EBC Daily Snapshot May 31, 2024
The dollar steadied Friday after a Q1 US GDP revision hinted at Fed rate cuts. The yen stayed above its four-week low on stable price growth.
EBC Financial Group
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518 days ago
EBC Financial Group
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Type: STP, ECN
Regulation: FCA (UK), ASIC (Australia), CIMA (Cayman Islands)
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Verbal interventions do not help yen
Verbal interventions do not help yen. The Bank of Japan's passivity and the ECB's reluctance to spring surprises weakened the yen and the euro, adding fuel to the USD index rally.
FxPro
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3h 55min ago
Uptober did not live up to its reputation
Uptober did not live up to its reputation. The crypto market cap continues to fall, dropping to $3.58 at the end of the day on Thursday, but stabilising near $3.7 trillion at the beginning of the day on Friday.
FxPro
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3h 59min ago
Dollar at 3-month high, mixed earnings cap Wall Street gains
Dollar to end week on strong footing after Fed’s hawkish cut. Pound and yen lead the declines, euro steadies after ECB. Wall Street slips on mixed earnings but likely to rebound.
XM Group
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6h 46min ago
ATFX Market Outlook 31st October 2025
U.S. equities fell on Thursday, with the three major indexes closing lower as Meta and Microsoft shares plunged amid market concerns over their substantial expenditures on artificial intelligence. The Nasdaq and S&P 500 led the decline, while the Dow Jones Industrial Average dropped 0.23%, the S&P 500 slid 0.99%, and the Nasdaq Composite tumbled 1.57%.
ATFX
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8h 41min ago
Hawkish Fed Tone Keeps Dollar Firm, Metals Mixed | 31st October 2025
Markets steadied as the US Dollar stayed firm after hawkish Fed remarks dampened hopes for near-term rate cuts. Gold hovered below $4,050 and silver near $49.00 amid cautious sentiment. The Aussie weakened on soft China data, while USD/JPY slipped as sticky Tokyo inflation revived BoJ shift bets. Traders await key US inflation and jobs data.
Moneta Markets
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9h 21min ago
EBC Markets Briefing | Crude prices struggle; Meta droops on "splurge"
Oil prices fell Friday, set for a third monthly drop, as rising output from major producers offset tougher sanctions on Russian exports.
EBC Financial Group
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9h 33min ago
USD/JPY Hits Nine-Month High as Yen Endures Tough October
The USD/JPY pair climbed to a nine-month high on Friday, approaching the key 154.00 level. The yen concluded October with losses of approximately 4%, marking a highly unsuccessful month.
RoboForex
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9h 41min ago
The dollar got a second boost from the Fed
The dollar got a second boost from the Fed: The second consecutive cut in the federal funds rate in 2025 has once again strengthened the US dollar.
FxPro
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1 day ago
