EBC Daily Snapshot Oct 9, 2024

The dollar moved sideways Wednesday, easing pressure on other currencies after last week's rally, while the loonie lingered near a seven-week low.

Regulation: FCA (UK), ASIC (Australia), CIMA (Cayman Islands)
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Dollar benefits amidst a muted risk-on reaction

Dollar benefits amidst a muted risk-on reaction

Dollar and stocks gain as risk-on sentiment takes hold; Trade deals in focus; a US-India deal is apparently ready; Treasury yields ease, but central banks face tighter financial conditions; Gold eases despite another failed attempt for a Gaza ceasefire;
XM Group | 12h 35min ago
Currencies Dance, Markets Move: May 27, 2025

Currencies Dance, Markets Move: May 27, 2025

Global financial markets on May 27, 2025, are navigating a complex landscape of US fiscal concerns, central bank policy divergence, and geopolitical tensions. The US Dollar (DXY at 98.80) remains under pressure near a one-month low due to fears surrounding Trump’s $3.8T tax bill and a Moody’s credit downgrade, lifting AUD/USD to 0.6490 and GBP/USD to a 39-month high near 1.3570.
Moneta Markets | 16h 54min ago