Analysis

Dollar Strength and Chinese Renminbi Weakness

Dollar Strength and Chinese Renminbi Weakness

The U.S. dollar has shown persistent strength in global currency markets, with the dollar index breaking above the critical 103.00 level. This resurgence has been driven by a combination of factors, including robust economic data from the U.S., heightened global risk aversion, and relative weakness in other major currencies, most notably the Chinese renminbi (CNY).
ACY Securities | 268 days ago
Daily Global Market Update

Daily Global Market Update

Euro/USD: Minor downward correction, oversold market. Dollar/Yen: Upward trend, positive signal. Gold/Dollar: Upward trend, overbought market. Nike: Upward trend, positive signal. Global: Canadian dollar rose, US stocks mixed, gold gained, Spain's IEX at highest since 2010. Upcoming: Australia's employment, Eurozone's inflation, Australia's unemployment, Dutch unemployment, Japan's tertiary index,
Moneta Markets | 269 days ago
EUR/USD Continues Downward Amid Economic Uncertainties

EUR/USD Continues Downward Amid Economic Uncertainties

EUR/USD has sustained its position below the EMA-200 line, indicating a potential shift into a more defined downtrend. Recent comments from Raphael Bostic, head of the Atlanta Federal Reserve, have influenced this movement. Bostic suggests a modest 25-basis-point cut in interest rates this year – contrary to earlier predictions of a more aggressive 50-point reduction.
RoboForex | 270 days ago
USDJPY faces a pass or fail test

USDJPY faces a pass or fail test

USDJPY extends consolidation around August’s bar. Technical signals weaken, cannot warrant a bullish trend reversal. US retail sales, jobless claims due on Thursday at 12:30 GMT
XM Group | 270 days ago
Daily Global Market Update

Daily Global Market Update

Bitcoin and gold prices have risen. Nike shares have gained, while the Australian dollar has slightly dipped. The US dollar has strengthened against major currencies. Key economic events include the UK's Core CPI, Japan's exports, US export prices, Italy's CPI, and Germany's 30-year bond auction.
Moneta Markets | 270 days ago
What Will Happen With The USD If Trump Or Kamala Wins?

What Will Happen With The USD If Trump Or Kamala Wins?

Current Landscape: Based on recent predictive market data, Donald Trump is currently perceived to have a higher chance of winning the 2024 U.S. Presidential election compared to Kamala Harris. According to Polymarket’s latest data, Trump holds a 54.0% likelihood of winning, while Harris trails with a 45.5% chance.
ACY Securities | 270 days ago