Analysis

All Eyes on U.S. GDP

Traders are eagerly awaiting the release of U.S. GDP data later today as they seek insights into the overall strength of the dollar

PU Prime | 608 days ago

Soft inflation has pressed the Pound, but hardly the BoE

Expert market comment from senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Soft inflation has pressed the Pound, but hardly the BoE

FxPro | 609 days ago

USDJPY holds within key lines

USDJPY stormed higher after penetrating the 200-day simple moving average (SMA) but found strong resistance at the 200-day exponential moving average (EMA), recouping some of last week’s losses.

XM Group | 609 days ago

Steady Recovery Signals Strength Amid Market Cautiousness

Expert market comment from senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Steady Recovery Signals Strength Amid Market Cautiousness

FxPro | 609 days ago

Stocks hit new records on rate cut excitement

Dow Jones and Nasdaq 100 cruise to new record highs - British pound drops as inflation cools off, yen stabilizes - Supply concerns lift oil prices, gold gains some ground

XM Group | 609 days ago

Could EURGBP bulls keep the rebound alive?

EURGBP edges higher after weaker UK CPI. Path higher filled with strong resistance points. Momentum indicators are mostly bullish

XM Group | 609 days ago

Yen sinks as BoJ stands pat, crude oil spikes on Red Sea attacks

BoJ maintains easing bias, gives little away on pivot timing, pummelling the yen. Oil futures jump before steadying amid supply fears from Red Sea missile strikes. Wall Street extends winning streak despite some scaling back of rate cut bets.

XM Group | 609 days ago

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 | 609 days ago

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 | 609 days ago

Crude Oil is gaining but has yet to prove an upturn

Expert market comment from senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Crude Oil is gaining but has yet to prove an upturn

FxPro | 610 days ago

GBPUSD attempts to recoup some losses

GBPUSD maintains weak bias in near term; Falls from 4-month high; MACD and RSI suggest horizontal move

XM Group | 610 days ago

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 | 610 days ago

Bulls quickly returned to crypto

Expert market comment from senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Bulls quickly returned to crypto

FxPro | 610 days ago

Hawkish RBA Meeting Minutes Buoys Aussie Dollar

Australian authorities remain focused on battling inflation while keeping the possibility of further rate hikes open.

PU Prime | 610 days ago

Germany’s Business Climate Worsens Despite Cheaper Energy

Expert market comment from senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Germany’s Business Climate Worsens Despite Cheaper Energy

FxPro | 611 days ago

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 | 611 days ago

Bitcoin and Ether Set to Deepen Correction

Expert market comment from senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Bitcoin and Ether Set to Deepen Correction

FxPro | 611 days ago

Fed pushes back on rate cut talk but markets don’t listen

Fed officials attempt to dampen expectations of early rate cut. Yields jump, stocks slide, but only temporarily as markets unconvinced. Yen edges lower ahead of BoJ decision as expectations of imminent rate hike fade.

XM Group | 611 days ago

EURUSD, GBPUSD, Gold

EURUSD’s 2023 performance looks muted; GBPUSD tries to resume its uptrend in 2024; Gold shines in 2023

XM Group | 611 days ago

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 | 611 days ago

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EURUSD	1.16464	GBPUSD	1.34521	AUDUSD	0.64218
USDJPY	147.367	USDCAD	1.38798	USDCHF	0.80503