विश्लेषण

USDJPY buyers appear strong in 2024

USDJPY buyers appear strong in 2024

USDJPY started 2024 in a positive mode as it rebounded off the 140.90 support level with strong resistance coming from the steep descending trend line.
XM Group | 599 दिनों पहले
Daily Global Market Update

Daily Global Market Update

Bitcoin up 2.3%, Amazon shares down 1%, Australian dollar drops 0.6%, gold retracts 0.2%. Global headlines: Gold starts well in 2024, Binance burns 5.57B Luna tokens. Economic events include U.S ISM Manufacturing PMI, Spain's Unemployment Change, Germany's Unemployment Rate, and Japan's foreign investments.
Moneta Markets | 599 दिनों पहले
Dollar Gains As the U.S. Treasury Plunges

Dollar Gains As the U.S. Treasury Plunges

The global bond market experienced selling pressure as traders scaled back expectations of interest rate cuts from major central banks, including the Federal Reserve. The U.S. Treasury saw a drop, causing the treasury yield to rise by nearly 2% yesterday. This surge in yields bolstered the strength of the U.S. dollar, with the dollar index currently trading above the $102 trajectory.
PU Prime | 599 दिनों पहले
GBPUSD begins 2024 in a muted tone

GBPUSD begins 2024 in a muted tone

GBPUSD pares some gains after posting a 4-month peak - But remains within its upward sloping channel - Positive bias holds as momentum indicators are skewed to the upside
XM Group | 600 दिनों पहले
Dollar starts 2024 on strong footing, Friday’s NFP eyed

Dollar starts 2024 on strong footing, Friday’s NFP eyed

Dollar gains against most of its major counterparts - Fed minutes and US jobs data this week’s highlights - Euro awaits Eurozone’s preliminary inflation numbers - Gold and oil rebound, Asian stocks open the year mixed
XM Group | 600 दिनों पहले
Sterling broadly flat ahead of UK manufacturing PMI

Sterling broadly flat ahead of UK manufacturing PMI

Asia-Pacific markets dip on weak Chinese PMI. S&P Global manufacturing PMI signals contraction. UK's manufacturing PMI falls, but services improve. Eurozone M3 money supply stays negative. US manufacturing PMI and construction spending data awaited. Currency markets stable, US 10-year Treasury yields rise, oil prices firm at $78.30.
Moneta Markets | 600 दिनों पहले
Dollar Gain Despite Poor PMI Reading

Dollar Gain Despite Poor PMI Reading

The U.S. Chicago Purchasing Managers' Index (PMI) reading significantly dropped to 46.9, falling below both the previous reading and market consensus.
PU Prime | 601 दिनों पहले
Prospects of Canada’s GDP Growth

Prospects of Canada’s GDP Growth

In the intricate tapestry of Canada's economic landscape, the month of October brought about a stalling moment, as the Gross Domestic Product (GDP) showed no significant change on a month-on-month (m-o-m) basis, diverging from the anticipated 0.2% gain predicted by consensus expectations.
ACY Securities | 604 दिनों पहले
USD Nothing New Going Into the New Year

USD Nothing New Going Into the New Year

The opening of the Asian session set a positive tone, propelled by a significant downward revision to the United States' Q3 GDP figures, indicating a palpable deceleration in the nation's economic activity. This revision, in turn, fuelled heightened investor expectations of an assertive rate cut by the Federal Open Market Committee (FOMC) in the year 2024.
ACY Securities | 604 दिनों पहले
Daily Global Market Update

Daily Global Market Update

GBP/USD, Bitcoin, and Oil/USD fell; Binance resilient amid regulations; Gold up 5th day on Fed hopes. Economic releases: US Chicago PMI, Baker Hughes Rig Count, Spain CPI, Dutch Retail Sales, Japan, and UK CFTC Net Positions.
Moneta Markets | 604 दिनों पहले
Dollar Rebound Despite Job Market Soften

Dollar Rebound Despite Job Market Soften

Despite dollar rebound, persistent speculation surrounding a potential dovish pivot by the Federal Reserve continues to exert downward pressure on the U.S. dollar.
PU Prime | 604 दिनों पहले
Gold and equities shine bright in thin trading

Gold and equities shine bright in thin trading

Gold closes at its highest level ever as US yields keep falling - Shares on Wall Street also hit record highs, fueled by rate cut bets - Dollar retreats across the board, boosting the euro and yen
XM Group | 605 दिनों पहले
Daily Global Market Update

Daily Global Market Update

Euro strengthens, Dollar weakens, Gold rises (watch for overbought), Google stock retreats. Global economy ends 2023 strong, but risks persist. Upcoming: US jobless claims, oil stocks, Spain retail, Austria PMI, Italy bond auction.
Moneta Markets | 605 दिनों पहले
Stocks flirt with record highs as rate cut bets run wild

Stocks flirt with record highs as rate cut bets run wild

Softer-than-expected PCE inflation boosts early rate cut hopes. Global shares rise after S&P 500 comes within a whisker of its all-time high. Yen slips as BoJ hints at no imminent policy change, dollar muted on depressed yields
XM Group | 606 दिनों पहले
Dollar Dips in Thin, Holiday Trade, AUD Breaks Higher

Dollar Dips in Thin, Holiday Trade, AUD Breaks Higher

The Dollar Index (USD/DXY), a popular measure of the Greenback’s value against a basket of 6 major currencies, dipped to 101.45, from 101.70, and its lowest finish since 27 July. The USD/JPY pair, however, edged higher to 142.45 (142.35) after Japan’s November Jobless Rate remained unchanged, at 2.5%. The Dollar traded to an overnight high at 142.67 JPY before easing.
ACY Securities | 606 दिनों पहले