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
Tipo: STP, ECN
Reglamento: FCA (UK), ASIC (Australia), CIMA (Cayman Islands)
read more
US Dollar Slides Ahead of Key US Data Releases | 3rd December 2025

US Dollar Slides Ahead of Key US Data Releases | 3rd December 2025

The US Dollar slips toward 99.20 as traders await key US data, while rate-cut expectations keep pressure on the greenback. AUD and NZD strengthen on firm domestic signals and China momentum, USD/CNY edges higher on soft China PMI, and AUD/JPY stays weak after GDP misses. Markets now look to US PCE, ISM, and jobs data for direction.
Moneta Markets | hace 2h 26min
Panic helped the dollar

Panic helped the dollar

Hassett's chances of becoming Fed chair are growing, and the FOMC may cut rates to 3% in 2026. Europe is losing out to the US due to AI, while the BoJ's rate hike is raising concerns.
FxPro | hace 21h 3min
Dollar stabilizes on ISM mfg. PMI, yen resumes slide

Dollar stabilizes on ISM mfg. PMI, yen resumes slide

ISM mfg. slides but prices subindex rebounds - Dollar stabilizes as December Fed cut chance slips somewhat - Yen retreats as JGB auction draws solid demand - Wall Street pulls back, gold eases after hitting resistance at $4,270
XM Group | hace 22h 15min