EBC Daily Snapshot Jun 7, 2024

The dollar hovered near an 8-week low Friday, awaiting a key US jobs report for Fed policy clues. Markets expect a 50 bps cut by year-end.

EBC Financial Group
Typ: STP, ECN
Regulace: FCA (UK), ASIC (Australia), CIMA (Cayman Islands)
read more
Forex goes to safe havens

Forex goes to safe havens

• The shutdown may end soon. • Increased volatility supports the dollar. • The Bank of Japan recalls deflation. • The pound is frightened by tax increases.
FxPro | Před 28 minutami
Forex goes to safe havens

Forex goes to safe havens

• The shutdown may end soon. • Increased volatility supports the dollar. • The Bank of Japan recalls deflation. • The pound is frightened by tax increases.
FxPro | Před 29 minutami
Gold Holds at October Lows Amid Shifting Rate Expectations

Gold Holds at October Lows Amid Shifting Rate Expectations

On Wednesday, gold traded around 3,940 USD per troy ounce, stabilising near its lowest levels since early October. The precious metal remains under pressure from a recalibration of interest rate expectations, as markets adopt a more cautious outlook on further easing by the Federal Reserve.
RoboForex | Před 1 h 53 min