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Daily Global Market Update
Oil price dipped but technical indicators suggest potential rise. Aussie dollar and Euro dollar also show positive technical signals despite minor decline. Dollar Yen remains flat with negative RSI. Global stocks rose on positive Foxconn earnings and hopes of US rate cuts. Today's key events include Japan's economic outlook, Germany trade data, and Eurozone Euro Group meeting.
Moneta Markets
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312 dias atrás
Forex Market Report - 8th July 2024
Our 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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312 dias atrás
NFP Comment - no more upside surprises
Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: NFP Comment - no more upside surprises
FxPro
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315 dias atrás
China-US trade wars undermine Eurozone manufacturing
Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: China-US trade wars undermine Eurozone manufacturing
FxPro
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315 dias atrás
Spotlight on NFP as dollar sinks; pound unmoved by Labour landslide
Dollar slips further ahead of crucial US jobs report. Pound marginally higher as Labour crush the Tories in UK election. Equities set to end week on a high note, Bitcoin keeps slumping.
XM Group
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315 dias atrás
The pound is about to change its course
Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: The pound is about to change its course
FxPro
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315 dias atrás
EBC Daily Snapshot Jul 5, 2024
On Friday, the US dollar neared three-week lows ahead of payrolls, while the pound held strong with Labour poised for a UK election landslide.
EBC Financial Group
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315 dias atrás
Gold Maintains Upward Trend as Market Anticipates US Jobs Data
Gold prices have continued their ascent, with a troy ounce of the precious metal reaching USD 2363. This rise is primarily fuelled by anticipated US employment data for June, which could significantly influence the Federal Reserve's rate decisions.
RoboForex
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315 dias atrás
EBC Markets Briefing | Australian dollar hits six-month high due to iron ore rally
The Australian dollar hit a 6-month high on Friday on the US slowdown and iron ore price rise, driven by China steel demand bets.
EBC Financial Group
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315 dias atrás
Terrifying Crypto sell-off
Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Terrifying Crypto sell-off
FxPro
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315 dias atrás
Jerome Powell's Remarks Shake the USD & Euro Gains Momentum
Federal Reserve Chair Jerome Powell recently spoke at the ECB’s Central Bank Forum in Sintra, expressing a cautious optimism about inflation. His remarks led to a slight decline in the US dollar, continuing its drop from the recent high of 106.13. Despite this, the USD/JPY reached a year-to-date high of 161.94 overnight.
ACY Securities
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315 dias atrás
USA Employment and Economic Report: June Analysis
The latest ADP report reveals a modest increase in private sector jobs for June, adding 150,000 positions, slightly under the anticipated 165,000.
ACY Securities
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315 dias atrás
Bond Yields, Dollar Slide on Weak US Services Sector Data
The Dollar Index (DXY), a measure of the Greenback’s value against a basket of 6 major currencies, slid to 105.15 from 105.70 after the US services activity surprisingly contracted in June.
ACY Securities
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315 dias atrás
Forex Market Report - 5th July 2024
Our 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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315 dias atrás
All Eye on Today’s NFP
The UK general election 2024 was held on Thursday, and while the results are yet to be finalized, the Labour Party is poised to win a majority, ending the Conservatives' 14-year rule. The UK's equity market index, FTSE 100, edged higher in the last session, while the Pound Sterling remained steady.
PU Prime
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315 dias atrás
Daily Global Market Update
Major currencies showed mixed performance. The pound and Aussie dollar gained slightly, while Bitcoin fell sharply. Oil prices rose but may be overbought. Economic data from US, Germany, Italy, and Japan coming up today. Tron's Justin Sun eyes German Bitcoin holdings, and South African rand strengthens.
Moneta Markets
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315 dias atrás
EBC Daily Snapshot Jul 4, 2024
Thursday saw the dollar weaken after ADP reported fewer job gains in June, aligning with increased initial unemployment claims last week.
EBC Financial Group
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316 dias atrás
Dollar skids on ISM services dip, pound steady as UK votes
ISM services PMI points to unexpected contraction in June. Treasury yields and dollar take a dive, but Wall Street rallies. Pound in bullish mode as UK goes to the polls amid broader risk appetite.
XM Group
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316 dias atrás
NZD/USD Continues to Climb Amidst USD Weakness
The NZD/USD pair has extended its upward movement into a third session, reaching 0.6106 amid growing weaknesses in the US dollar.
RoboForex
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316 dias atrás
EBC Markets Briefing | Gold hit near two-week high on US slowing
Gold prices neared a two-week high on Thursday, boosted by expectations of a Fed interest rate cut in September following labor market easing.
EBC Financial Group
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316 dias atrás