Forex Market Report - 14th June 2024
Our forex market report offers an overview of critical economic and financial events that impact the global forex markets. Traders should closely monitor developments to fine-tune their trading strategies accordingly.
DNA Markets
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440 hari yang lalu
1. US Federal Reserve Policy Meeting
- The Federal Reserve is expected to announce its decision on interest rates today.
- Speculation surrounds a potential pause in rate hikes due to mixed economic signals.
- Traders should monitor the Fed's forward guidance for clues on future monetary policy.
2. ECB President Speech
- European Central Bank President Christine Lagarde is scheduled to speak later today.
- Markets are keenly watching for comments on inflation and economic outlook.
- Any hints towards tightening or easing monetary policy could impact the Euro.
3. UK Inflation Data Release
- The UK will release its latest inflation figures, which are expected to show a slight decrease.
- Persistent inflation could influence the Bank of England's future rate decisions.
- Traders should be prepared for volatility in the GBP/USD pair following the announcement.
4. China Retail Sales and Industrial Production Data
- China's retail sales and industrial production figures for May will be released.
- Strong data could boost market sentiment and the Chinese Yuan.
- Weak results may heighten concerns about the pace of China's economic recovery.
5. OPEC Monthly Oil Market Report
- The Organization of the Petroleum Exporting Countries (OPEC) will release its monthly report today.
- The report is expected to provide insights into global oil demand and supply dynamics.
- Oil prices and commodity-linked currencies may experience significant movement based on the findings.
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Sterling is demonstrating stability, buoyed by shifting interest rate expectations surrounding the Bank of England (BoE)
The GBP/USD pair advanced to 1.3509 on Thursday. The primary catalyst for traders was the latest UK Producer Price Index (PPI) data.
RoboForex
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11j 56min yang lalu
ATFX Market Outlook 28th August 2025
S&P 500 Index closed at a new record high on Wednesday as investors awaited the week’s most anticipated event—Nvidia’s quarterly earnings after the bell, which will test whether the rally in AI-related valuations can be sustained. The Dow rose 0.32%, the S&P 500 gained 0.24%, and the Nasdaq added 0.2%.
ATFX
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12j 11min yang lalu
ATFX Market Outlook 26th August 2025
U.S. new home sales in July declined as persistently high mortgage rates continued to dampen housing demand. U.S. equities closed lower on Monday, with investors weighing the interest rate outlook while focusing on NVIDIA’s upcoming quarterly earnings, all while digesting last Friday’s strong rebound. The Dow Jones fell 0.77%, the S&P 500 lost 0.43%, and the Nasdaq slipped 0.2%.
ATFX
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2 hari 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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3 hari yang lalu
GBP/USD: Friday correction after surge
On Friday, the GBP/USD pair declined to 1.3401 after strong gains earlier in the week. The previous rally was triggered by July business activity data, which showed the best performance in a year, mainly supported by the services sector.
RoboForex
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6 hari yang lalu
ATFX Market Outlook 22nd August 2025
Ahead of Fed Chair Jerome Powell’s speech tonight, three Fed officials poured cold water on expectations of a September rate cut. U.S. PMI data showed stronger business activity in August, but weekly jobless claims posted the most significant increase in nearly three months, highlighting continued labor market weakness.
ATFX
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6 hari yang lalu
Eurozone PMI in Focus as Dollar Holds Strong | 21st August 2025
FX markets tread cautiously ahead of Eurozone PMI and FOMC minutes. EUR/USD holds near 1.1650 under dollar pressure, while GBP/USD slips toward 1.3400 on sticky UK inflation. USD/JPY steadies in the mid-147s, EUR/JPY consolidates near 171.70, and USD/CAD hovers at 1.3880 with oil gains offering little relief. Traders eye PMI prints and Fed signals for direction.
Moneta Markets
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7 hari yang lalu
ATFX Market Outlook 21st August 2025
The FOMC minutes revealed that only two Fed policymakers supported a rate cut in September. U.S. equities fell on Wednesday, with the Nasdaq and S&P 500 pressured by a tech selloff as investors rotated into lower-valued sectors, while awaiting comments from Fed officials at the Jackson Hole symposium later this week. The Dow edged up 0.04%, the S&P 500 slipped 0.24%, and the Nasdaq lost 0.67%.
ATFX
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7 hari yang lalu
