Analysis

Weekly Technical Outlook – USDJPY, NZDUSD, Oil

USDJPY flirts with August’s high after NFP boost; US CPI figures awaited; NZDUSD takes a breather after freefall; RBNZ to deliver a double rate cut; WTI oil futures back on the rise as geopolitics worsen; next resistance at 77.16

XM Group | 4時32分前

EBC Daily Snapshot Oct 7, 2024

The dollar rallied on strong US jobs data and escalating Middle East conflict, while the yen fell to its lowest level in nearly two months.

EBC Financial Group | 9時4分前

EBC Markets Briefing | Bullion remains directionless after US jobs report

Gold stayed below its September peak as US Treasury yields rose after strong jobs data, with emerging market central banks' purchases at a March low.

EBC Financial Group | 10時31分前

Dollar stands tall after robust jobs report

Strong US data dent chances of a 50bps Fed rate cut; Plethora of Fed speakers on the wires today; Dollar enjoys strong gains, stocks rally unexpectedly; Oil pushes higher as gold’s retreat continues

XM Group | 11時12分前

Bitcoin and Ethereum found buyers at key levels

Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Bitcoin and Ethereum found buyers at key levels

FxPro | 11時51分前

U.S. Jobs Report Boosts Dollar: Is a Rebound Ahead?

The Dollar Index surged to a seven-week high, driven by strong U.S. economic data, with Nonfarm Payrolls hitting 254,000 and the Unemployment Rate dropping to 4.1%. This data diminished expectations for a 50-basis-point rate cut, bolstering the dollar but weighing on gold as the stronger dollar overshadowed the metal’s safe-haven appeal.

PU Prime | 13時46分前

Daily Global Market Update

Oil prices rose slightly, while the Aussie dollar fell slightly. The Euro and Dollar traded sideways, while the Yen was overbought. China's stimulus boosted hedge fund returns, and Taiwan's Foxconn reported record revenue. US stocks are near record highs, and key economic events include UK retail sales, Japan's current account and labor earnings, US bill auctions, and Eurozone retail sales.

Moneta Markets | 14時11分前

Will the dollar or stocks smile after the non-farm payrolls print?

Spotlight falls on the key US labour market data; Non-farm payrolls to rise by 140k, but could surprise to the upside; Dollar to enjoy a strong set of data, equities prefer weaker prints; Euro suffering continues, while both gold and oil advance

XM Group | 3日前

USDCAD holds on recovery action as NFP report awaited

USDCAD returns above 20-day EMA and familiar constraining line; Technical signals cannot warrant a meaningful rally; September’s US nonfarm payrolls due at 12:30 GMT

XM Group | 3日前

EUR/USD hits three-week low amid ECB easing expectations

The EUR/USD pair has descended to 1.1027, marking its lowest point in three weeks. The drop reflects market anticipation that the European Central Bank (ECB) will continue to ease monetary policy aggressively, spurred by sluggish economic growth and inflation rates falling below the ECB’s 2% target in the Eurozone.

RoboForex | 3日前

The US Dollar A Comprehensive Analysis of Recent Trends and Future Outlook

The US dollar (USD) experienced a 1.0% decline on the DXY index in September, representing a relatively moderate drop compared to the 2.3% decrease seen in August.

ACY Securities | 3日前

Where is EURUSD Heading for the Month of October?

The euro continued its upward trend through September, bolstered by a notable improvement in financial market conditions across the region. Current market sentiment, as captured by the Overnight Index Swaps (OIS) market, now indicates a shift in expectations for the European Central Bank (ECB).

ACY Securities | 3日前

The Safe Heaven USD Amid Geopolitical Uncertainty

As we all know the FOREX market is influenced by a complex interplay of geopolitical events, economic data, and investor sentiment. I’ve done this analysis that will dive into the recent trends impacting the U.S. Dollar (USD) and the Euro (EUR), focusing on the forces shaping their movements.

ACY Securities | 3日前