Daily Global Market Update

Gold prices dropped significantly, while the Euro gained slightly. The Pound dipped, and Bitcoin fell sharply. Global equities rose as the dollar weakened. DeFi tokens surged, and the total value locked in DeFi reached a three-year high. Apple's investment proposal in Indonesia was rejected. Key economic events like US Non-Farm Payrolls and UK CPI are due.

Moneta Markets | hace 170

Gold's Significant Decline

The Gold-Dollar pair plummeted by 3.8% in the last session. The Commodity Channel Index (CCI) is currently giving a negative signal.

Euro's Slight Recovery

The EUR/USD pair gained 0.1% in the last session. The CCI is giving a positive signal, indicating potential for further upward movement.

Pound's Slight Decline

The GBP/USD pair fell by 0.2% in the last session. The Ultimate Oscillator is signalling a positive outlook, suggesting potential recovery.

Bitcoin's Major Drop

The Bitcoin-Dollar pair plunged 2.9% in the last session. The Williams Percent Range is giving a negative signal, indicating bearish momentum.

Global Financial Updates

The MSCI Global Equities Index rose slightly as the US dollar weakened, accompanied by a drop in government bond yields. Native tokens from various DeFi protocols surged above 50% in November, reflecting investor confidence post-US elections. Meanwhile, the total value locked on DeFi protocols reached $18.4 billion, marking a three-year high. In other news, Apple’s proposed $100 million investment for a plant in Indonesia faced rejection due to local content requirements for smartphones.

Upcoming Economic Events

Key economic updates to monitor include:

• US Non-Farm Payrolls - 1330 GMT

• UK Consumer Price Index - 0700 GMT

• Eurozone GDP Growth Rate - 1000 GMT

• Japan Machinery Orders - 2330 GMT

• Germany's Trade Balance - 0600 GMT

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

GBP/USD at a Crossroads: Momentum Needed for New Buying Opportunities

The GBP/USD pair has again lost direction, hovering around 1.3283 on Thursday after hitting a seven-day high mid-week.

RoboForex | hace 8h 14min

GBPUSD Analysis: The Fed Still Has Expectations of Cuts This Year

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the GBPUSD for May 14th, 2025.

Ultima Markets | hace 1

Week 10 of EBC’s Million Dollar Trading Challenge II: Bold Moves, Big Lessons

In Week 10 of EBC’s Million Dollar Trading Challenge II, bold strategies and dramatic comebacks reshaped the leaderboard, highlighting adaptability and trading resilience.

EBC Financial Group | hace 1

German economic sentiment rebound supports the euro

Expert market comment made by Chief Market Analyst Alex Kuptsikevich of the FxPro Analyst Team: German economic sentiment rebound supports the euro

FxPro | hace 2

US Dollar Roars Back in a Blaze of Glory as Market Shrugs Off Recession Fears

EUR/USD dropped to 1.1110 on Tuesday, with the US dollar surging by over 1% in the previous trading session. The rally was driven by market reactions to news of a provisional agreement between China and the US to reduce tariffs, which helped alleviate global recession fears.

RoboForex | hace 2

US 100, EURUSD, GBPUSD

US-China trade talks send Wall Street sharply higher; US CPI on calendar; EURUSD tumbles ahead of Eurozone GDP; US-UK trade deal and UK GDP in focus; GBPUSD below 1.3200

XM Group | hace 3

Moneta Markets Daily Market Update: May 12, 2025

Global financial markets on May 12, 2025, are buoyed by optimism surrounding a US-China trade deal, though uncertainties over tariff reductions temper gains. Gold drops to a one-week low near $3,253, while EUR/USD holds above 1.1200, awaiting trade deal details.

Moneta Markets | hace 3

GBPUSD Analysis: Pound Potentially Form a Head & Shoulders

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the GBPUSD for May 8th, 2025.

Ultima Markets | hace 7

EURUSD	1.11775	GBPUSD	1.32948	AUDUSD	0.64015
USDJPY	145.671	USDCAD	1.39705	USDCHF	0.83663