Daily Global Market Update

Gold held steady, but technical indicators suggest overbought conditions. The Euro and Pound gained against the Dollar, also showing overbought signals. Bitcoin surged significantly, with similar technical warnings. Wall Street rallied on recession hopes and potential rate cuts. Cardano dropped from top 10 cryptocurrencies. AMD to acquire ZT Systems for AI expansion.

Gold's Steady Performance

The gold-dollar price remained largely unchanged in the last session. According to the Williams %R indicator, we are currently in an overbought market.

 

 

Euro's Ascent Against the Dollar

The Euro rose by 0.5% against the dollar in the last trading session. The Stochastic indicator is signalling a positive outlook.

 

 

GBP/USD Pair's Upward Movement

The pound-dollar pair gained 0.3% in the last session. The Commodity Channel Index (CCI) indicates an overbought market.

 

 

Bitcoin's Significant Surge

The Bitcoin-dollar pair surged 1.1% in the last session. The Stochastic RSI indicates an overbought market.

 

 

Global Financial Headlines

Wall Street pushed higher and the dollar tipped lower after stocks surged last week on expectations the US economy would dodge a recession and cooling inflation would kick off a cycle of interest rate cuts. The Dow Jones Industrial Average and S&P 500 both rose over 0.5%. Cardano has fallen out of the top 10 cryptocurrencies by market capitalisation after dropping approximately 3% over the last 7 days. Cardano, once ranked third in crypto rankings during the 2021 bull cycle, is currently 11th after Tron. AMD said it plans to acquire server maker ZT Systems for $4.9 billion as the company seeks to expand its portfolio of artificial intelligence chips and hardware and battle Nvidia. AMD plans to pay for 75% of the ZT Systems acquisition with cash and the remainder in stock.

 

Upcoming Economic Highlights

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

• Japan's Exports - 2350 GMT

• US Redbook Index - 1255 GMT

• US API Weekly Crude Oil Stock - 2030 GMT

• Germany's Producer Price Index - 0600 GMT

• Japan's Imports - 2350 GMT

• Eurozone's Harmonised Index of Consumer Prices - 0900 GMT

Moneta Markets
Typ: STP, ECN
Vorschrift: FCA (UK), FSA (Seychelles), FSCA (South Africa)
read more
Gold, GBPUSD, EURUSD

Gold, GBPUSD, EURUSD

Delayed jobs report coming up; gold holds 4,045 support; UK CPI seen softer; GBPUSD under pressure; Eurozone PMIs steady; EURUSD faces resistance at 1.1660
XM Group | vor 7Std 19 Minuten
Dollar Strengthens as Global Rate Cut Bets Fade | 17th November 2025

Dollar Strengthens as Global Rate Cut Bets Fade | 17th November 2025

The US Dollar strengthened as fading global rate-cut expectations boosted demand for safety and yield. Risk currencies like NZD, GBP, and EUR fell, while USD pairs firmed on resilient US data and cautious central bank outlooks. Mixed signals from China and weak UK/EU data kept sentiment soft, keeping USD in the driver’s seat.
Moneta Markets | vor 7Std 42 Minuten
Trump retreats, dollar advances

Trump retreats, dollar advances

•The dollar rose thanks to lower tariffs. •The fate of the USD index depends on data. •The yen has taken a clear direction. •The pound is hoping for British inflation.
FxPro | vor 8Std 26 Minuten
Trump retreats, dollar advances

Trump retreats, dollar advances

•The dollar rose thanks to lower tariffs. •The fate of the USD index depends on data. •The yen has taken a clear direction. •The pound is hoping for British inflation.
FxPro | vor 8Std 27 Minuten
ATFX Market Outlook 17th November 2025

ATFX Market Outlook 17th November 2025

U.S. equities rebounded on Friday after a steep selloff as traders reassessed the likelihood of a Federal Reserve rate cut in December. However, the three major indices ended the week mixed: the S&P 500 rose 0.1%, the Dow gained 0.3%, while the Nasdaq fell 0.5%. The U.S. Dollar Index inched up 0.07% to 99.31. EUR/USD slipped 0.12% to 1.1617.
ATFX | vor 16Std 6 Minuten
The dollar emerging from the data fog

The dollar emerging from the data fog

•The US government shutdown is over. •Central bank policy convergence helps EURUSD. •Political scandal causes the pound to fall. •Japan's currency interventions are ineffective
FxPro | vor 4 Tagen
The dollar emerging from the data fog

The dollar emerging from the data fog

•The US government shutdown is over. •Central bank policy convergence helps EURUSD. •Political scandal causes the pound to fall. •Japan's currency interventions are ineffective
FxPro | vor 4 Tagen