Daily Global Market Update

GBP strengthened 0.5%, Bitcoin rose 1.1%, Oil dropped 2.5%, AUD slightly recovered 0.1%. Binance faces UK re-entry hurdles, Bank of England holds rates amid split vote. Global factors include Fed hints at rate cuts and China's property sector support. Key events: UK and Japan CFTC net positions, US earnings and payrolls, Spain's unemployment change, and Australia's Producer Price Index.

Moneta Markets | 571 days ago

Pound's Steady Climb

The GBP/USD pair witnessed a 0.5% surge against the dollar in the latest session. The CCI indicator is currently suggesting a positive outlook.

Bitcoin's Bullish Session

Bitcoin demonstrated a robust performance by gaining 1.1% against the dollar, with an intraday high of 1.5%. The MACD indicator aligns with this bullish momentum.

Oil's Downward Trend

The Oil/USD pair plunged 2.5% in the recent session, with the RSI indicating a bearish signal.

AUD's Slight Recovery

The AUD/USD pair made a minor upward correction, appreciating by 0.1%. The CCI indicates that we are currently in an oversold market.

Global Financial Headlines

Binance faces hurdles as it seeks re-entry into the UK market amidst regulatory challenges. Meanwhile, the Bank of England's interest rate decision came as anticipated, following a three-way split in voting. Globally, oil prices received a nudge from the Federal Reserve's hints at rate cuts and China's new support measures for its property sector.

Today's Economic Events

A glance at today's key economic releases:

• UK's CFTC GBP NC net positions - 2030 GMT

• Japan's CFTC JPY NC net positions - 2030 GMT

• US Average Hourly Earnings - 1330 GMT

• US Non-Farm Payrolls - 1330 GMT

• Spain's Unemployment Change - 0800 GMT

• Australia's Producer Price Index - 0030 GMT

Regulation: FCA (UK), FSA (Seychelles), FSCA (South Africa)

Markets in Flux: Gold Slips on USD Demand as WTI Rallies Amid Geopolitical Concerns | 26th August 2025

WTI rallies above $63.50 as fading hopes for a Russia-Ukraine peace deal boost oil prices. Gold struggles near $3,330 despite Fed rate cut bets, while silver holds firm near $39.00. AUD/USD climbs toward 0.6550 on risk appetite and dovish Fed tone, while USD/CAD stays weak near 1.3500 as oil strength supports the loonie. Markets now eye U.S. jobs and inflation data for direction.

Moneta Markets | 6h 58min ago

ATFX Market Outlook 26th August 2025

U.S. new home sales in July declined as persistently high mortgage rates continued to dampen housing demand. U.S. equities closed lower on Monday, with investors weighing the interest rate outlook while focusing on NVIDIA’s upcoming quarterly earnings, all while digesting last Friday’s strong rebound. The Dow Jones fell 0.77%, the S&P 500 lost 0.43%, and the Nasdaq slipped 0.2%.

ATFX | 9h 16min ago

Markets React to Powell’s Dovish Tone: Gold Slips, USD Mixed Across Majors | 25th August 2025

Markets react to Powell’s dovish tone as gold dips near $3,365 and NZD/USD consolidates around 0.5860 despite upbeat retail sales. EUR/USD retreats toward 1.1700, while AUD/USD slips to 0.6480 on RBA easing bets. USD/CAD holds near 1.3820 after Friday’s sharp drop. Traders now eye U.S. GDP, PCE inflation, and Canada’s GDP for the next directional cues.

Moneta Markets | 1 day ago

ATFX Market Outlook 25th August 2025

Federal Reserve Chair Jerome Powell hinted that rate cuts may be needed but stressed caution, while unveiling a new policy framework with a flexible inflation target. U.S. equities closed higher on Friday, with the Dow Jones Industrial Average reaching a record closing high. Investors poured into risk assets, driving the Dow up 1.89%, the S&P 500 up 1.52%, and the Nasdaq Composite up 1.88%.

ATFX | 1 day ago

GBP/USD: Friday correction after surge

On Friday, the GBP/USD pair declined to 1.3401 after strong gains earlier in the week. The previous rally was triggered by July business activity data, which showed the best performance in a year, mainly supported by the services sector.

RoboForex | 4 days ago

Markets Brace for Powell’s Speech: Gold and Silver Slip, Oil Rallies, Currencies Hold Steady | 22nd August 2025

Markets hold steady ahead of Powell’s Jackson Hole speech, with gold near $3,330 and silver slipping toward $38.00 as Fed cut bets fade. WTI rallies toward $63.50 on strong U.S. demand and supply concerns. AUD/USD stays under pressure near 0.6410 on dollar strength, while USD/CNY steadies around 7.1320 after a firmer PBoC fix. Traders brace for Powell’s policy signals.

Moneta Markets | 4 days ago

ATFX Market Outlook 22nd August 2025

Ahead of Fed Chair Jerome Powell’s speech tonight, three Fed officials poured cold water on expectations of a September rate cut. U.S. PMI data showed stronger business activity in August, but weekly jobless claims posted the most significant increase in nearly three months, highlighting continued labor market weakness.

ATFX | 4 days ago

Eurozone PMI in Focus as Dollar Holds Strong | 21st August 2025

FX markets tread cautiously ahead of Eurozone PMI and FOMC minutes. EUR/USD holds near 1.1650 under dollar pressure, while GBP/USD slips toward 1.3400 on sticky UK inflation. USD/JPY steadies in the mid-147s, EUR/JPY consolidates near 171.70, and USD/CAD hovers at 1.3880 with oil gains offering little relief. Traders eye PMI prints and Fed signals for direction.

Moneta Markets | 5 days ago

EURUSD	1.16344	GBPUSD	1.34689	AUDUSD	0.64917
USDJPY	147.542	USDCAD	1.38415	USDCHF	0.80397