Analysis

Daily Global Market Update

Daily Global Market Update

The GBP/USD, Bitcoin/USD, and AUD/USD pairs declined, with negative technical indicators. Oil prices rose slightly despite bearish signals. Pepe coin rallied significantly, while US stocks retreated post-CPI data. Key economic events like US CPI, UK GDP, and Eurozone Industrial Production are upcoming.
Moneta Markets | 238 days ago
Initial Jobless Claims Fuels Dollar

Initial Jobless Claims Fuels Dollar

The spotlight was on the U.S. job data yesterday, with the dollar strengthening following the upbeat Initial Jobless Claims, which came in at their lowest level since May.
PU Prime | 238 days ago
Gold Falls for the Fifth Consecutive Trading Session

Gold Falls for the Fifth Consecutive Trading Session

On Thursday, the price of a troy ounce of Gold is lower, approaching 2,560.00 USD. The current value of Gold is at an eight-week low, influenced by the strong US dollar. The market analyses the latest inflation statistics released in the US and draws rather ambitious conclusions.
RoboForex | 239 days ago
Daily Global Market Update

Daily Global Market Update

The Euro weakened, while the Dollar-Yen pair is overbought. Gold is oversold, and Nike's stock declined slightly. The US Dollar strengthened, and US stocks gained on potential Fed rate cuts. Global economic news includes Russia's GDP growth and upcoming economic indicators like Japan's labor earnings and Germany's industrial production.
Moneta Markets | 239 days ago
Dollar Surge on High CPI

Dollar Surge on High CPI

The U.S. CPI release aligned with market expectations at 2.6%, reflecting a rebound in inflation within the country; Dollar surge
PU Prime | 239 days ago
Euro Under Pressure Amid US Tariffs and German Political Shifts

Euro Under Pressure Amid US Tariffs and German Political Shifts

The euro has recently faced significant pressure, making it the weakest among G10 currencies this week. This decline has been particularly marked against commodity currencies like the Norwegian krone, Australian dollar, and New Zealand dollar, pushing the EUR/USD pair close to a crucial support level around 1.0700.
ACY Securities | 239 days ago