EBC Daily Snapshot Aug 28, 2024

On Wednesday, the US dollar stayed near its lowest level in over a year, with forex market activity muted as traders awaited updates on the economy.
EBC Financial Group | 441 दिनों पहले

EBC Financial Group
प्रकार: STP, ECN
विनियम: FCA (UK), ASIC (Australia), CIMA (Cayman Islands)
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AUD/USD Up as RBA Signals End to Rate Cutting Cycle

AUD/USD Up as RBA Signals End to Rate Cutting Cycle

The Australian dollar rose as the RBA signaled an end to its rate-cutting cycle, with Deputy Governor Hauser warning of limited room for further easing amid persistent inflation and capacity constraints.
ActivTrades | 2घंटे 3 मिनट पहले
The dollar roller coaster ride

The dollar roller coaster ride

•The acceleration of foreign economies will weaken the US dollar. •The USD index may fall another 13.5%. •GBP is pressured by political uncertainty. •Verbal interventions are not helping the yen.
FxPro | 3घंटे 13 मिनट पहले
Yen intervention risk rises, US jobs concerns intensify

Yen intervention risk rises, US jobs concerns intensify

Japan’s Katayama highlights negative impact of weak yen - US labor market concerns increase chance of December Fed cut - Soft UK jobs report takes BoE rate cut probability higher - Stock futures rise; gold extends rebound despite broader optimism
XM Group | 3घंटे 46 मिनट पहले
Pound Succumbs to Pressure from Weak Labour Data

Pound Succumbs to Pressure from Weak Labour Data

The GBP/USD pair snapped a four-day winning streak, declining for a second day to trade around 1.3135. The sell-off was triggered by UK labour market data revealing a rise in unemployment and a deceleration in annual wage growth.
RoboForex | 4घंटे 52 मिनट पहले