Análise

Gold Surge on Heightens Middle East Tension

Gold Surge on Heightens Middle East Tension

Jerome Powell's highly anticipated speech last Friday at the Jackson Hole Economic Symposium drove the dollar to its lowest level since last July. The Fed Chair expressed concerns about the U.S. job market and indicated confidence that the inflation rate will reach the 2% target, suggesting a dovish stance from the U.S. central bank.
PU Prime | 263 dias atrás
Markets position ahead of Powell’s Jackson Hole speech

Markets position ahead of Powell’s Jackson Hole speech

Dollar rebounds despite jobless claims increase - Traders position for Fed Chair Powell’s Jackson Hole speech - Yen rebounds as BoJ’s Ueda appears willing to continue hiking rates - Wall Street slips as tech shares weigh, gold pulls back
XM Group | 266 dias atrás
Daily Global Market Update

Daily Global Market Update

The GBP/USD moved sideways, Bitcoin dropped 1%, and oil dipped slightly despite a positive MACD. AUD/USD fell 0.6% in an overbought market. Global trends show reduced Bitcoin inflows, lower US business activity, and a minor oil price rebound. Key economic data releases are expected today.
Moneta Markets | 266 dias atrás
Dovish Fed and labor data weigh on dollar

Dovish Fed and labor data weigh on dollar

Fed minutes reveal some members wanted a July cut - Nonfarm payroll growth revised down by the most since 2009 - PMIs in focus ahead of Powell’s Jackson Hole speech - Wall Street gains ground, oil extends slide
XM Group | 267 dias atrás
Crypto Tug of War

Crypto Tug of War

Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Crypto Tug of War
FxPro | 267 dias atrás
Daily Global Market Update

Daily Global Market Update

The Euro/Dollar pair saw a slight increase, while the Dollar/Yen remained stable. Gold prices traded sideways, and Google's stock rose. The pound strengthened against the dollar as expectations for US interest rate cuts grew. The S&P 500 and NASDAQ edged up due to a decline in US job data. Gold prices fell slightly.
Moneta Markets | 267 dias atrás
USD Weakens Amid Fed Speculation; BOE's Divergent Path Gains Attention

USD Weakens Amid Fed Speculation; BOE's Divergent Path Gains Attention

The US Dollar eased across the board as traders braced for key central bank meetings this week. The Federal Reserve's potential pivot towards a more dovish monetary policy has caused the USD to dip to its lowest level in seven months. This shift in sentiment reflects growing expectations that the Fed may soon begin a rate-cutting cycle, influencing market movements.
ACY Securities | 267 dias atrás