Forex Market Report - 27th May 2024
This daily 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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536 hari yang lalu
1. US Economic Data Releases
- Consumer Confidence Index: An increase in consumer confidence could bolster the USD, indicating stronger future spending.
- GDP Growth Rate: Revised GDP figures expected today may influence USD volatility, with upward revisions supporting the dollar.
- Durable Goods Orders: A key indicator of manufacturing health, any significant changes could impact USD and related pairs.
2. European Central Bank (ECB) Commentary
- Interest Rate Speculation: ECB officials are scheduled to speak, potentially hinting at future rate hikes or cuts.
- Economic Outlook: Insights into economic health and inflation expectations could affect EUR movements.
- Policy Adjustments: Discussions around monetary policy adjustments may influence EUR/USD and EUR/GBP pairs.
3. UK Political Developments
- Brexit Negotiations: Ongoing discussions and any breakthroughs or setbacks could significantly impact GBP.
- Economic Policy Announcements: New fiscal policies or economic measures might lead to increased GBP volatility.
- Inflation Data: Recent inflation figures will be scrutinized for implications on the Bank of England's interest rate decisions.
4. China-US Trade Relations
- Tariff Announcements: Any new developments or changes in tariffs could affect risk sentiment and impact currencies like AUD, NZD, and JPY.
- Economic Data from China: Key releases such as PMI figures will provide insights into the Chinese economy, influencing commodity currencies.
- Diplomatic Talks: Positive or negative shifts in diplomatic relations could drive market sentiment and risk-related currency pairs.
5. Crude Oil Price Movements
- OPEC+ Meeting Outcomes: Decisions on production levels could influence oil prices, impacting CAD, NOK, and RUB.
- US Inventory Data: Changes in US crude oil inventories could provide short-term volatility in oil prices and related currencies.
- Geopolitical Tensions: Escalating or easing tensions in oil-producing regions may affect supply concerns, influencing the broader market sentiment.
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China Signals Boost Risk Currencies | 14th November 2025
Asian markets improved after the PBoC delivered a firmer yuan fixing, boosting risk appetite and lifting AUD and NZD. The USD eased slightly, helping major pairs stabilize. China-driven sentiment supported regional FX, while JPY remained weak and EUR held steady, with traders awaiting upcoming US data for direction.
Moneta Markets
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3j 39min yang lalu
The dollar emerging from the data fog
•The US government shutdown is over.
•Central bank policy convergence helps EURUSD.
•Political scandal causes the pound to fall.
•Japan's currency interventions are ineffective
FxPro
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18j 51min yang lalu
The dollar emerging from the data fog
•The US government shutdown is over.
•Central bank policy convergence helps EURUSD.
•Political scandal causes the pound to fall.
•Japan's currency interventions are ineffective
FxPro
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18j 52min yang lalu
The dollar emerging from the data fog
•The US government shutdown is over.
•Central bank policy convergence helps EURUSD.
•Political scandal causes the pound to fall.
•Japan's currency interventions are ineffective
FxPro
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18j 52min yang lalu
The dollar emerging from the data fog
•The US government shutdown is over.
•Central bank policy convergence helps EURUSD.
•Political scandal causes the pound to fall.
•Japan's currency interventions are ineffective
FxPro
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18j 53min yang lalu
EUR/USD Holds Steady as US Government Shutdown Ends
The EUR/USD pair is trading flat on Thursday, hovering around 1.1587, following the House of Representatives' approval of a short-term budget bill that ends the longest US government shutdown in history.
RoboForex
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22j 43min yang lalu
The dollar roller coaster ride
•The acceleration of foreign economies will weaken the US dollar.
•The USD index may fall another 13.5%.
•GBP is pressured by political uncertainty.
•Verbal interventions are not helping the yen.
FxPro
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1 hari yang lalu
Understanding Stop Loss Hunting During November Volatility – Smart Risk-Management Insights
Explore how stop loss hunting impacts trading during November’s volatile markets. Learn to identify stop-loss clusters, place smarter stops, and manage risk effectively.
Rock-West
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