Forex Market Report - 11th June 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
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Před 440 dny
1. US Inflation Data Release
- The latest CPI figures are set to be released, with expectations of a moderate increase, influencing USD volatility.
- Any deviation from the forecast could impact Fed policy expectations and subsequently affect the USD.
- Traders should monitor the core inflation figures closely, as they provide a clearer picture of underlying inflation trends.
2. ECB Interest Rate Decision
- The European Central Bank is expected to announce its interest rate decision, with no change anticipated.
- Market focus will be on the ECB's forward guidance and economic outlook commentary.
- Any hints of future rate hikes or easing could significantly move the EUR.
3. China Economic Data
- Key economic indicators from China, including industrial production and retail sales, are scheduled for release.
- Weak data could signal slowing economic momentum, impacting commodity currencies like AUD and NZD.
- Strong figures may provide support to global risk sentiment and boost risk-sensitive assets.
4. UK Employment Figures
- The UK will release its latest employment data, with markets watching the unemployment rate and average earnings closely.
- A strong labour market could bolster the GBP by raising expectations for further Bank of England rate hikes.
- Conversely, weak data might dampen rate hike expectations and weigh on the GBP.
5. US Retail Sales Report
- The US retail sales report will offer insights into consumer spending, a key driver of economic growth.
- Strong retail sales figures could reinforce USD strength by suggesting robust economic activity.
- Weak sales data might prompt concerns about economic slowdown, potentially weakening the USD.
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Fed Chair Powell pushes the dollar off a cliff
Powell hints at a September cut, traders sell dollars. Wall Street indices rally, Dow Jones hits fresh record high. Attention to slowly shift to PCE inflation data later this week. BoJ Gov. Ueda expresses optimism about another rate hike soon.
XM Group
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Před 2 h 45 min
Euro Rallies Against Dollar After Powell's Cautious Jackson Hole Speech
The euro strengthened against the US dollar on Friday following a speech by Federal Reserve Chair Jerome Powell at the Jackson Hole Economic Symposium, closing the week on a positive note. While Powell acknowledged the potential for an interest rate cut as soon as September, he refrained from making any explicit commitments.
RoboForex
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Před 3 h 24 min
EURUSD remains rangebound after pullback from four-week high
EURUSD resumes sideways trading near 1.700. Price action remains above SMAs. Momentum indicators confirm consolidation.
XM Group
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Před 4 h 30 min
Bitcoin drags crypto down
Expert market comment made by Chief Market Analyst Alex Kuptsikevich of the FxPro Analyst Team: Bitcoin drags crypto down
FxPro
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Před 4 h 30 min
EBC Markets Briefing | Hang Seng eyes 4-year high
The Hang Seng index surged 2% on Monday after Fed Chair Powell signalled rate cuts, with lower US borrowing costs likely benefiting global tech firms.
EBC Financial Group
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Před 4 h 39 min
Markets React to Powell’s Dovish Tone: Gold Slips, USD Mixed Across Majors | 25th August 2025
Markets react to Powell’s dovish tone as gold dips near $3,365 and NZD/USD consolidates around 0.5860 despite upbeat retail sales. EUR/USD retreats toward 1.1700, while AUD/USD slips to 0.6480 on RBA easing bets. USD/CAD holds near 1.3820 after Friday’s sharp drop. Traders now eye U.S. GDP, PCE inflation, and Canada’s GDP for the next directional cues.
Moneta Markets
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Před 5 h 50 min
ATFX Market Outlook 25th August 2025
Federal Reserve Chair Jerome Powell hinted that rate cuts may be needed but stressed caution, while unveiling a new policy framework with a flexible inflation target. U.S. equities closed higher on Friday, with the Dow Jones Industrial Average reaching a record closing high. Investors poured into risk assets, driving the Dow up 1.89%, the S&P 500 up 1.52%, and the Nasdaq Composite up 1.88%.
ATFX
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Před 8 h 12 min
ATFX Economic Calendar- 2025.08.25~2025.08.29
The ATFX Weekly Economic Calendar is a comprehensive resource designed to help traders and investors stay ahead of market-moving events. It outlines key economic data releases, central bank meetings, speeches, and geopolitical events for the week. This calendar provides a strategic tool for navigating global markets, offering insights into potential volatility triggers across multiple asset.
ATFX
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Před 8 h 32 min
