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 | 601 days ago

Pound's Decline Against the Dollar

The GBP/USD pair experienced a 0.5% drop in the last session. The Commodity Channel Index (CCI) indicates an overbought market, suggesting a potential pullback.

Bitcoin's Downward Trend

Bitcoin plunged 2.1% against the dollar in the last session. The Moving Average Convergence Divergence (MACD) is giving a negative signal, indicating bearish momentum.

Oil's Sharp Decline

The Oil/USD pair saw a significant drop of 2.6% in the last session. The Relative Strength Index (RSI) is giving a negative signal, pointing to continued bearish pressure.

Australian Dollar's Minor Retreat

The AUD/USD pair dropped 0.3% against the dollar in the last session. The CCI indicates an overbought market, hinting at a potential reversal.

Global Financial Headlines

Crypto exchange Binance's user base grew by 30% in 2023, a sign of resilience amidst regulatory challenges. Oil prices steadied after a sharp fall, with Middle East tensions influencing market sentiment. Gold advanced for the fifth consecutive day, reflecting investor confidence in an anticipated easing of monetary policy by the Federal Reserve.

Upcoming Economic Highlights

Today’s significant economic releases include the US Chicago PMI, US Baker Hughes Oil Rig Count, Spain's Consumer Price Index, Dutch Retail Sales, and net positions data from Japan and the UK. These indicators will provide further insights into the global financial landscape.

• US Chicago PMI - 1445 GMT

• US Baker Hughes Oil Rig Count - 1800 GMT

• Spain's Consumer Price Index - 0800 GMT

• Dutch Retail Sales - 0530 GMT

• Japan CFTC JPY NC Net Positions - 2030 GMT

• UK CFTC GBP NC Net Positions - 2030 GMT

Regulation: FCA (UK), FSA (Seychelles), FSCA (South Africa)

ATFX Market Outlook 22nd August 2025

Ahead of Fed Chair Jerome Powell’s speech tonight, three Fed officials poured cold water on expectations of a September rate cut. U.S. PMI data showed stronger business activity in August, but weekly jobless claims posted the most significant increase in nearly three months, highlighting continued labor market weakness.

ATFX | 1h 35min ago

Eurozone PMI in Focus as Dollar Holds Strong | 21st August 2025

FX markets tread cautiously ahead of Eurozone PMI and FOMC minutes. EUR/USD holds near 1.1650 under dollar pressure, while GBP/USD slips toward 1.3400 on sticky UK inflation. USD/JPY steadies in the mid-147s, EUR/JPY consolidates near 171.70, and USD/CAD hovers at 1.3880 with oil gains offering little relief. Traders eye PMI prints and Fed signals for direction.

Moneta Markets | 22h 39min ago

ATFX Market Outlook 21st August 2025

The FOMC minutes revealed that only two Fed policymakers supported a rate cut in September. U.S. equities fell on Wednesday, with the Nasdaq and S&P 500 pressured by a tech selloff as investors rotated into lower-valued sectors, while awaiting comments from Fed officials at the Jackson Hole symposium later this week. The Dow edged up 0.04%, the S&P 500 slipped 0.24%, and the Nasdaq lost 0.67%.

ATFX | 1 day ago

AUD/NZD Rallies Amid RBNZ Dovish Cut – Aussie Cross Leads Market Moves | 20th August 2025

AUD/NZD breaks above 1.1000 as the RBNZ’s dovish 25 bp cut highlights policy divergence with the RBA. NZD/USD slips near 0.5850, while AUD/USD softens on China’s steady rates. DXY climbs above 98.00 ahead of FOMC minutes, with Powell’s Jackson Hole speech eyed. WTI dips toward $62.00 on Ukraine peace hopes, keeping geopolitics and central banks in sharp focus.

Moneta Markets | 1 day ago

ATFX Market Outlook 20th August 2025

The U.S. increased tariffs on 407 products, with steel and aluminium duties reaching as high as 50%. U.S. equities declined on Tuesday, with the Nasdaq and S&P 500 pushed lower by technology shares, while investors looked ahead to Fed Chair Jerome Powell’s speech later this week at the central bank’s annual symposium.

ATFX | 2 days ago

GBPUSD keeps August rally on pause

GBPUSD faces low volatility but holds above 50-day SMA. Bearish short-term structure intact; bullish bias could emerge above 1.3655.

XM Group | 2 days ago

Pound Holds Ahead of Inflation Data | 19th August 2025

Gold holds near $3,338 as traders eye Powell’s Jackson Hole remarks, while silver struggles below $38.00 amid fading safe-haven demand. GBP/USD steadies around 1.3500 ahead of UK CPI, with stronger GDP offering support. NZD/USD firms near 0.5925 as markets await the RBNZ decision, while USD/CNY stays anchored after a slightly weaker PBoC fix. Key central bank signals remain in focus.

Moneta Markets | 2 days ago

ATFX Market Outlook 19th August 2025

U.S. equities ended Monday little changed as investors struggled for direction, awaiting earnings reports from major retailers for further clues on the economic outlook, while also focusing on the upcoming Federal Reserve symposium in Jackson Hole. The Dow Jones slipped 0.08%, the S&P 500 edged down 0.03%, and the Nasdaq inched up 0.01%.

ATFX | 3 days ago

EURUSD	1.15846	GBPUSD	1.33936	AUDUSD	0.64195
USDJPY	148.737	USDCAD	1.39149	USDCHF	0.81025