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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452 hari yang lalu
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Market greed has shifted to smaller names
Expert market comment made by Chief Market Analyst Alex Kuptsikevich of the FxPro Analyst Team: Market greed has shifted to smaller names
FxPro
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9j 59min yang lalu
Fed Chair Powell pushes the dollar off a cliff
Powell hints at a September cut, traders sell dollars. Wall Street indices rally, Dow Jones hits fresh record high. Attention to slowly shift to PCE inflation data later this week. BoJ Gov. Ueda expresses optimism about another rate hike soon.
XM Group
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12j 36min yang lalu
Euro Rallies Against Dollar After Powell's Cautious Jackson Hole Speech
The euro strengthened against the US dollar on Friday following a speech by Federal Reserve Chair Jerome Powell at the Jackson Hole Economic Symposium, closing the week on a positive note. While Powell acknowledged the potential for an interest rate cut as soon as September, he refrained from making any explicit commitments.
RoboForex
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13j 15min yang lalu
EURUSD remains rangebound after pullback from four-week high
EURUSD resumes sideways trading near 1.700. Price action remains above SMAs. Momentum indicators confirm consolidation.
XM Group
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14j 21min yang lalu
Bitcoin drags crypto down
Expert market comment made by Chief Market Analyst Alex Kuptsikevich of the FxPro Analyst Team: Bitcoin drags crypto down
FxPro
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14j 22min yang lalu
EBC Markets Briefing | Hang Seng eyes 4-year high
The Hang Seng index surged 2% on Monday after Fed Chair Powell signalled rate cuts, with lower US borrowing costs likely benefiting global tech firms.
EBC Financial Group
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14j 30min yang lalu
Markets React to Powell’s Dovish Tone: Gold Slips, USD Mixed Across Majors | 25th August 2025
Markets react to Powell’s dovish tone as gold dips near $3,365 and NZD/USD consolidates around 0.5860 despite upbeat retail sales. EUR/USD retreats toward 1.1700, while AUD/USD slips to 0.6480 on RBA easing bets. USD/CAD holds near 1.3820 after Friday’s sharp drop. Traders now eye U.S. GDP, PCE inflation, and Canada’s GDP for the next directional cues.
Moneta Markets
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15j 41min yang lalu
ATFX Market Outlook 25th August 2025
Federal Reserve Chair Jerome Powell hinted that rate cuts may be needed but stressed caution, while unveiling a new policy framework with a flexible inflation target. U.S. equities closed higher on Friday, with the Dow Jones Industrial Average reaching a record closing high. Investors poured into risk assets, driving the Dow up 1.89%, the S&P 500 up 1.52%, and the Nasdaq Composite up 1.88%.
ATFX
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18j 4min yang lalu
