Daily Global Market Update

Euro gained, Dollar Yen steady, Gold surged caution advised, Microsoft up, Global markets react to Fed, Today: Japan, Germany, US, Australia, UK releases.

Euro's Gain Against Dollar

The Euro experienced an increase of 0.5% against the dollar in the last session. The Stochastic RSI indicates that we are currently in a market with a positive outlook.

 

 

Steady Dollar Yen Price

The Dollar Yen price remained largely unchanged in the last session. The Stochastic RSI suggests an overbought market.

 

 

Gold-Dollar Pair's Surge

The gold-dollar pair saw a significant increase of 1.5% in the last session. The Stochastic indicator is providing a negative signal, suggesting caution.

 

 

Microsoft Shares Uptick

Microsoft shares rose by 0.6% in the last session. The RSI's positive signal aligns with our overall technical analysis.

 

 

Global Financial Headlines

The dollar weakened and the Yen rebounded from near their multi-decade lows after the Federal Reserve held interest rates steady, as expected. Wall Street's main stock indexes rallied, with policymakers projecting three US rate cuts this year even as inflation remains elevated. Britain's inflation cooled to 3.4% in February, offering some respite to Prime Minister Rishi Sunak ahead of an expected election later this year.

 

Today's Economic Highlights

Here's a brief rundown of today's anticipated economic releases:

• Japan's Jibun Bank Manufacturing PMI - 00:30 GMT

• Germany's Bundesbank Monthly Report - 11:00 GMT

• US Initial Jobless Claims - 12:30 GMT

• US Current Account - 12:30 GMT

• Australia's Unemployment Rate - 00:30 GMT

• UK's Public Sector Net Borrowing - 07:00 GMT

Moneta Markets
Typ: STP, ECN
Regulace: FCA (UK), FSA (Seychelles), FSCA (South Africa)
read more
The dollar awaits the rate forecast

The dollar awaits the rate forecast

The fate of the US dollar depends on capital flows and hawkish rhetoric from the Fed.Japan's economic weakness is weighing on the yen, while the RBA is expected to keep rates at 3.6%
FxPro | Před 4 h 10 min
Markets in cautious mode as Fed meeting is in sight

Markets in cautious mode as Fed meeting is in sight

Investors mostly on the sidelines; countdown to Wednesday’s Fed meeting is almost over; Fragile risk appetite; cryptos start the week on the right foot; RBA meets on Tuesday; Aussie/dollar continues to climb; Oil and gold are rangebound; slow progress in Ukraine-Russia negotiations;
XM Group | Před 5 h 30 min
EUR/USD Gains as Market Focus Fixes on the Fed

EUR/USD Gains as Market Focus Fixes on the Fed

The EUR/USD pair opened the week on a positive note, rising to 1.1653. The move was fuelled by mounting expectations for a Federal Reserve rate cut this Wednesday, which continues to weigh on the US dollar. Markets are currently pricing in an 88% probability of a 25-basis-point reduction, a significant increase from the 67% odds seen just one month ago.
RoboForex | Před 6 h 42 min
DNA Markets - Daily Fundamental Analysis Report, 8 December

DNA Markets - Daily Fundamental Analysis Report, 8 December

Here is your Daily Fundamental Analysis Report for the FX market, covering the key topics influencing currency movements today. This summary highlights the major economic drivers, current market sentiment, and important developments that may impact volatility and direction across major pairs.
DNA Markets | Před 14 h 10 min