Analysis

GBP Market Update Insights on Recent Movements and Key Influences

GBP Market Update Insights on Recent Movements and Key Influences

The British pound (GBP) has seen a mild pullback in October, following a period of robust appreciation throughout the summer months. Despite the recent retreat, the pound remains resilient, having shown significant strength against major currencies such as the US dollar (USD) and the euro (EUR) over the course of the year.
ACY Securities | 270 days ago
Soaring bitcoin

Soaring bitcoin

Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Soaring bitcoin
FxPro | 271 days ago
US dollar and stock rally continues 

US dollar and stock rally continues 

Euphoria in US assets, stock indices reach new highs; Today's Fed speakers could threaten Monday’s gains; Oil and gold in the red, bitcoin enjoys a strong boost; Pound ignores jobs data, awaits Wednesday’s CPI
XM Group | 271 days ago
Daily Global Market Update

Daily Global Market Update

Gold rose slightly, while the Euro dipped. The Pound remained stable, but Bitcoin surged. US stocks rallied, and crude prices fell. Key economic events include UK's employment data, US Red Book Index, and German ZEW survey.
Moneta Markets | 271 days ago
EUR/USD Experiences Downward Pressure Amid Fed Rate Cut Speculations

EUR/USD Experiences Downward Pressure Amid Fed Rate Cut Speculations

EUR/USD has seen a slight downturn, correcting near the support level of 1.0905 as the market adjusts its expectations regarding the Federal Reserve's monetary policy. The probability of a 25-basis-point rate cut by the Fed in November currently stands at 86.8%, reflecting a cautious outlook for significant further easing this year.
RoboForex | 272 days ago
Will USDJPY Break Through 150 Level?

Will USDJPY Break Through 150 Level?

The Japanese yen (JPY) has recently experienced pronounced depreciation, a trend largely attributed to the sharp rise in U.S. Treasury yields following a robust U.S. jobs report released in early October.
ACY Securities | 272 days ago
Daily Global Market Update

Daily Global Market Update

Oil price slightly decreased against the dollar, while the Aussie and Euro traded sideways. The dollar-yen pair gained. China announced mortgage rate cuts, and Boeing announced job cuts and delays. The S&P 500 and Dow reached record highs. Key economic events include Finland's CPI, China's trade data, Korea's trade balance.
Moneta Markets | 272 days ago
Dollar Holds Firm, But Will the Strength Persist?

Dollar Holds Firm, But Will the Strength Persist?

The Dollar Index remains volatile as mixed economic data sparks uncertainty around Federal Reserve policy. While stronger-than-expected CPI and job numbers initially boosted the dollar, a lower-than-anticipated PPI reading has led to speculation about a cautious Fed stance on rate cuts.
PU Prime | 272 days ago
Higher USA CPI What Next for the USD?

Higher USA CPI What Next for the USD?

Recent economic indicators from the United States paint a multifaceted picture of the country's economic health, signalling both positive and challenging trends as we move into the final quarter of the year.
ACY Securities | 275 days ago
Dollar baffled after mixed data and Fedspeak 

Dollar baffled after mixed data and Fedspeak 

Jobless claims contradict the stronger CPI report; Fed’s Bostic talks about a November Fed pause; Dollar trades sideways as the market still expects a November cut; Oil and gold in the green, pound doesn’t enjoy today’s data
XM Group | 275 days ago