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 | 638 дней спустя

EBC Financial Group
Тип: STP, ECN
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 Risk-off eases on Israel-Lebanon ceasefire, yen pinned near 160

Risk-off eases on Israel-Lebanon ceasefire, yen pinned near 160

Israel and Lebanon announce ceasefire, reviving peace hopes. But oil and dollar only marginally lower as caution prevails. Yen struggles near 160 per dollar despite Ueda’s hawkish tilt. Wall Street snaps winning streak; more losses likely as Broadcom misses guidance
XM Group | 12 минут назад
USD/JPY – Back at 160, Where Japan Drew the Line

USD/JPY – Back at 160, Where Japan Drew the Line

The intervention line is being tested again. USD/JPY is back at 160, the exact level where Japanese authorities defended the yen in April. This week, officials resumed their warnings. Tomorrow's US jobs report could be the catalyst that forces their hand — or gives them relief. The technical pressure is clear, but so is Tokyo's red line. Will they step in again?
Born2trade | 2ч 53мин назад
Tensions Flare Anew in the Middle East; Risk Appetite Dampened as U.S. Stocks Halt Winning Streak

Tensions Flare Anew in the Middle East; Risk Appetite Dampened as U.S. Stocks Halt Winning Streak

U.S. equities fell from record highs on Wednesday as rising oil prices and escalating tensions in the Middle East fueled inflation fears, prompting investors to take profits. The S&P 500 dropped 0.7%, the Nasdaq Composite slid 0.9%, and the Dow Jones fell 1.2%. Strong employment data increased rate-hike expectations, boosting the U.S. Dollar Index to its highest level since April 7.
ATFX | 6ч 18мин назад