Forex Market Report - 14th June 2024
Our forex market report offers an overview of critical economic and financial events that impact the global forex markets. Traders should closely monitor developments to fine-tune their trading strategies accordingly.
DNA Markets
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515 days ago
1. US Federal Reserve Policy Meeting
- The Federal Reserve is expected to announce its decision on interest rates today.
- Speculation surrounds a potential pause in rate hikes due to mixed economic signals.
- Traders should monitor the Fed's forward guidance for clues on future monetary policy.
2. ECB President Speech
- European Central Bank President Christine Lagarde is scheduled to speak later today.
- Markets are keenly watching for comments on inflation and economic outlook.
- Any hints towards tightening or easing monetary policy could impact the Euro.
3. UK Inflation Data Release
- The UK will release its latest inflation figures, which are expected to show a slight decrease.
- Persistent inflation could influence the Bank of England's future rate decisions.
- Traders should be prepared for volatility in the GBP/USD pair following the announcement.
4. China Retail Sales and Industrial Production Data
- China's retail sales and industrial production figures for May will be released.
- Strong data could boost market sentiment and the Chinese Yuan.
- Weak results may heighten concerns about the pace of China's economic recovery.
5. OPEC Monthly Oil Market Report
- The Organization of the Petroleum Exporting Countries (OPEC) will release its monthly report today.
- The report is expected to provide insights into global oil demand and supply dynamics.
- Oil prices and commodity-linked currencies may experience significant movement based on the findings.
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ATFX Market Outlook 11th November 2025
The U.S. Senate’s compromise bill has cleared an initial hurdle, raising hopes that the most extended government shutdown in U.S. history could end this week. U.S. stocks surged on Monday, led by strong gains in heavyweight AI-related companies, including Nvidia and Palantir.
ATFX
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6h 44min ago
The pound fears the Bank of England
• The dollar risks weakening due to the stock market.
• The Supreme Court calls tariffs taxes.
• The pound fears a reduction in the repo rate.
• Wage data does not help the yen.
FxPro
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5 days ago
GBP/USD Hovers Near Lows as Bank of England Decision Looms
The GBP/USD pair is attempting to find support around 1.3062 on Thursday, with investors cautiously positioning themselves ahead of today's pivotal Bank of England (BoE) monetary policy meeting.
RoboForex
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5 days ago
GBP/USD takes a hit on UK budget jitters
GBP/USD slides to 1.3000 on tax-hike fears. Bears break 2025 uptrend as technical signals point to oversold conditions.
XM Group
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6 days ago
ATFX Market Outlook 5th November 2025
U.S. Senate failed to pass a temporary funding bill once again on Tuesday, setting the stage for a government shutdown that will soon surpass the 35-day record from late 2018 to early 2019. Wall Street closed sharply lower as major banks warned of potential corrections, reflecting growing concerns over stretched valuations.
ATFX
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6 days ago
Shutdown Risks, Tariff Relief Shape FX Moves | 5th November 2025
Markets traded mixed as a possible U.S. government shutdown and easing U.S.-China tensions shaped sentiment. Gold climbed above $4,000 on safe-haven demand, WTI oil slipped near $60 on rising inventories, and GBP/USD fell to 1.3040 amid BoE caution. China’s tariff cuts boosted optimism, but traders remain wary ahead of key U.S. data.
Moneta Markets
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6 days ago
Central Banks Drive FX Moves: RBA Holds, BoJ Hints at Hikes | 4th November 2025
Global FX markets opened cautiously as central banks set the tone. The Aussie briefly firmed after the RBA held rates at 3.6%, while the Yen strengthened on rising BoJ hike bets. GBP/USD steadied near 1.3150, EUR/JPY slipped to 177.00, USD/CAD stayed above 1.4050, and AUD/NZD hit a two-year high. Traders await U.S. jobs data for Fed clues.
Moneta Markets
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7 days ago
ATFX Market Outlook 4th November 2025
Gold prices steadied, hovering around the key $ 4,000-per-ounce mark amid a lack of clear direction. Traders are awaiting U.S. private-sector employment data later this week for further cues. Oil prices steadied as markets balanced OPEC+’s latest production increases against reports that the group may pause additional output hikes in the first quarter of 2026.
ATFX
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7 days ago
