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Analysis
USDCAD continues its bullish surge, eyes 1.4300 area
USDCAD unlocks new 4-year high, poised for further gains. Caution required as overbought signals detected. US retail sales, Canadian CPI due at 13:30 GMT.
XM Group
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204 days ago
Trade concerns lifted the US dollar, while Fed rate cut expectations drove gold higher.
On Wednesday, the US dollar index remained above the 106 level and ultimately closed up 0.23% at 106.65.
CWG Markets
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204 days ago
ATFX Market Outlook 13th December 2024
U.S. producer prices rose the most in five months in November, but service sector inflation slowed. After an unexpected rise in initial jobless claims last week, traders estimated that the probability of the Federal Reserve cutting interest rates next week was about 97% U.S. stocks retreated on Thursday as investors took stock of key economic indicators ahead of next week's Federal Reserve meeting
ATFX
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204 days ago
ATFX Market Outlook 16th December 2024
This week, attention turns to the Fed, BoJ, and BoE. Despite recent inflation data, the Fed is expected to cut rates by 25bps on Wednesday, with an 80% chance of a pause in January. Strong US economic performance suggests limited further cuts, which may pressure the dollar.
ATFX
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204 days ago
ATFX Economic Calendar- 2024.12.16~2024.12.20
The ATFX Weekly Economic Calendar is a comprehensive resource designed to help traders and investors stay ahead of market-moving events. It outlines key economic data releases, central bank meetings, speeches, and geopolitical events for the week. This calendar provides a strategic tool for navigating global markets, offering insights into potential volatility triggers across multiple asset
ATFX
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204 days ago
US Treasury yields and the dollar rose, while gold weakened ahead of the year's final "super central bank week.
Last Friday, the US dollar index hovered around the 107 level and ultimately closed down 0.071% at 106.94, remaining stable at a high in over two weeks and achieving its best weekly performance in a month.
CWG Markets
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204 days ago
US dollar fell Monday on Fed rate cut expectations and central bank gold buying.
On Monday, the US dollar index opened high and fell into a sideways oscillation, ultimately closing down 0.082% at 106.85.
CWG Markets
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204 days ago
Daily Global Market Update
Gold edged up slightly but technical indicators suggest a potential decline. The Euro remained stable with negative momentum. The Pound gained ground despite negative signals. Bitcoin surged significantly with positive momentum. US stocks rose on rate cut hopes. Crypto markets rallied, attracting record inflows. SoftBank pledged a $100 billion US investment.
Moneta Markets
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204 days ago
Euro Weigh on Eurozone Political Uncertainty
The euro faced pressure from political uncertainty following German Chancellor Olaf Scholz's loss in a confidence vote, triggering a snap election. In contrast, the Pound Sterling gained strength, supported by upbeat PMI data.
PU Prime
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204 days ago
The U.S. Economy in December 2024 Navigating a Shifting Landscape
As 2024 draws to a close, the U.S. economy finds itself at a crossroads, balancing strong underlying momentum with signs of softening in key areas. Inflationary pressures, labour market dynamics, and monetary policy decisions dominate the discourse as businesses and policymakers prepare for the challenges of 2025. Here’s a detailed look at the current state of the economy and the road ahead.
ACY Securities
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204 days ago
Navigating Currency Shifts: RBA's Policy and Global Market Trends
The global economy is once again navigating uncertain waters, with key developments shaping the outlook for currencies and economic stability. Among these shifts, the Reserve Bank of Australia’s (RBA) evolving stance on monetary policy and its implications for the Australian dollar (AUD) take centre stage.
ACY Securities
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204 days ago
Central Banks, Labor Markets, and Currency Trends Shaping December
As 2024 nears its conclusion, the global foreign exchange (FX) market is navigating a landscape shaped by critical macroeconomic developments. From central bank policies to unexpected labour market shifts, let’s dive into the dynamics driving currency movements across regions.
ACY Securities
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204 days ago
EUR/USD Dollar Strength Persists Amid ECB and Inflation Signals
The U.S. dollar has ended the week on a strong note, buoyed by firmer-than-expected inflation data. Recent figures showed steady price pressures, reinforcing market confidence in the Federal Reserve's current policy stance. Although the upcoming release of the core CPI deflator is projected to be moderate, the broader inflation narrative has kept U.S. Treasury yields supported, further enhancing t
ACY Securities
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204 days ago
Japan’s Economic Crossroads in 2024: Challenges, Policies, and the Road Ahead
Japan finds itself at a pivotal economic moment in 2024. After decades of stagnation and structural challenges, the nation is grappling with an unsettling mix of monetary tightening, cautious household spending, and global uncertainties. At the heart of this situation is the Bank of Japan’s (BoJ) approach to interest rates and its implications for the broader economy.
ACY Securities
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204 days ago
Oil: the final test of the year
Expert market comment made by Chief Market Analyst Alex Kuptsikevich of the FxPro Analyst Team: Oil: the final test of the year
FxPro
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205 days ago
Steady start to Fed week, Bitcoin hits record, Flash PMIs underwhelm
Dollar slightly softer as Fed decision looms with focus on dot plot. Global stocks weighed by Chinese gloom but Wall Street steady. Euro and pound firmer on stronger services PMIs. Bitcoin soars on bets of bitcoin strategic reserve.
XM Group
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205 days ago
EBC Markets Briefing | Aussie struggles on less hawkish RBA
The Australian dollar stayed near a 13-month low on Monday as new RBA rate-setter appointments sparked concerns over interest rate changes.
EBC Financial Group
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205 days ago
Bitcoin has overcome selling resistance
Expert market comment made by Chief Market Analyst Alex Kuptsikevich of the FxPro Analyst Team: Bitcoin has overcome selling resistance
FxPro
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205 days ago
Japanese Yen Hits Three-Week Low as Bank of Japan Holds Rate Steady
The USD/JPY pair climbed to 153.77 on Monday, reaching a three-week high. This movement reflects growing investor sentiment that the Bank of Japan (BoJ) will maintain its current interest rate level and continue its pause on monetary policy tightening at this week's meeting.
RoboForex
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205 days ago
Daily Global Market Update
Oil-Dollar surged 1.5%, MACD bullish. Aussie-Dollar traded sideways, Stochastic bearish. Euro gained 0.3%, Williams Percent Range negative. Dollar-Yen climbed 0.6%, Stochastic RSI overbought. China's economy projected to grow 5%. Broadcom's shares surged, valuation hits $1 trillion. NASDAQ and S&P 500 gain significantly.
Moneta Markets
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205 days ago
