Forex Market Report - 19th June 2024
Our forex market report offers an overview of critical economic and financial events that impact the global forex markets. Traders should closely monitor developments to fine-tune their trading strategies accordingly.
DNA Markets
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505 दिनों पहले
1. Federal Reserve Policy Meeting
- The Federal Reserve is set to announce its interest rate decision today, with markets anticipating a potential rate hike.
- Key focus will be on the Fed's statement and press conference for insights into future monetary policy direction.
- Traders should watch for volatility in USD pairs and US equity markets following the announcement.
2. Eurozone Inflation Data
- Latest CPI data for the Eurozone will be released, providing crucial insights into inflationary pressures.
- Expectations are for a slight decrease in inflation, which could influence ECB's policy stance.
- EUR/USD and EUR/GBP pairs might experience significant movements based on the inflation figures.
3. UK Employment Figures
- The UK is publishing its latest employment data, including the unemployment rate and average earnings.
- A lower unemployment rate and higher earnings growth could bolster the GBP, signaling economic resilience.
- Market participants should monitor GBP/USD and GBP/JPY for potential reactions.
4. China Economic Indicators
- China will release industrial production and retail sales data, key indicators of economic health.
- Recent lockdowns and trade tensions may reflect negatively in these figures, affecting market sentiment.
- AUD/USD and NZD/USD could be impacted due to their close economic ties with China.
5. Crude Oil Inventories Report
- The EIA will publish its weekly crude oil inventories report, with current forecasts predicting a drawdown.
- A larger than expected drawdown could push oil prices higher, influencing commodity currencies like CAD and NOK.
- Traders should keep an eye on USD/CAD and crude oil futures for potential trading opportunities.
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GBP/USD takes a hit on UK budget jitters
GBP/USD slides to 1.3000 on tax-hike fears. Bears break 2025 uptrend as technical signals point to oversold conditions.
XM Group
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22घंटे 11 मिनट पहले
ATFX Market Outlook 5th November 2025
U.S. Senate failed to pass a temporary funding bill once again on Tuesday, setting the stage for a government shutdown that will soon surpass the 35-day record from late 2018 to early 2019. Wall Street closed sharply lower as major banks warned of potential corrections, reflecting growing concerns over stretched valuations.
ATFX
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23घंटे 43 मिनट पहले
Shutdown Risks, Tariff Relief Shape FX Moves | 5th November 2025
Markets traded mixed as a possible U.S. government shutdown and easing U.S.-China tensions shaped sentiment. Gold climbed above $4,000 on safe-haven demand, WTI oil slipped near $60 on rising inventories, and GBP/USD fell to 1.3040 amid BoE caution. China’s tariff cuts boosted optimism, but traders remain wary ahead of key U.S. data.
Moneta Markets
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1 दिन पहले
The euro holds on by a thread
• The US is poised for a record shutdown.
• Weak PMI data halted the dollar.
• Rumours of intervention strengthened the yen.
• Slowing inflation weakened the franc.
FxPro
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1 दिन पहले
Central Banks Drive FX Moves: RBA Holds, BoJ Hints at Hikes | 4th November 2025
Global FX markets opened cautiously as central banks set the tone. The Aussie briefly firmed after the RBA held rates at 3.6%, while the Yen strengthened on rising BoJ hike bets. GBP/USD steadied near 1.3150, EUR/JPY slipped to 177.00, USD/CAD stayed above 1.4050, and AUD/NZD hit a two-year high. Traders await U.S. jobs data for Fed clues.
Moneta Markets
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1 दिन पहले
ATFX Market Outlook 4th November 2025
Gold prices steadied, hovering around the key $ 4,000-per-ounce mark amid a lack of clear direction. Traders are awaiting U.S. private-sector employment data later this week for further cues. Oil prices steadied as markets balanced OPEC+’s latest production increases against reports that the group may pause additional output hikes in the first quarter of 2026.
ATFX
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2 दिनों पहले
The dollar is regaining authority
Market fears did not materialise
The shutdown helps the US dollar
The yen became October's outsider
The Bank of England may cut rates
FxPro
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2 दिनों पहले
USDPJY, AUDUSD, GBPUSD
Fed speakers and ADP data in focus; USDJPY near 8-month high; RBA to hold rates at 3.60%; AUDUSD under pressure; BoE likely to stand pat; GBPUSD weak, eyes 6½ -month low
XM Group
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2 दिनों पहले
