EBC Daily Snapshot May 28, 2024
Tuesday saw the dollar weaken slightly amid a rising risk appetite, holding steady in Asia with minimal currency movement.
EBC Financial Group
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572 days ago
EBC Financial Group
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EBC Markets Briefing | Pound strengths; bullion price unstoppable
The pound rose Monday, extending last week's gains after the BOE's expected rate cut, while officials signaled the bar for further rate reductions remains high.
EBC Financial Group
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58 minutes ago
Why December Markets Aren’t Quiet: Liquidity Shifts, Volatility, and Year-End Trading Dynamics
December markets often appear calm, but reduced liquidity and holiday participation can amplify volatility. This analysis explores how year-end market dynamics affect price behavior, execution risks, and trading conditions during the final weeks of the year.
Rock-West
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19h 21min ago
Yen slide sparks intervention warning, gold breaks above $4,400
Japanese officials issue intervention warning as yen stays under pressure. Gold hits new record, oil surges too as geopolitical tensions escalate. Stocks attempt a Santa rally but bullish momentum is questionable.
XM Group
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21h 18min ago
The crypto market rebound is far from recovery
Bitcoin is trading at $89K, once again at the upper limit of the range that has been in effect since the beginning of last week. Positive dynamics prevail on Monday, but this is mainly due to the low base effect.
FxPro
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21h 53min ago
The crypto market rebound is far from recovery
Bitcoin is trading at $89K, once again at the upper limit of the range that has been in effect since the beginning of last week. Positive dynamics prevail on Monday, but this is mainly due to the low base effect.
FxPro
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21h 54min ago
Gold pushes into fresh record highs
Gold surges to fresh all-time high as geopolitical risks intensify. Bulls remain in control but a close above 4,380 is key.
XM Group
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22h 51min ago
EUR/USD: ECB Policy Stance Fails to Surprise Markets
At its meeting on 18 December, the European Central Bank (ECB) left all key interest rates unchanged, maintaining the deposit facility rate at 2.0%. The decision was widely anticipated, offering no fresh catalyst for meaningful euro movement.
RoboForex
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23h 3min ago
Gold sets a record
The US dollar may strengthen against major global currencies. Debasement trading and geopolitics are helping gold.
FxPro
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23h 34min ago
