Daily Global Market Update

Pound-dollar dropped 1.1% with negative sentiment, Bitcoin down 0.4% in oversold market, oil-dollar rose 0.4% with negative MACD, and aussie-dollar plummeted 1.6%. Global news: Bitcoin under $27,000, UK economy up 0.2%, White House preps Russian oil sanctions. Upcoming: US Consumer Sentiment, Budget, Eurozone Production, Finland GDP, Japan & UK CFTC Positions.

Moneta Markets | hace 583

Pound Dollar's Deep Dive

The pound-dollar pair experienced a notable drop of 1.1% during the last trading session. According to the Rate of Change (ROC), there is a negative sentiment towards the pair's performance.

Bitcoin's Consecutive Decline

Bitcoin faced a decline of 0.4% against the dollar in its recent session. The Williams indicator suggests the market is in an oversold condition.

Oil's Positive Momentum

The oil-dollar pair marked an elevation of 0.4% in the last trading session. However, the MACD suggests a negative signal.

Aussie's Drastic Fall

The aussie-dollar pair saw a sharp fall of 1.6% in its previous trading session. As indicated by the Williams Indicator, the market is currently oversold.

Global Financial Headlines

Bitcoin has continued its downward streak for five days, now trading below $27,000. The currency is down 2%, with the latest trading session seeing it hover around $26,600. Additionally, the UK economy has seen a slight rebound in August, with a 0.2% growth mainly attributed to the services sector's recovery. On the geopolitical front, in response to Russia's alleged premium pricing on oil relative to the G7 standard, the White House is preparing sanctions targeting Russian oil exports.

Upcoming Economic Highlights

Here are the key economic releases expected today:

• US Michigan Consumer Sentiment Index - 1400 hours GMT

• US Monthly Budget Statement - 1800 hours GMT

• Eurozone's Industrial Production - 0900 hours GMT

• Finland's Gross Domestic Product - 0500 GMT

• Japan's CFTC JPY NC Net Positions - 2030 GMT

• UK's CFTC GBP DNC Net Positions - 2030 GMT

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

Tags: Análisis

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 | hace 1

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 | hace 1

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 | hace 1

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 | hace 2

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 | hace 2

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 | hace 2

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 | hace 2

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 | hace 3

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