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 | 732 дней спустя

EBC Financial Group
Тип: STP, ECN
Регулирование: FCA (UK), ASIC (Australia), CIMA (Cayman Islands), FSCA (South Africa)
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The Great Gold Reallocation: Central Banks Rethink Reserve Security 💥

The Great Gold Reallocation: Central Banks Rethink Reserve Security 💥

Central banks are reconsidering where their gold is held as geopolitical and jurisdictional risks reshape reserve management. Europe’s shifting custody strategy highlights a broader move towards greater control and diversification. For investors, the trend strengthens gold’s long-term role as a sovereign asset independent of conventional credit and payment systems.
Headway | 2 дней спустя
The dollar has staked its fate on the NFP

The dollar has staked its fate on the NFP

The dollar awaits NFP: USD weakness is being exacerbated by the yen’s rise, the US trade deficit, and falling yields. The market is bracing for volatility.
FxPro | 2 дней спустя
Dovish Fed bets pummel dollar, boost gold ahead of NFP

Dovish Fed bets pummel dollar, boost gold ahead of NFP

Dollar sinks as Fed’s Waller backs September hold. Stocks, cryptos and gold rally as bond yields retreat from highs. Oil prices stay elevated amid lack of diplomacy in Middle East. All eyes now on the August jobs report.
XM Group | 2 дней спустя