EBC Daily Snapshot May 29, 2024
Wednesday saw the dollar rise as the Fed might delay rate cuts. The Aussie dollar stayed flat after strong inflation data.
EBC Financial Group
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516 days ago
EBC Financial Group
4.8
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Tips: STP, ECN
Regulation: FCA (UK), ASIC (Australia), CIMA (Cayman Islands)
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The euro's second chance
• Trade war de-escalation.
• The Fed will continue to cut rates.
• Politics is holding back the euro.
• Verbal interventions are helping the yen.
FxPro
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18h 35min ago
Markets on edge ahead of pivotal events
US equities in good mood ahead of Fed, earnings and Trump-Xi summit; Gold rout persists as bulls struggle to regain market control; Oil drops as OPEC+ aims for new production increases; Dollar under pressure; Trump-Takaichi meeting boosts yen
XM Group
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18h 37min ago
Gold Rebounds to 4,000 USD Mark
Gold prices returned to the 4,000 USD per troy ounce mark on Tuesday, partially recovering from the previous day's 3.2% decline. The initial sell-off was triggered by encouraging developments in US-China trade negotiations.
RoboForex
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18h 56min ago
ATFX Market Outlook 28th October 2025
U.S. equities extended gains on Monday, with all three major indexes closing at record highs for the second straight session. Optimism over a potential U.S.–China trade deal, combined with anticipation for this week’s Big Tech earnings and the Federal Reserve’s policy decision, fueled the rally.
ATFX
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19h 5min ago
The crypto market is confused about who to follow
Bitcoin slips to $114K, struggling at the 50-day average; Ethereum stays near $4.1K, unable to break $4.2K resistance.
FxPro
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19h 51min ago
The crypto market is confused about who to follow
Bitcoin slips to $114K, struggling at the 50-day average; Ethereum stays near $4.1K, unable to break $4.2K resistance.
FxPro
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19h 52min ago
EBC Markets Briefing | Swiss franc up ahead of Fed meeting; gold loses its shine
The Swiss franc rose Tuesday ahead of key central bank meetings likely bringing a Fed rate cut, as markets watch Trump's Asia trip for a China trade deal.
EBC Financial Group
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20h 16min ago
Trade Optimism, Supply Deals, and Rate Cut Bets Drive Global Market Swings | 28th October 2025
Global markets are moving on trade optimism and fresh rate-cut hopes. Gold rebounded but stayed capped below highs, while silver eased under $47. Oil fell near $61.00 on OPEC+ supply hints, and NZD/USD rallied toward 0.5800 on risk-on flows. EUR/JPY slipped to 177.50 as yen strength followed a new US–Japan supply deal.
Moneta Markets
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21h 21min ago
