EBC Daily Snapshot Jul 12, 2024

The yen softened after Friday's volatile start, with an earlier sharp surge sparking speculation that Tokyo intervened to lift it from 38-year lows.

EBC Financial Group
Typ: STP, ECN
Regulace: FCA (UK), ASIC (Australia), CIMA (Cayman Islands)
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Risk markets struggle on lack of bullish catalysts

Risk markets struggle on lack of bullish catalysts

US equities seek direction amidst mixed newsflow; Hawkish Fedspeak, light data calendar and the US shutdown dent risk appetite; Cryptos under heavy pressure; gold struggles to rally above $4,000; Pound gains despite dovish BoE but outlook remains clouded;
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