EBC Daily Snapshot Jul 10, 2024

The dollar rose Wednesday after Fed Chair Powell said a rate cut won't happen until the Fed is confident inflation is heading to the 2% target.
EBC Financial Group | 511 दिनों पहले

EBC Financial Group
प्रकार: STP, ECN
विनियम: FCA (UK), ASIC (Australia), CIMA (Cayman Islands)
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The dollar is weakening, as set by seasonality

The dollar is weakening, as set by seasonality

December, a seasonally weak month for the dollar, coincided with expectations of aggressive easing by the Fed. Divergence in monetary policy is helping the Yen and the Australian dollar.
FxPro | 2घंटे 21 मिनट पहले
The dollar is weakening, as set by seasonality

The dollar is weakening, as set by seasonality

December, a seasonally weak month for the dollar, coincided with expectations of aggressive easing by the Fed. Divergence in monetary policy is helping the Yen and the Australian dollar.
FxPro | 2घंटे 22 मिनट पहले
Focus Turns to US ADP Report Tonight as Quiet Trading Set to Break

Focus Turns to US ADP Report Tonight as Quiet Trading Set to Break

US equities closed higher on Tuesday in thin trading, marking gains in six of the past seven sessions. Tech stocks lifted overall sentiment, and expectations for a Federal Reserve rate cut next week remain strong. The Dow rose 0.39%, the S&P 500 gained 0.25%, and the Nasdaq added 0.59%. The US Dollar Index softened into the close, slipping 0.06% to 99.34, while EUR/USD edged up 0.1% to 1.1624.
ATFX | 2घंटे 25 मिनट पहले
USD/JPY Declines as Market Focus Shifts to Bank of Japan Policy

USD/JPY Declines as Market Focus Shifts to Bank of Japan Policy

The USD/JPY pair fell to 155.67 on Wednesday, recovering part of the previous session’s sharp losses. The decline was driven by renewed pressure on the US dollar, as market expectations for a deeper Federal Reserve easing cycle gained traction.
RoboForex | 2घंटे 30 मिनट पहले
US data takes centre stage as cautious market mood persists

US data takes centre stage as cautious market mood persists

Fragile risk appetite, despite cryptos showing signs of life; Strong Fed cut expectations as key US data in the spotlight today; Dollar weakness lingers, dollar/yen decline stabilizes; Oil and gold in anticipation mode; US-Russia negotiations hit a speed bump;
XM Group | 2घंटे 59 मिनट पहले