EBC Daily Snapshot Sep 4, 2024

Safe-haven currencies surged Wednesday as Wall Street and Asian stocks fell sharply, leading to losses in commodity currencies.

EBC Financial Group
Tips: STP, ECN
Regulation: FCA (UK), ASIC (Australia), CIMA (Cayman Islands)
read more
The dollar plays on bets

The dollar plays on bets

• The US dollar is losing confidence again. • The Fed doubts that interest rates will be lowered. • The Bank of Japan intends to continue the cycle. • The yen is testing the authorities' resolve.
FxPro | 9h 20min ago
Gold Climbs to Two-Week High

Gold Climbs to Two-Week High

On Monday, gold advanced by more than 1% to 4,050 USD per ounce, reaching a fresh two-week high. The rally was fuelled by mounting concerns over the health of the US economy.
RoboForex | 10h 23min ago