Analysis

Powell’s Dovish Tone Hammers Dollar

Powell’s Dovish Tone Hammers Dollar

Federal Reserve Chair Jerome Powell indicated that recent U.S. economic data suggest inflation is returning to a downward trajectory. However, he emphasised the need for more evidence before the Fed considers shifting its current monetary policy.
PU Prime | 311日前
Forex Market Report - 3rd July 2024

Forex Market Report - 3rd July 2024

Our forex market report offers an overview of critical economic and financial events that impact the global forex markets. Traders should closely monitor developments to fine-tune their trading strategies accordingly.
DNA Markets | 311日前
Daily Global Market Update

Daily Global Market Update

Gold, Bitcoin show positive momentum, while US stocks mixed and Europe flat. Focus on upcoming economic data releases like US JOLTS and Eurozone CPI.
Moneta Markets | 312日前
EURGBP, USDJPY, USDCAD

EURGBP, USDJPY, USDCAD

French elections help euro to recoup some losses; Friday’s NFP report is the week’s main driver as USDJPY holds near highs; Canadian employment report next in focus with USDCAD in range
XM Group | 313日前
Daily Global Market Update

Daily Global Market Update

Oil price dipped and technical indicators suggest a potential downward trend. Aussie dollar and Euro gained slightly. Dollar Yen remained flat. Global markets reacted to weak China data with lower stocks and higher US yields. Today's focus is on US manufacturing data, German inflation, and Japanese consumer confidence.
Moneta Markets | 313日前
Euro Jumps After Legislative Vote Held

Euro Jumps After Legislative Vote Held

The dollar's recent strength was tempered by last Friday's Personal Consumption Expenditures (PCE) reading, which aligned with market expectations. The mixed results of recent U.S. economic indicators have cast uncertainty over the Federal Reserve's upcoming monetary policy moves, although part of the market remains optimistic about an October rate cut.
PU Prime | 313日前
Forex Market Report - 1st July 2024

Forex Market Report - 1st July 2024

Our forex market report offers an overview of critical economic and financial events that impact the global forex markets. Traders should closely monitor developments to fine-tune their trading strategies accordingly.
DNA Markets | 313日前
EUR/USD continues to struggle amid US inflation concerns

EUR/USD continues to struggle amid US inflation concerns

EUR/USD is on a downward trajectory on Friday, hovering around 1.0686 after a short-lived pause. The dollar experienced a temporary dip due to mixed American economic indicators and market anticipation ahead of the critical Core PCE inflation report, a significant factor in Federal Reserve decision-making.
RoboForex | 316日前