EBC Daily Snapshot Oct 10, 2024

The US hovered near a two-month high on Thursday as markets grew confident in the Fed's patient monetary policy ahead of a key inflation report.

EBC Financial Group
Typ: STP, ECN
Vorschrift: FCA (UK), ASIC (Australia), CIMA (Cayman Islands)
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Investors cheer potential end to US government shutdown

Investors cheer potential end to US government shutdown

G10 FX performance points to increased risk appetite - US Senate advances a bill to fund government until January 30 - Wall Street futures gain on prospect of US gov. reopening - Gold rebounds strongly, perhaps in catch-up response
XM Group | vor 34 Minuten
The dollar plays on bets

The dollar plays on bets

• The US dollar is losing confidence again. • The Fed doubts that interest rates will be lowered. • The Bank of Japan intends to continue the cycle. • The yen is testing the authorities' resolve.
FxPro | vor 59 Minuten
Gold Climbs to Two-Week High

Gold Climbs to Two-Week High

On Monday, gold advanced by more than 1% to 4,050 USD per ounce, reaching a fresh two-week high. The rally was fuelled by mounting concerns over the health of the US economy.
RoboForex | vor 2Std 2 Minuten