EBC Daily Snapshot Jul 9, 2024
US dollar near multi-week low; 76% odds of a September rate cut per CME Group's FedWatch Tool ahead of Powell's testimony.
EBC Financial Group
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484 dias atrás
EBC Financial Group
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Stocks plunge on AI valuation worries, gold and yen bounce back
Risk aversion mounts amid increasing doubts about AI valuations. Nasdaq leads the declines on Wall Street, Nikkei tumbles 2.5%. Gold and yen attract safe-haven bids but panic may already be easing.
XM Group
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14 minutos atrás
ETHUSD Falls Below Key Support as Bearish Momentum Strengthens
ETHUSD remains under heavy selling pressure after slipping below key support near $3,100. Momentum indicators confirm a broad bearish bias, with lower-timeframe charts suggesting the next target could be $3,000.
Ultima Markets
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18 minutos atrás
Forex goes to safe havens
• The shutdown may end soon.
• Increased volatility supports the dollar.
• The Bank of Japan recalls deflation.
• The pound is frightened by tax increases.
FxPro
|
32 minutos atrás
Forex goes to safe havens
• The shutdown may end soon.
• Increased volatility supports the dollar.
• The Bank of Japan recalls deflation.
• The pound is frightened by tax increases.
FxPro
|
32 minutos atrás
GBP/USD takes a hit on UK budget jitters
GBP/USD slides to 1.3000 on tax-hike fears. Bears break 2025 uptrend as technical signals point to oversold conditions.
XM Group
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58 minutos atrás
If the 4-year cycles are still alive, BTC faces a pullback to $70K
Crypto market drops 2.4%, hitting $3.3T — its lowest since July, sliding into bear territory below 200-day average.
FxPro
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1 h 16 min atrás
If the 4-year cycles are still alive, BTC faces a pullback to $70K
Crypto market drops 2.4%, hitting $3.3T — its lowest since July, sliding into bear territory below 200-day average.
FxPro
|
1 h 16 min atrás
Gold Holds at October Lows Amid Shifting Rate Expectations
On Wednesday, gold traded around 3,940 USD per troy ounce, stabilising near its lowest levels since early October. The precious metal remains under pressure from a recalibration of interest rate expectations, as markets adopt a more cautious outlook on further easing by the Federal Reserve.
RoboForex
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1 h 57 min atrás
