Analyse

Dollar Rebounds Strongly on Upbeat Economic Data

Dollar Rebounds Strongly on Upbeat Economic Data

Yesterday witnessed a pronounced rally in the dollar index (DXY), effectively nullifying the losses incurred in the preceding session, with the dollar now vying to surpass its prior resistance level at $104.15. This resurgence was underpinned by encouraging economic indicators, including robust job market data and PMI figures that exceeded market expectations
PU Prime | il y a 524
Daily Global Market Update

Daily Global Market Update

Euro gained, Dollar Yen steady, Gold surged caution advised, Microsoft up, Global markets react to Fed, Today: Japan, Germany, US, Australia, UK releases.
Moneta Markets | il y a 525
Dollar Dive on Fed’s Dovish Statement

Dollar Dive on Fed’s Dovish Statement

Fed Chair dovish statement indicated a commitment to rate cuts later this year, despite recent signs of inflationary pressure, exerted downward pressure on the dollar index (DXY), which declined by as much as 0.6%
PU Prime | il y a 525
Daily Global Market Update

Daily Global Market Update

Bitcoin, NIO, AUD/USD, and Gold fell. Global focus: gold prices, Swiss interventions, Bitcoin recovery pre-Fed. Today: Eurozone consumer confidence, US Fed rate decision, FOMC press, Japan exports, UK CPI.
Moneta Markets | il y a 526
USD/JPY advances in the BoJ aftermath

USD/JPY advances in the BoJ aftermath

USDJPY storms to fresh 2024 high after BoJ’s rate hike ; The pair is within breathing distance from 33-year peak ; Momentum indicators point to overbought conditions
XM Group | il y a 526
EUR/USD, GBP/USD, USD/CHF

EUR/USD, GBP/USD, USD/CHF

Major central bank meetings in the calendar this week; Will the Fed meeting affect EUR/USD?; BoE decision will hold rates unchanged; GBP/USD retreats further; SNB policy meeting may help USD/CHF to rise
XM Group | il y a 527