Daily Global Market Update

Gold, euro, pound, bitcoin fell. RSI, ROC, Williams, Stochastic indicate overbought/oversold. Wall Street retreated, treasury yields rose. Crypto inflows, Spirit Airlines surged. Key economic events: Redbook, API, Dutch, Finland, Belgian, UK.

Moneta Markets | vor 206 Tagen

Gold's Minor Correction

The gold-dollar pair made a minor downwards correction in the last session, dropping 0.1%. According to the RSI, we are in an overbought market.

Euro's Decline

The Euro fell 0.4% against the dollar in the last session. The Rate of Change (ROC) is giving a negative signal.

Pound's Downturn

The pound fell 0.5% against the dollar in the last trading session. According to the Williams Percent Range indicator, we are in an oversold market.

Bitcoin's Decline

The Bitcoin-dollar pair dove 1.9% in the last session. The Stochastic RSI is giving a negative signal.

Global Financial Headlines

Wall Street lost ground, retreating after a strong rally the previous week as investors awaited earnings from major companies. A jump in treasury yields added pressure, with the yield on the benchmark 10-year bond rising to a 12-week high. Cryptocurrency investment products recorded their biggest inflows since July, hitting the $2.2 billion weekly mark, according to CoinShares. Shares of Spirit Airlines surged as much as 46% after reaching a deal with its credit card processor to extend a debt refinancing deadline by two months until December 23rd.

Upcoming Economic Highlights

Key economic events to look out for include:

• US Redbook Index - 1255 GMT

• US API Weekly Crude Oil Stock - 2030 GMT

• Dutch Consumer Confidence Adjusted - 0430 GMT

• Finland's Unemployment Rate - 0500 GMT

• Belgian Consumer Confidence Index - 0900 GMT

• UK's Public Sector Net Borrowing - 0600 GMT

Vorschrift: FSA (Seychelles), FSCA (South Africa)

Tags: Analyse

Is the market underestimating XRP’s breakout potential?

Bitcoin is making waves above $100K. Ethereum has the ETF crowd buzzing. But XRP? It’s quietly gearing up for what could be its biggest move yet - and most people aren’t paying attention.

Deriv | vor 8Std 14 Minuten

Crypto market close to a top, with the possibility of a slight decline

Expert market comment made by Chief Market Analyst Alex Kuptsikevich of the FxPro Analyst Team: Crypto market close to a top, with the possibility of a slight decline

FxPro | vor 8Std 49 Minuten

EBC Markets Briefing | EU firms yet to get out of the hole

European shares closed higher Thursday, led by industrials. Despite the new trade truce, uncertainty still clouds European firms' outlook.

EBC Financial Group | vor 10Std 10 Minuten

Dollar extends pullback, stocks mixed as markets lack direction

Dollar close to reversing weekly gains as trade euphoria fizzles out. But stocks maintain some momentum as Fed rate cut bets get small boost. Gold headed for weekly losses as it struggles to bounce back.

XM Group | vor 11Std 38 Minuten

Surprising US price weakness and renewed dollar drowning

Expert market comment made by Chief Market Analyst Alex Kuptsikevich of the FxPro Analyst Team: Surprising US price weakness and renewed dollar drowning

FxPro | vor 13Std 45 Minuten

EUR/USD Unchanged Amid Mixed News and Lingering Risks

The EUR/USD pair remained steady near 1.1196 on Friday, closing the week with little movement.

RoboForex | vor 14Std 0 Minuten

ATFX Market Outlook 16th May 2025

U.S. retail sales increased at a much weaker rate in April as the pre-tariff scramble to purchase automobiles exhausted itself and shoppers trimmed other spending in the face of growing economic uncertainty. In addition, Federal Reserve Chairman Jerome Powell stated the Fed needs to reconsider its existing employment and inflation paradigm within monetary policy.

ATFX | vor 19Std 4 Minuten

EBC’s Million Dollar Trading Challenge II | Newcomer’s $544,000 Day Sets New Benchmark in EBC Challenge

On May 15, 2025, EBC's Trading Challenge saw huge gains as one trader made $544K in a day, with others profiting from gold’s sharp drop.

EBC Financial Group | vor 1 Tagen

EURUSD	1.11549	GBPUSD	1.32809	AUDUSD	0.64069
USDJPY	145.873	USDCAD	1.39826	USDCHF	0.83882