EBC Daily Snapshot May 30, 2024
On Thursday, the dollar surged to a two-week high due to strong economic data and weak Treasury auctions, signaling market ripples.
EBC Financial Group
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451 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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4j 51min 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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7j 28min 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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8j 7min 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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9j 13min 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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9j 13min 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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9j 22min 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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10j 33min 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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12j 55min yang lalu
