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
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364 days ago
EBC Financial Group
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Tips: STP, ECN
Regulation: FCA (UK), ASIC (Australia), CIMA (Cayman Islands)
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GBP/USD Tumbles: Investors Lose Confidence in UK Fiscal Sustainability
The GBP/USD pair declined to 1.3366 on Wednesday, reflecting intensified selling pressure on the pound. Sterling’s weakness stems from a sharp rise in UK government bond yields and broader global concerns regarding fiscal stability.
RoboForex
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12h 23min ago
Gold touches new record, dollar holds firm, pound’s losses deepen
Gold and US dollar remain in demand amid bond market selloff; Pound slips again as UK yields continue to surge; But Wall Street given a lifeline following Google’s legal win; ISM manufacturing PMI spurs yo-yo price action, JOLTS awaited next
XM Group
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12h 49min ago
Bitcoin tries to bounce back up
Expert market comment made by Chief Market Analyst Alex Kuptsikevich of the FxPro Analyst Team: Bitcoin tries to bounce back up
FxPro
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14h 13min ago
Silver Pulls Back After 14-Year Highs as Dollar Strengthens | 3rd September 2025
Silver eased from 14-year highs near $41 as profit-taking emerged, while the US Dollar Index rose toward 98.50 on safe-haven demand. EUR/USD slipped toward 1.1600, USD/JPY held above 147.00, and USD/CNY traded near 7.11 amid cautious PBoC guidance. Markets await US jobs, PMI, and Fed signals for FX and commodity direction.
Moneta Markets
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17h 21min ago
ATFX Market Outlook 3rd September 2025
U.S. stocks closed lower on Tuesday, with the U.S. manufacturing sector contracting for the sixth consecutive month in August, as investors assessed the outlook for President Trump's tariff policy after a federal appeals court ruled that most of his broadly imposed tariffs were illegal. Investors also awaited Friday's monthly U.S. jobs report.
ATFX
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17h 50min ago
Debt market drives currencies again: sterling is the victim of the day
Expert market comment made by Chief Market Analyst Alex Kuptsikevich of the FxPro Analyst Team: Debt market drives currencies again: sterling is the victim of the day
FxPro
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1 day ago
Gold hits new record on Fed bets, tariff uncertainty, but dollar rebounds
Gold surpasses $3,500 to new all-time high before pulling back. Mounting uncertainties and Fed rate cut hopes drive gold’s latest rally. But equities subdued as US jobs data awaited. Dollar climbs as pound tumbles after UK yields spike higher.
XM Group
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1 day ago
Gold Near Record Highs Poised for a New Peak
Gold prices extended their rally on Tuesday, reaching 3,490 USD per troy ounce, approaching an all-time high. The metal found support in growing expectations of a Federal Reserve rate cut as soon as September, along with a concurrent weakening of the US dollar.
RoboForex
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1 day ago
