EBC Daily Snapshot Augl 13, 2024

The dollar was flat on Tuesday. Traders expect 100 bps of Fed cuts by year-end, per CME Group's FedWatch, after the Sahm rule is triggered.

EBC Financial Group
Digitar: STP, ECN
Regulamento: FCA (UK), ASIC (Australia), CIMA (Cayman Islands)
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USD/JPY in Equilibrium as Volatility Rises

USD/JPY in Equilibrium as Volatility Rises

The USD/JPY pair held steady on Thursday, trading around 148.13 as the yen modestly recovered from the losses incurred in the previous session. The US dollar came under pressure following the release of softer US labour market data, which bolstered expectations of an impending Federal Reserve rate cut.
RoboForex | 22h 36min atrás
Risk markets jittery as expectations for soft US data mount

Risk markets jittery as expectations for soft US data mount

Risk sentiment remains fragile ahead of the first batch of key US data; Gold and rising bond yields continue to unnerve investors; ADP report and ISM Services PMI might open the door to a 50bps Fed cut; Fedspeak to intensify, markets to digest Miran’s hearing headlines today;
XM Group | 23h 38min atrás