

Dollar gains ahead of NFP

Wall Street's bullish momentum showed signs of easing, coinciding with the U.S. dollar stabilising ahead of the eagerly anticipated U.S. job data (NFP) set for release this Friday. Market sentiment was impacted by a tempered view on the Federal Reserve's unwinding of monetary tightening, with concerns that optimism might be premature.
PU Prime | 577 days ago
Bitcoin accelerated growth

Bitcoin accelerated growth

Expert market comment from senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Bitcoin accelerated growth
FxPro | 577 days ago
GBP - Greene Stays Hawkish

GBP - Greene Stays Hawkish

The recent global shift in sentiment regarding inflation has had a limited impact on the mindset of MPC member Megan Greene. In a recent address in Leeds, Greene steadfastly advocated for an upward adjustment of the Bank of England's (BoE) key policy rate. She expressed concern that adopting a too-conservative approach might pose greater risks than the consequences of inflationary pressures.
ACY Securities | 578 days ago
USD Selling Subsides After Largest Drop in a Year

USD Selling Subsides After Largest Drop in a Year

As we navigate through the final month of 2023, the significant depreciation of the US dollar remains a focal point in the financial landscape. Drawing parallels to the trends observed in November 2022, the current year has witnessed a notable 3.0% drop in the US dollar. In a comparative analysis, the previous year experienced a more pronounced decline of 5.0% in November.
ACY Securities | 578 days ago
Daily Global Market Update

Daily Global Market Update

Oil-dollar pair dropped 1.6%, signaling negativity. Aussie dollar stable, Euro sideways with negative trend, Dollar-yen steady with negative signal. Global insights: Japan inflation struggle, Tencent-backed Prao eyes profitability, OECD warns economic slowdown. Key events today: US Factory Orders, 3-Month Bill Auction, Germany's Trade Balance, Japan's Tokyo CPI.
Moneta Markets | 578 days ago
Vibrant crypto market

Vibrant crypto market

Expert market comment from senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Vibrant crypto market
FxPro | 581 days ago
Daily Global Market Update

Daily Global Market Update

Pound down 0.5% vs. Dollar; MACD signals positive. Bitcoin slips 0.1%; Williams Percent Range negative. Oil drops 2.6%; MACD suggests upside. Aussie Dollar dips 0.2%; MACD remains positive. UK urges crypto tax disclosure. Euro inflation down to 2.4%. US crude production at record high. Today's economic events include Austria GDP, US ISM PMI, and more.
Moneta Markets | 581 days ago
Oil Prices Decline on OPEC+ Meeting Result

Oil Prices Decline on OPEC+ Meeting Result

Despite OPEC+ announces production cuts, oil traders remain skeptical, resulting in a nearly 3% overnight plunge in oil prices. The voluntary nature of these cuts, coupled with Angola's rejection, raises questions about their effectiveness.
PU Prime | 581 days ago