Daily Global Market Update

GBP strengthened 0.5%, Bitcoin rose 1.1%, Oil dropped 2.5%, AUD slightly recovered 0.1%. Binance faces UK re-entry hurdles, Bank of England holds rates amid split vote. Global factors include Fed hints at rate cuts and China's property sector support. Key events: UK and Japan CFTC net positions, US earnings and payrolls, Spain's unemployment change, and Australia's Producer Price Index.

Moneta Markets | hace 475

Pound's Steady Climb

The GBP/USD pair witnessed a 0.5% surge against the dollar in the latest session. The CCI indicator is currently suggesting a positive outlook.

Bitcoin's Bullish Session

Bitcoin demonstrated a robust performance by gaining 1.1% against the dollar, with an intraday high of 1.5%. The MACD indicator aligns with this bullish momentum.

Oil's Downward Trend

The Oil/USD pair plunged 2.5% in the recent session, with the RSI indicating a bearish signal.

AUD's Slight Recovery

The AUD/USD pair made a minor upward correction, appreciating by 0.1%. The CCI indicates that we are currently in an oversold market.

Global Financial Headlines

Binance faces hurdles as it seeks re-entry into the UK market amidst regulatory challenges. Meanwhile, the Bank of England's interest rate decision came as anticipated, following a three-way split in voting. Globally, oil prices received a nudge from the Federal Reserve's hints at rate cuts and China's new support measures for its property sector.

Today's Economic Events

A glance at today's key economic releases:

• UK's CFTC GBP NC net positions - 2030 GMT

• Japan's CFTC JPY NC net positions - 2030 GMT

• US Average Hourly Earnings - 1330 GMT

• US Non-Farm Payrolls - 1330 GMT

• Spain's Unemployment Change - 0800 GMT

• Australia's Producer Price Index - 0030 GMT

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

Pound Falls, Euro Dips: May 22, 2025

Global financial markets on May 22, 2025, are shaped by persistent US fiscal concerns, mixed economic data, and geopolitical uncertainties. Hot UK inflation (3.5% YoY) lifts GBP/USD near a three-year high, while weak Eurozone PMI data (Composite 49.5) pressures EUR/USD and EUR/JPY.

Moneta Markets | hace 9h 50min

Sterling Strengthens Weak US Dollar and UK Inflation Provide Support

The GBP/USD pair continues its upward trajectory, reaching 1.3429 by Thursday. It is now trading just below yesterday’s peak, its highest level since February 2022.

RoboForex | hace 13h 10min

UK’s inflation surge puts BoE closer to Fed

Expert market comment made by Chief Market Analyst Alex Kuptsikevich of the FxPro Analyst Team: UK’s inflation surge puts BoE closer to Fed

FxPro | hace 1

Big Calls and Bigger Shifts: Inside Week 11 of EBC’s Million Dollar Trading Challenge II

EBC’s Million Dollar Trading Challenge II heats up with bold trades, strong risk management, and rising stars pushing limits for a thrilling finale ahead.

EBC Financial Group | hace 1

ATFX Market Outlook 21st May 2025

On Tuesday, Federal Reserve officials warned that U.S. tariff hikes could drive prices higher, though it remains unclear whether the impact on inflation will be short-lived or persistent. U.S. stocks declined, ending the S&P 500’s six-day rally, as rising Treasury yields and concerns over sovereign debt weighed on market sentiment.

ATFX | hace 1

Dollar Falls, Pound Gains: May 15, 2025

Global financial markets on May 20, 2025, are driven by central bank actions and geopolitical developments, with focus on the RBA’s press conference post-rate cut, PBoC’s LPR reduction, and potential Russia-Ukraine ceasefire talks.

Moneta Markets | hace 2

GBPUSD exits bearish channel

GBPUSD increases odds of bullish continuation . A break above 1.3440 could hand over control to the bulls.

XM Group | hace 2

ATFX Market Outlook 20th May 2025

Different Federal Reserve officials made speeches, issuing warnings on the impact of the U.S. sovereign credit rating downgrade as well as market volatility, as they continue to work in a very uncertain economic environment. Stocks in the U.S. closed nearly even on Monday, with the market mood dampened following the comments on the U.S. credit rating downgrade.

ATFX | hace 2

EURUSD	1.12797	GBPUSD	1.3418	AUDUSD	0.64094
USDJPY	144.025	USDCAD	1.38567	USDCHF	0.8279