EBC Daily Snapshot Sep 4, 2024
Safe-haven currencies surged Wednesday as Wall Street and Asian stocks fell sharply, leading to losses in commodity currencies.
EBC Financial Group
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hace 729
EBC Financial Group
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Tipo: STP, ECN
Reglamento: FCA (UK), ASIC (Australia), CIMA (Cayman Islands), FSCA (South Africa)
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Gold and Oil Rise as Central Bank Signals Drive Currency Markets | 3rd September, 2026
Global markets remain driven by geopolitical tensions, commodity strength and shifting central-bank expectations. Gold is recovering above $4,400 as yields and the Dollar soften, while WTI stays near $90 on Middle East supply risks. JPY and CAD are strengthening, while Sterling remains under pressure ahead of US data and Friday’s NFP.
Moneta Markets
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hace 1h 55min
The yen is advancing on three fronts
The yen surged on three simultaneous tailwinds: BoJ rate hike expectations rising to 90% with speculation of a 50bp move, rumours of currency intervention, and an extraordinary GPIF meeting fuelling speculation of a portfolio shift toward domestic bonds. Falling Treasury yields and weak ADP data added further pressure on the dollar, pushing USDJPY sharply lower.
FxPro
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hace 1h 58min
USDX Stabilises Near 99.50 Ahead of NFP Report
USDX is holding near recent highs as traders wait for labour market data that could shape expectations for future Fed policy.
VT Markets
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hace 2h 39min
Gold Near $4,400 as NFP Data Tests Fed Rate Expectations
Markets are watching whether upcoming economic data can change the outlook for interest rates and influence demand for the precious metal.
VT Markets
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hace 3h 17min
The US Equities Brace for Further Pressure as Short Positioning Reaches Extremes
The US equities are flashing increasingly defensive signals. Small caps are leading the sell-off, with the Russell 2000 underperforming and put/call positioning turning extremely bearish. Meanwhile, net shorts in Nasdaq 100 futures have surged to multi-year highs, creating downside risk — but also the potential for a powerful short squeeze.
Headway
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hace 18h 57min
Brent is heading towards $100 a barrel
Brent is rallying on Middle East escalation and Strait of Hormuz supply fears, pushing the dollar to two-week highs as rising oil prices fuel inflation expectations and lift the probability of a Fed rate hike in September to 68%. Strong US manufacturing PMI and hawkish FOMC comments are adding further fuel to the Treasury yield rally.
FxPro
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hace 21h 31min
Gold Rallies Beyond Fed Expectations as Treasury Policy Shifts Market Focus
Gold gained momentum as traders looked beyond Federal Reserve policy and focused on whether Treasury actions could influence long-term yields, the US dollar and demand for precious metals.
VT Markets
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hace 23h 48min
Further Middle East hostilities fuel dollar’s engines
Dollar rallies as US-Iran strikes lift oil and bolster Fed hike bets - Yen rebounds as BoJ Gov. Ueda appears ready to raise interest rates - Kiwi falls as RBNZ hikes, but appears less hawkish than expected - Wall Street and gold tumble amid renewed inflation fears
XM Group
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hace 23h 55min
