Forex Market Report - 19th 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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vor 502 Tagen
1. Federal Reserve Policy Meeting
- The Federal Reserve is set to announce its interest rate decision today, with markets anticipating a potential rate hike.
- Key focus will be on the Fed's statement and press conference for insights into future monetary policy direction.
- Traders should watch for volatility in USD pairs and US equity markets following the announcement.
2. Eurozone Inflation Data
- Latest CPI data for the Eurozone will be released, providing crucial insights into inflationary pressures.
- Expectations are for a slight decrease in inflation, which could influence ECB's policy stance.
- EUR/USD and EUR/GBP pairs might experience significant movements based on the inflation figures.
3. UK Employment Figures
- The UK is publishing its latest employment data, including the unemployment rate and average earnings.
- A lower unemployment rate and higher earnings growth could bolster the GBP, signaling economic resilience.
- Market participants should monitor GBP/USD and GBP/JPY for potential reactions.
4. China Economic Indicators
- China will release industrial production and retail sales data, key indicators of economic health.
- Recent lockdowns and trade tensions may reflect negatively in these figures, affecting market sentiment.
- AUD/USD and NZD/USD could be impacted due to their close economic ties with China.
5. Crude Oil Inventories Report
- The EIA will publish its weekly crude oil inventories report, with current forecasts predicting a drawdown.
- A larger than expected drawdown could push oil prices higher, influencing commodity currencies like CAD and NOK.
- Traders should keep an eye on USD/CAD and crude oil futures for potential trading opportunities.
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The dollar is regaining authority
Market fears did not materialise
The shutdown helps the US dollar
The yen became October's outsider
The Bank of England may cut rates
FxPro
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vor 8Std 39 Minuten
USDPJY, AUDUSD, GBPUSD
Fed speakers and ADP data in focus; USDJPY near 8-month high; RBA to hold rates at 3.60%; AUDUSD under pressure; BoE likely to stand pat; GBPUSD weak, eyes 6½ -month low
XM Group
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vor 8Std 45 Minuten
EUR/USD Under Sustained Pressure as Markets Await Key Data
The EUR/USD pair is declining for a fourth consecutive session, edging closer to the 1.1532 level. Investor sentiment remains cautious as markets digest recent trade developments and await a slew of high-impact economic data.
RoboForex
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vor 10Std 28 Minuten
ATFX Market Outlook 3rd November 2025
U.S. equities ended higher on Friday, led by Amazon’s upbeat earnings forecast, though investor optimism was tempered by renewed caution from several Federal Reserve officials. For the week, the S&P 500 rose 0.7%, the Nasdaq gained 2.24%, and the Dow added 0.75%. Several Fed hawks voiced opposition to further rate cuts, citing persistent inflation risks, which boosted the U.S. Dollar Index
ATFX
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vor 10Std 36 Minuten
Verbal interventions do not help yen
Verbal interventions do not help yen. The Bank of Japan's passivity and the ECB's reluctance to spring surprises weakened the yen and the euro, adding fuel to the USD index rally.
FxPro
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vor 3 Tagen
ATFX Market Outlook 31st October 2025
U.S. equities fell on Thursday, with the three major indexes closing lower as Meta and Microsoft shares plunged amid market concerns over their substantial expenditures on artificial intelligence. The Nasdaq and S&P 500 led the decline, while the Dow Jones Industrial Average dropped 0.23%, the S&P 500 slid 0.99%, and the Nasdaq Composite tumbled 1.57%.
ATFX
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vor 3 Tagen
Hawkish Fed Tone Keeps Dollar Firm, Metals Mixed | 31st October 2025
Markets steadied as the US Dollar stayed firm after hawkish Fed remarks dampened hopes for near-term rate cuts. Gold hovered below $4,050 and silver near $49.00 amid cautious sentiment. The Aussie weakened on soft China data, while USD/JPY slipped as sticky Tokyo inflation revived BoJ shift bets. Traders await key US inflation and jobs data.
Moneta Markets
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vor 3 Tagen
The dollar got a second boost from the Fed
The dollar got a second boost from the Fed: The second consecutive cut in the federal funds rate in 2025 has once again strengthened the US dollar.
FxPro
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vor 4 Tagen
