Análise

Dollar Surges on CPI Beat, Gold Pressured

Dollar Surges on CPI Beat, Gold Pressured

The Dollar Index surged on the back of robust inflation data, surprising investors and challenging expectations of an imminent rate cut. US Consumer Price Index (CPI) figures outpaced forecasts for the fourth consecutive month, reaching 3.5% over the 12 months to March. This unexpected inflationary pressure prompted a reevaluation of market sentiments regarding Federal Reserve policy moves.
PU Prime | 602 dias atrás
EUR/USD holds steady ahead of key economic updates

EUR/USD holds steady ahead of key economic updates

The EUR/USD pair is maintaining a neutral stance, trading around 1.0851 on Wednesday, as the market anticipates crucial updates, including the US inflation data for March and the outcome of the European Central Bank (ECB) meeting on Thursday. Given the significant events on the horizon, investors are exhibiting caution.
RoboForex | 603 dias atrás
Daily Global Market Update

Daily Global Market Update

Bitcoin-USD fell 3.5%, negative Stochastic RSI. Apple up 0.6%, negative Ultimate Oscillator. AUD/USD rose 0.3%, positive RSI. Gold-dollar gained 0.5%, overbought Ultimate Oscillator. Oil up on Gaza conflict. Dollar tentative despite US Treasury yield rise. Bitcoin liquidated $12M shorts.
Moneta Markets | 603 dias atrás
All Eye on the U.S. CPI

All Eye on the U.S. CPI

Market participants are keenly awaiting the U.S. Consumer Price Index (CPI) data set for release today, a crucial determinant of the Federal Reserve's forthcoming monetary policy direction.
PU Prime | 603 dias atrás
Daily Global Market Update

Daily Global Market Update

Gold-dollar surged 1.1%, overbought (CCI). Euro-dollar up 0.2%, positive CCI. Pound gained 0.2%, positive stochastic signal. Bitcoin surged 3.4%, despite negative ROC. US stocks stable before inflation data. Ethereum outflows continue, oil prices slide. Upcoming: US NFIB Business Optimism Index, Redbook Index, Dutch CPI, Japanese Consumer Confidence, and Machine Tool Orders.
Moneta Markets | 604 dias atrás
Gold Prices at All-Time High Ahead of CPI

Gold Prices at All-Time High Ahead of CPI

As the financial markets brace for the forthcoming U.S. Consumer Price Index (CPI) announcement on Wednesday, U.S. equities presented a subdued performance, while the dollar index witnessed a modest decline. The anticipation surrounding the Federal Reserve's rate-cutting measures has been significantly adjusted, with expectations now set at a 60 basis points reduction for the year.
PU Prime | 604 dias atrás
Stocks climb after sizzling US jobs report

Stocks climb after sizzling US jobs report

Nonfarm payrolls smash forecasts, reaffirming labor market strength - But dollar unable to hold onto gains, as stock markets race higher - Gold hits new record highs, defying rising yields and geopolitics
XM Group | 605 dias atrás