Daily Global Market Update

EUR/USD declined slightly, USD/JPY strengthened, gold dropped sharply, Amazon shares fell, USD/CAD weakened due to a Bank of Canada rate cut, Wall Street declined due to rising yields and skepticism about Fed rate cuts, corporate news affected McDonald's and Coca-Cola, and US existing home sales hit a 14-year low.

Moneta Markets | 204 dias atrás

EUR/USD's Downward Movement

The EUR/USD pair experienced a minor decline of 0.1% in the latest trading session. The Rate of Change (ROC) indicator is currently showing a negative signal.

USD/JPY's Strong Performance

The dollar strengthened against the Japanese yen, gaining 0.9% in the latest session. The Ultimate Oscillator suggests the market is currently in overbought territory.

Gold's Sharp Decline

Gold experienced a significant drop of 1.1% in the latest trading session. The Stochastic RSI indicates bearish momentum.

Amazon Stock Under Pressure

Amazon shares declined by 2.2% in the latest session. The Stochastic RSI is showing bearish signals.

Market Headlines

The Canadian dollar has weakened to an 11-week low against its US counterpart following the Bank of Canada's significant interest rate cut. Wall Street experienced a decline, led by mega-cap stocks, as US Treasury yields increased and investors became more skeptical about aggressive Federal Reserve rate cuts. Both McDonald's and Coca-Cola faced pressure from corporate news. Additionally, US existing home sales fell to a 14-year low in September, affected by elevated mortgage rates and house prices, marking the second consecutive monthly decline.

Upcoming Economic Events

Key economic releases to watch:

• Japan's Jibun Bank Manufacturing PMI - 0030 GMT

• UK's GfK Consumer Confidence - 2301 GMT

• US Initial Jobless Claims - 1230 GMT

• German Buba Monthly Report - 1000 GMT

• US Chicago Fed National Activity Index - 1230 GMT

• Finland's Producer Price Index - 0500 GMT

Regulamento: FSA (Seychelles), FSCA (South Africa)

EUR/USD Unchanged Amid Mixed News and Lingering Risks

The EUR/USD pair remained steady near 1.1196 on Friday, closing the week with little movement.

RoboForex | 13 h 10 min atrás

ATFX Market Outlook 16th May 2025

U.S. retail sales increased at a much weaker rate in April as the pre-tariff scramble to purchase automobiles exhausted itself and shoppers trimmed other spending in the face of growing economic uncertainty. In addition, Federal Reserve Chairman Jerome Powell stated the Fed needs to reconsider its existing employment and inflation paradigm within monetary policy.

ATFX | 18 h 14 min atrás

Yen Edges Higher as Market Capitalises on News-Driven Rebound

The USD/JPY pair dipped to 147.61 on Wednesday as the yen gained ground following softer-than-expected US inflation data.

RoboForex | 2 dias atrás

Week 10 of EBC’s Million Dollar Trading Challenge II: Bold Moves, Big Lessons

In Week 10 of EBC’s Million Dollar Trading Challenge II, bold strategies and dramatic comebacks reshaped the leaderboard, highlighting adaptability and trading resilience.

EBC Financial Group | 2 dias atrás

German economic sentiment rebound supports the euro

Expert market comment made by Chief Market Analyst Alex Kuptsikevich of the FxPro Analyst Team: German economic sentiment rebound supports the euro

FxPro | 3 dias atrás

US Dollar Roars Back in a Blaze of Glory as Market Shrugs Off Recession Fears

EUR/USD dropped to 1.1110 on Tuesday, with the US dollar surging by over 1% in the previous trading session. The rally was driven by market reactions to news of a provisional agreement between China and the US to reduce tariffs, which helped alleviate global recession fears.

RoboForex | 3 dias atrás

US 100, EURUSD, GBPUSD

US-China trade talks send Wall Street sharply higher; US CPI on calendar; EURUSD tumbles ahead of Eurozone GDP; US-UK trade deal and UK GDP in focus; GBPUSD below 1.3200

XM Group | 4 dias atrás

Moneta Markets Daily Market Update: May 12, 2025

Global financial markets on May 12, 2025, are buoyed by optimism surrounding a US-China trade deal, though uncertainties over tariff reductions temper gains. Gold drops to a one-week low near $3,253, while EUR/USD holds above 1.1200, awaiting trade deal details.

Moneta Markets | 4 dias atrás

EURUSD	1.11549	GBPUSD	1.32809	AUDUSD	0.64069
USDJPY	145.873	USDCAD	1.39826	USDCHF	0.83882