Daily Global Market Update

Pound weakened against the dollar, Bitcoin declined, and oil prices remained stable. The Australian dollar recovered, and the global financial landscape saw increased cryptocurrency hacking and mixed economic signals. Key economic events to watch include Japanese and European data releases.

Moneta Markets | 140天前

Pound's Decline Against the Dollar

The GBP/USD pair dropped by 0.4% in the last session. The MACD is currently signalling a negative trend.

Bitcoin's Downward Movement

Bitcoin paired with the dollar fell by 1.7% in the last session. The CCI is indicating a negative trend.

Oil Market Trends

The oil-dollar pair traded sideways in the last session. The Stochastic indicator is giving a positive signal.

Australian Dollar's Recovery

The AUD/USD pair gained by 0.5% in the last session. The RSI indicates the market is currently oversold.

Global Financial Headlines

Funds stolen from hacking cryptocurrency platforms surged by 21% in 2024, reaching $2.2 billion, according to a report from Chainalysis. This marked the fourth consecutive year where losses exceeded $1 billion, with hacking incidents rising to 303 from 282 in 2023. The US economy saw faster growth in the third quarter, with GDP increasing by an annualised 3.1%, driven by strong consumer spending. Meanwhile, oil prices fell as cautious signals from US and European central banks raised concerns about weak economic activity impacting demand.

Upcoming Economic Highlights

Key economic events to watch include:

• Japan's Labour Cash Earnings – 2330 GMT

• US Red Book Index – 1355 GMT

• UK's BRC Retail Sales – 0001 GMT

• Japan's Overall Household Spending – 2330 GMT

• Eurozone's Unemployment Rate – 1000 GMT

• Germany's Industrial Production – 0700 GMT

規則: FSA (Seychelles), FSCA (South Africa)

GBPUSD Analysis: Pound Potentially Form a Head & Shoulders

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the GBPUSD for May 8th, 2025.

Ultima Markets | 1天前

Tariffs Ignite Safe-Haven Rally

Global financial markets on May 6, 2025, are stabilizing as investors await the Federal Reserve’s two-day FOMC meeting, with major currency pairs trading in tight ranges. Gold and silver rally on safe-haven demand driven by Trump’s new tariff threats and Middle East tensions, while the US Dollar holds steady despite recent weakness.

Moneta Markets | 3天前

GBPUSD shows bullish spark, but key resistance nearby

GBPUSD sends mixed signals near key support area of 1.3250. Bulls need a decisive close above 1.3285.

XM Group | 3天前

ATFX Market Outlook 6th May 2025

U.S. ISM Services PMI for April indicated accelerated expansion. However, the input prices index surged to its highest level in over two years, highlighting rising inflationary pressures likely stemming from tariffs. U.S. Treasury yields inched higher, while the dollar weakened against major currencies like the euro and yen as markets assessed the ongoing uncertainty surrounding President Trump’s

ATFX | 3天前

USDJPY, GBPUSD, Oil

Fed policy meeting to leave rates on hold; Will USDJPY recover ground?; BoC to cut rates by 25bps; GBPUSD ticks up; OPEC+ speeds up increases; WTI opens with bearish gap

XM Group | 4天前

ATFX Market Outlook 5th May 2025

Last Friday, the April Nonfarm Payrolls report in the U.S. surpassed expectations, indicating a resilient labor market. However, signs of slowing economic momentum, such as a contraction in Q1 GDP and rising jobless claims, raised concerns about a broader slowdown.

ATFX | 4天前

AUD/USD in a range: Is a bullish breakout next?

AUD/USD extends sideways move within 0.6340-0.6448 area. Key resistance levels in focus as bullish breakout still likely.

XM Group | 7天前

Daily Market Update: May 2, 2025

Global financial markets on May 2, 2025, are bracing for the US Nonfarm Payrolls (NFP) report, with expectations of moderated job growth at 130K amid economic uncertainty.

Moneta Markets | 7天前

EURUSD	1.12544	GBPUSD	1.32785	AUDUSD	0.64071
USDJPY	145.231	USDCAD	1.39095	USDCHF	0.83084