EBC Daily Snapshot Jun 27, 2024

The dollar trimmed gains from the previous session as Treasury yields slightly eased. US new home sales fell last month due to high mortgage rates.

Regulation: FCA (UK), ASIC (Australia), CIMA (Cayman Islands)
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ATFX Market Outlook 30th May 2025

ATFX Market Outlook 30th May 2025

Initial jobless claims in the U.S. rose to 240,000 last week, indicating an increase in layoffs amid rising tariffs. The unemployment rate in May is also trending upwards. A U.S. appeals court temporarily reinstated President Trump’s “Liberation Day” tariffs after a previous ruling deemed them an overreach.
ATFX | 2h 59min ago
EUR/USD Extends Losses for Third Consecutive Day

EUR/USD Extends Losses for Third Consecutive Day

The euro/dollar pair continues to decline on Thursday, edging closer to 1.1256 as the US dollar strengthens for a third straight session. This development follows a US federal court ruling that former President Donald Trump overstepped his authority by imposing retaliatory tariffs.
RoboForex | 21h 14min ago
ATFX Market Outlook 29th May 2025

ATFX Market Outlook 29th May 2025

The Federal Reserve’s meeting minutes highlighted concerns over persistent inflation and slowing job growth, reinforcing its cautious stance on interest rates. U.S. equity indices closed lower on Wednesday as investors digested the Fed’s minutes, and semiconductor stocks slumped late in the session. The Dow Jones fell 0.58%, the S&P 500 lost 0.56%, and the Nasdaq dropped 0.51%.
ATFX | 1 day ago