EBC Daily Snapshot Jul 11, 2024
On Thursday, the dollar dropped as Fed Chair Jerome Powell suggested a nearing interest rate cut, contingent on further inflation declines.
EBC Financial Group
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EBC Financial Group
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Markets buoyed by US data; equities rebound, dollar slips
US jobs and PMI data ease growth concerns, boosting sentiment. Wall Street indices close higher but stay cautious. Yields jump as Fed rate cut bets pared back, yet dollar retreats. Pound extends recovery ahead of BoE decision.
XM Group
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hace 24 minutos
EBC Markets Briefing | Euro rebounds; clean energy has shined in 2025
The dollar stayed below multi-month highs on Thursday, with riskier assets recovering, while the euro ended its consecutive declines.
EBC Financial Group
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hace 1h 16min
The pound fears the Bank of England
• The dollar risks weakening due to the stock market.
• The Supreme Court calls tariffs taxes.
• The pound fears a reduction in the repo rate.
• Wage data does not help the yen.
FxPro
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hace 1h 34min
Gold (XAUUSD) Analysis: Is a Price Squeeze Signaling Volatility Ahead?
Gold (XAUUSD) is consolidating within a tight range as technical indicators point to potential volatility ahead. The daily chart suggests oversold conditions with possible short-term recovery, while resistance near 4015.00 and support at 3950.00 remain key pivot zones likely to define the next directional move.
Ultima Markets
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hace 1h 41min
Crypto bulls fail to maintain momentum
Crypto market up 1% after 4-day drop, stabilizing above $3.4T. Sentiment improves, but caution remains amid dollar strength.
FxPro
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hace 2h 22min
Crypto bulls fail to maintain momentum
Crypto market up 1% after 4-day drop, stabilizing above $3.4T. Sentiment improves, but caution remains amid dollar strength.
FxPro
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hace 2h 23min
GBP/USD Hovers Near Lows as Bank of England Decision Looms
The GBP/USD pair is attempting to find support around 1.3062 on Thursday, with investors cautiously positioning themselves ahead of today's pivotal Bank of England (BoE) monetary policy meeting.
RoboForex
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hace 3h 0min
USDJPY pauses below 154.00 amid strong US data
USDJPY struggles to reach new multi-month high; Prices dive below 154.00; Stochastic turns down and MACD flattens
XM Group
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hace 3h 33min
