EBC Daily Snapshot Oct 8, 2024

The dollar held seven-week highs on Tuesday as investors cut rate-cut bets after a strong jobs report, while Middle East tensions weighed on it.

Reglamento: FCA (UK), ASIC (Australia), CIMA (Cayman Islands)
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US data hurt the dollar, ECB to cut rates again

US data hurt the dollar, ECB to cut rates again

Dollar slides as ADP and ISM data miss estimates - Still, investors see 55bps Fed cuts in 2025 ahead of NFPs - BoC stands pad, signals that one more cut may be possible - ECB could deliver dovish rate cut; euro could pull back
XM Group | hace 6h 14min
Silver Shines, Dollar Wavers | 5th June, 2025

Silver Shines, Dollar Wavers | 5th June, 2025

On June 5, 2025, global markets are navigating a mix of economic data, trade uncertainties, and monetary policy expectations. The US Dollar (DXY at 98.90) recovers modestly after weak US data (ISM Services PMI at 49.9, ADP at 37K) but remains capped by Fed rate-cut bets (70% for two 25 bps cuts in 2025) and fiscal concerns.
Moneta Markets | hace 9h 57min