EBC Daily Snapshot Jul 10, 2024

The dollar rose Wednesday after Fed Chair Powell said a rate cut won't happen until the Fed is confident inflation is heading to the 2% target.
EBC Financial Group | 512 hari yang lalu

EBC Financial Group
Jenis: STP, ECN
Peraturan: FCA (UK), ASIC (Australia), CIMA (Cayman Islands)
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The euro is gaining momentum

The euro is gaining momentum

Inflation and the US labour market are slowing down, while the chances of a rate cut are increasing.The US dollar is vulnerable, while the euro is being helped by business activity.
FxPro | 12j 0min yang lalu
Dollar falls as US data corroborates dovish Fed outlook

Dollar falls as US data corroborates dovish Fed outlook

ADP reveals that US private sector lost 32k jobs in November - Dollar slides as December Fed cut chance remains elevated - Pound rallies on upwardly revised S&P Global Composite PMI - Stocks rise on Fed cut bets, gold remains in corrective mode
XM Group | 12j 12min yang lalu
GBP/USD Extends Gains as Interest Rate Divergence Captures Focus

GBP/USD Extends Gains as Interest Rate Divergence Captures Focus

The GBP/USD pair advanced decisively to 1.3338, marking its highest level since late October. Sterling found support from an upward revision of the UK's November Services PMI, while the US dollar remained under broad pressure ahead of an anticipated Federal Reserve rate cut next week.
RoboForex | 13j 31min yang lalu