Daily Global Market Update

Gold, Euro, and Pound declined against the dollar, with negative technical signals. Bitcoin experienced mixed signals, with a slight drop despite an initial gain. US stocks rose on holiday-thin trading, buoyed by the funding bill and tech gains, particularly Apple. MicroStrategy continued its Bitcoin buying spree.

Moneta Markets | 147 days ago

Gold's Decline Continues

Gold fell by 0.4% against the dollar in the last trading session. The Ultimate Oscillator indicates a negative signal.

Euro's Persistent Weakness

The EUR/USD pair dropped by 0.3% against the dollar in the last trading session. The MACD is giving a negative signal.

Pound Declines Amid Negative Sentiment

The GBP/USD pair fell by 0.3% in the last trading session. The Stochastic RSI indicates a negative signal.

Bitcoin's Mixed Signals

The Bitcoin/USD pair dropped by 1.6% after gaining as much as 1.3% during the last session. The Rate of Change (ROC) indicator signals a potential positive trend.

Global Financial Headlines

The S&P 500 and NASDAQ Composite rose in holiday-thin trading, supported by a stop-gap funding bill that averted a US Government shutdown. Gains were led by the 'Magnificent 7' tech stocks. MicroStrategy continues aggressive Bitcoin acquisition, purchasing 5,262 BTC for $561 million. Apple nears a $4 trillion valuation as AI-enhanced developments rejuvenate iPhone sales, surpassing Nvidia and Microsoft in valuation gains.

Upcoming Economic Highlights

Key events to monitor in the coming days include:

• US Redbook Index - 1355 GMT

• UK BRC Retail Sales - 0001 GMT

• Japan Overall Household Spending - 2330 GMT

• Eurozone Unemployment Rate - 1000 GMT

• Germany Industrial Production - 0700 GMT

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

Dollar Falls, Pound Gains: May 15, 2025

Global financial markets on May 20, 2025, are driven by central bank actions and geopolitical developments, with focus on the RBA’s press conference post-rate cut, PBoC’s LPR reduction, and potential Russia-Ukraine ceasefire talks.

Moneta Markets | 7h 31min ago

Euro Rises as US Dollar Comes Under Pressure Amid Budget Deficit Concerns

The EUR/USD pair climbed to 1.1243 on Tuesday, marking another attempt to break free from the narrow trading range it has occupied for over a week. This latest upward movement could prove more decisive than previous efforts.

RoboForex | 10h 30min ago

GBPUSD exits bearish channel

GBPUSD increases odds of bullish continuation . A break above 1.3440 could hand over control to the bulls.

XM Group | 11h 6min ago

ATFX Market Outlook 20th May 2025

Different Federal Reserve officials made speeches, issuing warnings on the impact of the U.S. sovereign credit rating downgrade as well as market volatility, as they continue to work in a very uncertain economic environment. Stocks in the U.S. closed nearly even on Monday, with the market mood dampened following the comments on the U.S. credit rating downgrade.

ATFX | 16h 15min ago

Weekly Technical Outlook – AUDUSD, GBPUSD, US 500 index

AUDUSD dips below 200-SMA, awaits RBA policy announcement. GBPUSD strengthens as Britain secures trade deals, UK CPI and flash PMI on the agenda. US 100 index comes under pressure following Moody’s US downgrade.

XM Group | 1 day ago

ATFX Market Outlook 19th May 2025

Despite a sharp decline in consumer sentiment, U.S. stocks extended gains on Friday, supported by optimism over the recent U.S.-China tariff truce. The University of Michigan survey showed May confidence fell to a three-year low, while 12-month inflation expectations surged to their highest since 1981.

ATFX | 1 day ago

EUR/USD Unchanged Amid Mixed News and Lingering Risks

The EUR/USD pair remained steady near 1.1196 on Friday, closing the week with little movement.

RoboForex | 4 days ago

ATFX Market Outlook 16th May 2025

U.S. retail sales increased at a much weaker rate in April as the pre-tariff scramble to purchase automobiles exhausted itself and shoppers trimmed other spending in the face of growing economic uncertainty. In addition, Federal Reserve Chairman Jerome Powell stated the Fed needs to reconsider its existing employment and inflation paradigm within monetary policy.

ATFX | 4 days ago

EURUSD	1.12744	GBPUSD	1.338	AUDUSD	0.64139
USDJPY	144.517	USDCAD	1.39306	USDCHF	0.82973