Analysis

Interest rate bets in focus amid holiday-shortened week

Dollar rebounds on hawkish Fed outlook - Divergence with ECB bets weighs on euro/dollar - Aussie suffers on RBA shift, China concerns - Yen hovers near five-month low on BoJ disappointment

XM Group | 196 days ago

Daily Global Market Update

Gold, Euro, and Pound declined against the dollar, with negative technical signals. Bitcoin experienced mixed signals, with a slight drop despite an initial gain. US stocks rose on holiday-thin trading, buoyed by the funding bill and tech gains, particularly Apple. MicroStrategy continued its Bitcoin buying spree.

Moneta Markets | 196 days ago

Wall Street Rebounds Ahead of Christmas Holiday

Wall Street closed higher in yesterday's session, ahead of the Christmas holiday, with many markets expected to be closed. The “Santa Claus” rally, a phenomenon where markets often close positively in the final week of the year, is likely to have a positive impact on equity markets in the coming days.

PU Prime | 197 days ago

Soft PCE inflation keeps rate cut hopes alive, but markets stay cautious

US core PCE rises at slowest monthly pace since May, lifting sentiment. Wall Street bounces back but caution persists, dollar stands tall. Yen halts freefall for now, but thin holiday trading poses a risk.

XM Group | 197 days ago

EBC Markets Briefing | Stagflation may lie ahead for sterling

Sterling neared a one-month low as UK-US policy gap narrowed, with the Fed’s hawkish tone surprising markets, partly due to Trump’s unpredictability.

EBC Financial Group | 197 days ago

Bitcoin Fell Back to Local Support

Expert market comment made by Chief Market Analyst Alex Kuptsikevich of the FxPro Analyst Team: Bitcoin Fell Back to Local Support

FxPro | 197 days ago

Daily Global Market Update

Oil-Dollar rose 0.5%, Stochastic positive. Aussie Dollar up 0.2%, ROC negative. Euro gained 0.6%, Ultimate Oscillator negative. Dollar-Yen fell 0.6%, Stochastic RSI overbought. China held lending rates. Neo to launch EVs in Europe. Wall Street surged on easing inflation. Gold soared, yields down.

Moneta Markets | 197 days ago

Dollar Slides after Soft PCE Releases

The U.S. PCE reading released last Friday missed expectations, shifting market sentiment and introducing uncertainty at the start of the new trading week.

PU Prime | 198 days ago

Dollar takes a breather ahead of PCE inflation data

Dollar pulls back, but data corroborate Fed’s hawkish stance - Yen bleeding stops after Japan’s CPI data reveal acceleration - Pound weakens as three BoE policymakers voted for a rate cut - Wall Street set to open lower on risk of a US government shutdown

XM Group | 200 days ago

Brent Oil Under Pressure Again: USD and China in Focus

Brent crude oil prices fell below 73 USD per barrel on Friday, reflecting ongoing downward pressure.

RoboForex | 200 days ago

Daily Global Market Update

Pound weakened against the dollar, Bitcoin declined, and oil prices remained stable. The Australian dollar recovered, and the global financial landscape saw increased cryptocurrency hacking and mixed economic signals. Key economic events to watch include Japanese and European data releases.

Moneta Markets | 200 days ago

Dollar Bolsters by Upbeat U.S. Economic Indicators

Following the hawkish remarks from the Fed on Wednesday after the interest rate decision, the upbeat U.S. economic indicators released yesterday have further boosted the U.S. dollar, driving it to a two-year high.

PU Prime | 201 days ago

ATFX Market Outlook 19th December 2024

The U.S. central bank lowered interest rates on Wednesday, as expected. Federal Reserve Chair Jerome Powell indicated that further cuts would depend on progress in reducing high inflation. His remarks suggest policymakers are considering potential economic changes under the Trump administration.

ATFX | 201 days ago