Daily Global Market Update

EUR/USD is trending positive, gold price surges against USD, and Alibaba stock rises. Yen falls to a 38-year low, while US stock markets hit record highs. Watch out for upcoming economic releases from Japan, Australia, and Germany.

Moneta Markets | 310 days ago

EUR/USD's Positive Trend

The Euro gained 0.3% against the dollar in the last session. The RSI is giving a positive signal.

USD/JPY's Market Indecision

The Dollar-Yen pair traded sideways in the last session. The ROC is giving a negative signal.

Gold's Strong Uptrend Against USD

The gold-dollar pair exploded 1.1% in the last session. According to the CCI, we are in an overbought market.

Alibaba's Stock Rise

Alibaba stock gained 1.8% in the last session. The CCI is giving a positive signal.

Global Financial Headlines

Yen hits a 38-year low against the US dollar; S&P 500 and NASDAQ reach record highs, fueled by data suggesting a potential slowdown in the economy, bolstering hopes for an upcoming Fed rate cut.

Upcoming Economic Highlights

Here's a brief rundown of today's anticipated economic releases:

• Japan's Monetary Base - 2350 GMT

• Japan's JP Foreign Reserves - 2350 GMT

• Australia's Trade Balance - 0130 GMT

• Germany's Factory Orders - 0600 GMT

• Japan's Overall Household Spending - 2330 GMT

• Australia's Imports - 0130 GMT

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

USDJPY remains exposed to bearish trend

USDJPY erases gains, shifts spotlight to bearish trajectory. Resistance at 144.23, support at 141.60.

XM Group | 3 days ago

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 | 4 days ago

Japanese yen halts gains as US trade negotiations return to the spotlight

USD/JPY had an opportunity to correct after two consecutive days of decline, with Tuesday’s trading centred around 143.78.

RoboForex | 4 days ago

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 | 4 days ago

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 | 5 days ago

EUR/USD tests key support in bid for upside

EUR/USD meets familiar support and returns above 1.1300. Technical Signals don’t yet confirm a meaningful rally. Sellers may stay on the sidelines until price falls below 1.1200.

XM Group | 5 days ago

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 | 5 days ago

ATFX Market Outlook 2nd May 2025

Markets rallied overnight on upbeat sentiment. The U.S. Dollar Index extended gains for a third session, reclaiming the 100 mark to close at 100.18, supported by optimism over trade talks and stronger-than-expected ISM manufacturing data. U.S. Treasury yields climbed across the curve, with the 10-year yield at 4.221% and the 2-year at 3.709%.

ATFX | 8 days ago

EURUSD	1.12578	GBPUSD	1.33126	AUDUSD	0.64134
USDJPY	145.282	USDCAD	1.39279	USDCHF	0.83115