Analysis

USD - Navigating Uncertainty Amid Election Surprises and Economic Shifts

The U.S. dollar has experienced a notable decline since early July, with its value dropping by nearly 5% as speculation intensifies around possible rate cuts by the Federal Reserve.

ACY Securities | 254 days ago

Powell’s Softer Stance Sends the U.S. Dollar Sliding: Markets Anticipate a Gentler Fed Approach

In a recent speech that caught the attention of investors worldwide, Federal Reserve Chair Jerome Powell struck a surprisingly cautious tone, leading to a sharp drop in the U.S. dollar's value.

ACY Securities | 254 days ago

Is it Time to Buy the Pullback on USDJPY!?

The USD/JPY remains a focal pair in forex, particularly given the recent shifts in U.S. Treasury yields and ongoing economic data releases. The connection between U.S. yields and the Japanese yen is crucial for forex traders, and the latest developments offer valuable insights into the potential direction of this pair.

ACY Securities | 254 days ago

A Crucial Day for Global Markets: Key Events from the US and Japan

Today marks a significant moment for global financial markets, with intense focus on two major events: Federal Reserve Chair Jerome Powell’s address at the Jackson Hole Economic Symposium and Bank of Japan (BOJ) Governor Kazuo Ueda’s discussions in the Japanese parliament.

ACY Securities | 254 days ago

Geopolitical Tensions and Oil Markets Impact Global Financial Sentiment

Global financial markets started the week on a more cautious note as the optimism that followed the recent Jackson Hole conference began to fade (I’ve made a blog explaining everything you need to know about the Jackson Hole conference here: CLICK HERE.)

ACY Securities | 254 days ago

EBC Daily Snapshot Aug 27, 2024

The euro and pound rose on Tuesday, boosted by a pause in oil price gains, approaching their recent multi-month highs against the dollar.

EBC Financial Group | 254 days ago

Oil reaches resistance

Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Oil reaches resistance

FxPro | 254 days ago

Rate cut euphoria tempered by geopolitics as oil surges

Mood turns cautious amid geopolitical uncertainty in Libya and Gaza. Fears of supply disruptions drive up oil prices, S&P 500 closes lower. China concerns also weigh but European stocks turn positive as data awaited.

XM Group | 254 days ago

Gold's Price Prospects Amid Middle East Tensions and Fed Policies

Gold prices have recently dipped to 2507 USD per troy ounce but are poised for a potential rebound due to increased demand for safe-haven assets amid escalating conflict in the Middle East.

RoboForex | 254 days ago

GBPUSD: Is the next downturn approaching?

GBPUSD’s bull run slows down near a familiar resistance area. Some stability is likely; sellers need a close below 1.3188 to gain control.

XM Group | 254 days ago

Crypto market has cooled slightly

Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Crypto market has cooled slightly

FxPro | 255 days ago

EBC Markets Briefing | Yen slips amid hopes for continued rally

On Tuesday, the yen fell from a three-week high as carry trades unwound aggressively. Strategists warn the unwinding might not be over yet.

EBC Financial Group | 255 days ago

Oil Price Soar on Geopolitical Tension

Geopolitical tensions in both the Middle East and Eastern Europe have escalated, creating significant unease in the broader financial markets, oil prices surged nearly 3% in yesterday's session.

PU Prime | 255 days ago

Daily Global Market Update

Gold, Euro, Pound, Bitcoin down. Global markets mixed, oil up. Investors expect lower US rates. Nvidia earnings expected. Today's economic highlights include US Consumer Confidence, Redbook Index, S&P Case-Shiller Home Price Indices, Irish Consumer Confidence, Finland's Industrial Confidence, and Germany's GDP.

Moneta Markets | 255 days ago