Daily Global Market Update

Gold, euro, and pound struggle, with negative technical signals. Bitcoin drops sharply, indicating bearish momentum. S&P 500 edges higher ahead of tech earnings and Fed decision. Solana surges, tech sector near record highs. Economic data from Europe, UK, US, Japan, and Australia to be released today.

Moneta Markets | 396 days ago

Gold's Decline

The gold-dollar pair experienced a drop of 0.5% in the last session. The MACD indicator is giving a negative signal.

Euro/USD Pair's Minor Dip

The EUR/USD pair saw a slight dip of 0.2% in the last session. The RSI is giving a negative signal.

Pound/USD Pair's Sideways Trading

The GBP/USD pair traded sideways in the last session. The Stochastic indicator is showing a negative signal.

Bitcoin's Significant Drop

Bitcoin fell by 1.5% against the dollar in the last session. The Stochastic RSI is indicating a negative signal.

Global Financial Headlines

The S&P 500 closed barely higher after a choppy trading session, as investors awaited major technology company earnings, a Federal Reserve policy decision on interest rate cuts, and key US labour data due this week. Solana's price is set to end July with a 30% monthly return and is poised to challenge its yearly high of around $210 over the coming weeks. Despite recent pullbacks, the S&P 500 Tech sector is trading near a two-decade high reached earlier this month, with a focus on valuations of tech giants like Nvidia and Microsoft.

Upcoming Economic Highlights

Today's major economic events include:

• French Gross Domestic Product - 0530 GMT

• Eurozone Business Climate - 0900 GMT

• UK 10-Year Bond Auction - 0900 GMT

• US JOLTS Job Openings - 1400 GMT

• Japan Large Retailer Sales - 2350 GMT

• Australia Retail Sales - 1300 GMT

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

While the dollar is confused, the S&P 500 faces NVIDIA’s rebalancing threat

Expert market comment made by Chief Market Analyst Alex Kuptsikevich of the FxPro Analyst Team: While the dollar is confused, the S&P 500 faces NVIDIA’s rebalancing threat

FxPro | 1 day ago

US Dollar Surges, Global Markets Await Key Inflation Data | 29th August 2025

The US Dollar extends gains, with DXY near 98.00 ahead of key PCE data. EUR/USD drifts to 1.1650 on weak eurozone growth, while USD/JPY hovers below 147.00 after hotter Tokyo CPI. GBP/USD slips toward 1.3510 on UK fiscal concerns, and USD/CNY steadies around 7.10 as PBoC leans against yuan weakness. Traders brace for PCE to confirm—or challenge—the USD’s bullish momentum.

Moneta Markets | 1 day ago

Sterling is demonstrating stability, buoyed by shifting interest rate expectations surrounding the Bank of England (BoE)

The GBP/USD pair advanced to 1.3509 on Thursday. The primary catalyst for traders was the latest UK Producer Price Index (PPI) data.

RoboForex | 2 days ago

ATFX Market Outlook 28th August 2025

S&P 500 Index closed at a new record high on Wednesday as investors awaited the week’s most anticipated event—Nvidia’s quarterly earnings after the bell, which will test whether the rally in AI-related valuations can be sustained. The Dow rose 0.32%, the S&P 500 gained 0.24%, and the Nasdaq added 0.2%.

ATFX | 2 days ago

Why is EURUSD falling even though the Fed has softened its rhetoric?

Expert market comment made by Chief Market Analyst Alex Kuptsikevich of the FxPro Analyst Team: Why is EURUSD falling even though the Fed has softened its rhetoric?

FxPro | 3 days ago

France’s Political Turmoil and Trump’s Grip on the Fed Increase FX Volatility

Political turmoil in France and challenges to the Fed’s independence are fueling EUR/USD volatility, testing market confidence and shaping FX outlooks.

ActivTrades | 3 days ago

A Tale of Two Currencies: USD Finds Footing as EUR and AUD Face Domestic Headwinds | 27th August 2025

The US Dollar rebounds, pressuring gold below $1,950 and weighing on risk assets. AUD/USD holds near 0.6480 ahead of key CPI data, while EUR/USD slips toward 1.1630 amid French political uncertainty. USD/JPY trades above 147.50 but faces upside limits on Fed policy concerns. USD/CNY steady near 7.11 as PBOC defends yuan. Markets eye CPI and jobs data for next moves.

Moneta Markets | 3 days 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 | 4 days ago

EURUSD	1.1684	GBPUSD	1.34987	AUDUSD	0.6538
USDJPY	147.04	USDCAD	1.3741	USDCHF	0.80047