Daily Global Market Update

Euro-Dollar steady, oversold; Dollar gains 0.6% vs Yen, overbought; Gold down 1%, bearish trend; Nike shares -0.2%, negative signal; US Dollar peaks, robust retail data; Global stocks fall, rate cut resistance; UK CPI at 4%, rate cut unlikely; Upcoming: Dutch, Australian unemployment, Euro account, Japan CPI, UK housing, Australian employment.

Euro-Dollar Pair's Sideways Movement

The Euro-Dollar pair exhibited a sideways trend in the last session. The CCI indicator points towards an oversold market condition.

 

 

Dollar's Gain Against the Yen

In the last session, the Dollar strengthened by 0.6% against the Yen. The CCI suggests we are currently in an overbought market.

 

 

Gold's Downward Trend

Gold saw a decline of 1% in the latest session. The Ultimate Oscillator's negative signal corroborates the downtrend observed in gold.

 

 

Nike Shares' Minor Correction

Nike shares experienced a slight downward adjustment, dropping by 0.2% in the last session. The Stochastic RSI indicates a negative signal for Nike's stock.

 

 

Global Financial Headlines

The US Dollar Index reached a new one-month high following US retail sales data, which indicated economic robustness and reduced likelihood of immediate Federal Reserve rate cuts. Meanwhile, global stocks declined as markets adjusted to central banks resisting interest rate cuts and uneven signs of China's economic recovery. The UK's annual CPI accelerated to 4% in December, suggesting a reduced likelihood of an early Bank of England rate cut.

 

Upcoming Economic Highlights

Key economic releases to look out for include:

• Dutch Unemployment Rate - 0530 GMT

• Australia's Employment Change - 0030 GMT

• Euro Zone's Current Account - 0900 GMT

• Japan's National CPI - 2330 GMT

• UK's RICS Housing Price Balance - 0001 GMT

• Australia's Unemployment Rate - 0030 GMT

Moneta Markets
Type: STP, ECN
Regulation: FCA (UK), FSA (Seychelles), FSCA (South Africa)
read more
ATFX Market Outlook 4th November 2025

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 | 3h 46min ago
ATFX Economic Calendar- 2025.11.03~2025.11.07

ATFX Economic Calendar- 2025.11.03~2025.11.07

ATFX Weekly Economic Calendar is a comprehensive resource designed to help traders and investors stay ahead of market-moving events. It outlines key economic data releases, central bank meetings, speeches, and geopolitical events for the week. This calendar provides a strategic tool for navigating global markets, offering insights into potential volatility triggers across multiple asset.
ATFX | 3h 48min ago
The dollar is regaining authority

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 | 22h 58min ago
USDPJY, AUDUSD, GBPUSD

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 | 23h 5min ago