EBC Daily Snapshot Jul 10, 2024
The dollar rose Wednesday after Fed Chair Powell said a rate cut won't happen until the Fed is confident inflation is heading to the 2% target.
EBC Financial Group
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EBC Financial Group
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Reglamento: FCA (UK), ASIC (Australia), CIMA (Cayman Islands)
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Gold Bulls have no choice but to push
Gold's rally to record highs above $4,300 per ounce resulted from a debasement trade. As a result, investors are losing confidence in government bonds and currencies.
FxPro
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hace 23h 51min
US-China trade conflict bringing back the Sell-America trade
The escalation of the trade conflict between the US and China brought the American dollar back down.
FxPro
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hace 1
US-China trade conflict bringing back the Sell-America trade
The escalation of the trade conflict between the US and China brought the American dollar back down.
FxPro
|
hace 1
US-China trade conflict bringing back the Sell-America trade
The escalation of the trade conflict between the US and China brought the American dollar back down.
FxPro
|
hace 1
US-China trade conflict bringing back the Sell-America trade
The escalation of the trade conflict between the US and China brought the American dollar back down.
FxPro
|
hace 1
US bank woes hit equities, dollar sinks too as gold soars again
Global equities tumble amid fresh credit concerns for US regional banks. Dollar deepens losses as yen and franc rally. Gold and silver hit new records, oil slips. Investors ramp up Fed rate cut bets, pushing yields lower.
XM Group
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hace 1
The crypto is updating its three-month lows
The crypto market resumed its decline on Friday, falling 5% in 24 hours to $3.57 trillion. This time, it looks more like a painful reflex
FxPro
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Yen Nears End of Corrective Phase
Market sentiment remains highly sensitive to rhetoric from the Federal Reserve and statements from the White House. This is particularly true given the protracted government shutdown and the resurgence of trade disputes with several Asian partners.
RoboForex
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hace 1
