Analysis

Dollar seeks direction amidst tepid market conditions

Fed speakers and minutes in the spotlight today; Dollar’s rally pauses, but oil and gold suffer losses; RBNZ cuts rates by 50bps, kiwi weakens; China schedules another press conference as local stocks plunge

XM Group | 216 days ago

The Crypto Maintains Its Equilibrium

Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: The Crypto Maintains Its Equilibrium

FxPro | 216 days ago

EBC Markets Briefing | US stocks gain amid Wall St bullish views

US stocks rallied on Friday as investor confidence in a soft landing grew. The escalating Middle East conflict may shift funds from Europe to the US.

EBC Financial Group | 216 days ago

NZD/USD Hits Seven-Week Low Amid Ongoing Sell-off and RBNZ Rate Cuts

The NZD/USD pair has dropped to a seven-week low, touching 0.6091, as the sell-off that started on 1 October continues to intensify. The New Zealand dollar's weakness is largely attributed to the Reserve Bank of New Zealand's (RBNZ) recent decisions to lower interest rates in response to decreasing inflation pressures.

RoboForex | 216 days ago

Gold Prices Plunge on Fed’s Hawkish Prospect

In commodities, gold faced heavy selling pressure, dropping to a two-week low. The prospect of a more hawkish Fed, which favours a stronger dollar, is weighing on gold prices. Oil prices also took a hit, driven by an unexpected 10.9 million-barrel build in U.S. crude inventories. Additionally, soft holiday data from China added to the negative sentiment surrounding oil prices.

PU Prime | 216 days ago

Daily Global Market Update

Mixed market signals: Bitcoin up slightly, Meta up, AUD & Gold down. Gold prices tumble on rate cut worries. Crypto.com sues SEC. Watch UK bond auction, German exports, and US oil data.

Moneta Markets | 216 days ago

EBC Daily Snapshot Oct 8, 2024

The dollar held seven-week highs on Tuesday as investors cut rate-cut bets after a strong jobs report, while Middle East tensions weighed on it.

EBC Financial Group | 216 days ago

Germany's manufacturing rebound doesn't change the gloomy picture

Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Germany's manufacturing rebound doesn't change the gloomy picture

FxPro | 216 days ago

Risk appetite ebbs as markets fret over China stimulus, Fed rate cuts

Risk sentiment dented as China refrains from fresh stimulus measures; Fed officials give cautious green light to more rate cuts; Dollar and equities turn lower after recent gains as US CPI awaited

XM Group | 216 days ago

EBC Markets Briefing | China stock indices diverge after reopening

China's A50 lost momentum after the National Day holiday, and the Hang Seng index fell over 10%, signaling trouble for FOMO buyers.

EBC Financial Group | 217 days ago

Equity Weakness Dampens Crypto Investment Appetite

Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Equity Weakness Dampens Crypto Investment Appetite

FxPro | 217 days ago

EUR/USD Hovers at Seven-Week Low Amid Adjusted Fed Rate Expectations

As of Tuesday, EUR/USD remains near a seven-week low, with the pair currently hovering around the 1.0984 mark as it attempts to stabilise. Market focus is intensely on the Federal Reserve's interest rate trajectory following last week's robust employment report, which prompted investors to recalibrate their expectations for future rate cuts.

RoboForex | 217 days ago

Oil on the Rise: growth drivers and risks

Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Oil on the Rise: growth drivers and risks

FxPro | 217 days ago

Oil Prices Bolster by Heighten Geopolitical Tension

Oil prices surged by nearly 4% in the last session, reaching a near two-month high as the confrontation between Israel and Iran-backed militaries escalated.

PU Prime | 217 days ago

Daily Global Market Update

Gold, euro, and pound experienced downward movements. Bitcoin rose. US stocks fell due to rising Treasury yields. Global cryptocurrency adoption is increasing. Super Micro Computer announced increased graphics processor shipments and new liquid cooling products.

Moneta Markets | 217 days ago