EBC Daily Snapshot Sep 4, 2024
Safe-haven currencies surged Wednesday as Wall Street and Asian stocks fell sharply, leading to losses in commodity currencies.
EBC Financial Group
|
365 dias atrás
EBC Financial Group
4.8
13 reviews
Tipo: STP, ECN
Regulamento: FCA (UK), ASIC (Australia), CIMA (Cayman Islands)
read more
USD/JPY holds flat, but bulls remain on watch
USD/JPY fails to close above 149.00 ahead of key jobs figures. Bulls could make another attempt if the 147.85 floor holds firm.
XM Group
|
49 minutos atrás
Risk markets jittery as expectations for soft US data mount
Risk sentiment remains fragile ahead of the first batch of key US data; Gold and rising bond yields continue to unnerve investors; ADP report and ISM Services PMI might open the door to a 50bps Fed cut; Fedspeak to intensify, markets to digest Miran’s hearing headlines today;
XM Group
|
1 h 9 min atrás
Yen Weakens on BoJ Uncertainty as Kiwi and Aussie Hold Firm | 4th September 2025
The Yen weakened on BoJ ambiguity and political risks, while the Kiwi firmed above 0.5850 on soft US labor data. AUD steadied on strong trade surplus, and AUD/JPY hovered near 97.00 with a bullish bias. EUR/USD stayed near 1.1650 ahead of retail sales, and USD/JPY held above 147.00. Markets eye US jobs data and Eurozone figures for fresh direction.
Moneta Markets
|
4 h 21 min atrás
ATFX Market Outlook 4th September 2025
The Federal Reserve’s Beige Book indicated that overall economic activity was largely unchanged, with tariffs continuing to weigh on both businesses and households. Meanwhile, the JOLTS report showed a pronounced decline in job openings and an uptick in layoffs. Several FED officials reiterated that labor market conditions remain the primary driver behind their expectation of future rate cuts.
ATFX
|
6 h 7 min atrás
GBP/USD Tumbles: Investors Lose Confidence in UK Fiscal Sustainability
The GBP/USD pair declined to 1.3366 on Wednesday, reflecting intensified selling pressure on the pound. Sterling’s weakness stems from a sharp rise in UK government bond yields and broader global concerns regarding fiscal stability.
RoboForex
|
23 h 36 min atrás
Gold touches new record, dollar holds firm, pound’s losses deepen
Gold and US dollar remain in demand amid bond market selloff; Pound slips again as UK yields continue to surge; But Wall Street given a lifeline following Google’s legal win; ISM manufacturing PMI spurs yo-yo price action, JOLTS awaited next
XM Group
|
1 dia atrás
Bitcoin tries to bounce back up
Expert market comment made by Chief Market Analyst Alex Kuptsikevich of the FxPro Analyst Team: Bitcoin tries to bounce back up
FxPro
|
1 dia atrás
Silver Pulls Back After 14-Year Highs as Dollar Strengthens | 3rd September 2025
Silver eased from 14-year highs near $41 as profit-taking emerged, while the US Dollar Index rose toward 98.50 on safe-haven demand. EUR/USD slipped toward 1.1600, USD/JPY held above 147.00, and USD/CNY traded near 7.11 amid cautious PBoC guidance. Markets await US jobs, PMI, and Fed signals for FX and commodity direction.
Moneta Markets
|
1 dia atrás
