EBC Daily Snapshot Jun 24, 2024
The dollar was steady on Monday. Markets see a 58% chance of a September rate cut and expect two cuts this year, per LSEG's FedWatch data.
EBC Financial Group
|
497 days ago
EBC Financial Group
4.8
14 reviews
Type: STP, ECN
Regulation: FCA (UK), ASIC (Australia), CIMA (Cayman Islands)
read more
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
|
5h 51min ago
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
|
5h 58min ago
Dollar traders lock gaze on private data
Dollar extends gains following hawkish Fed decision - Amid ongoing US shutdown, ADP and ISM reports enter the spotlight - Yen and pound stay wounded due to dovish BoJ and BoE bets - Stocks gain, gold rebounds, oil opens with positive gap on OPEC decision
XM Group
|
6h 15min ago
The crypto market is attempting to break through its local bottom
Crypto market down 7.7% to $3.6T; Bitcoin tests 200-day MA, risks deeper fall if stocks drop and dollar strengthens.
FxPro
|
6h 56min ago
Technical Analysis – Are gold bulls completely down?
Gold shifts to consolidation phase near two-week low
Short-term technical signals keep favoring the bulls
Traders need a close above 4,132
XM Group
|
7h 16min ago
EUR/USD Under Sustained Pressure as Markets Await Key Data
The EUR/USD pair is declining for a fourth consecutive session, edging closer to the 1.1532 level. Investor sentiment remains cautious as markets digest recent trade developments and await a slew of high-impact economic data.
RoboForex
|
7h 40min ago
ATFX Market Outlook 3rd November 2025
U.S. equities ended higher on Friday, led by Amazon’s upbeat earnings forecast, though investor optimism was tempered by renewed caution from several Federal Reserve officials. For the week, the S&P 500 rose 0.7%, the Nasdaq gained 2.24%, and the Dow added 0.75%. Several Fed hawks voiced opposition to further rate cuts, citing persistent inflation risks, which boosted the U.S. Dollar Index
ATFX
|
7h 48min ago
Gold: correction is not over yet
Stronger dollar and yields push gold below $4,000 as Fed eases, geopolitics calm, and central bank demand wanes.
FxPro
|
8h 16min ago
