EBC Daily Snapshot Jul 9, 2024

Dollar Slips, Gold Softens as Shutdown Drags On | 6th November 2025

Markets traded cautiously as the U.S. shutdown hit record length, pressuring the Dollar near 100.00. Gold eased below $4,000 and silver held near $49 amid profit-taking. The Yen gained slightly on BoJ speculation, while the yuan steadied after a firmer PBoC fix. Traders await U.S. inflation data and Fed speeches for next policy cues.

Moneta Markets | 7h 23min ago

Markets buoyed by US data; equities rebound, dollar slips

US jobs and PMI data ease growth concerns, boosting sentiment. Wall Street indices close higher but stay cautious. Yields jump as Fed rate cut bets pared back, yet dollar retreats. Pound extends recovery ahead of BoE decision.

XM Group | 9h 39min ago

EBC Markets Briefing | Euro rebounds; clean energy has shined in 2025

The dollar stayed below multi-month highs on Thursday, with riskier assets recovering, while the euro ended its consecutive declines.

EBC Financial Group | 10h 31min 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 | 10h 49min ago

Gold (XAUUSD) Analysis: Is a Price Squeeze Signaling Volatility Ahead?

Gold (XAUUSD) is consolidating within a tight range as technical indicators point to potential volatility ahead. The daily chart suggests oversold conditions with possible short-term recovery, while resistance near 4015.00 and support at 3950.00 remain key pivot zones likely to define the next directional move.

Ultima Markets | 10h 56min ago

EURUSD	1.15444	GBPUSD	1.31351	AUDUSD	0.64804
USDJPY	153.144	USDCAD	1.41158	USDCHF	0.80645