Forex Market Report - 19th June 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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Pred 506 dňami
1. Federal Reserve Policy Meeting
- The Federal Reserve is set to announce its interest rate decision today, with markets anticipating a potential rate hike.
- Key focus will be on the Fed's statement and press conference for insights into future monetary policy direction.
- Traders should watch for volatility in USD pairs and US equity markets following the announcement.
2. Eurozone Inflation Data
- Latest CPI data for the Eurozone will be released, providing crucial insights into inflationary pressures.
- Expectations are for a slight decrease in inflation, which could influence ECB's policy stance.
- EUR/USD and EUR/GBP pairs might experience significant movements based on the inflation figures.
3. UK Employment Figures
- The UK is publishing its latest employment data, including the unemployment rate and average earnings.
- A lower unemployment rate and higher earnings growth could bolster the GBP, signaling economic resilience.
- Market participants should monitor GBP/USD and GBP/JPY for potential reactions.
4. China Economic Indicators
- China will release industrial production and retail sales data, key indicators of economic health.
- Recent lockdowns and trade tensions may reflect negatively in these figures, affecting market sentiment.
- AUD/USD and NZD/USD could be impacted due to their close economic ties with China.
5. Crude Oil Inventories Report
- The EIA will publish its weekly crude oil inventories report, with current forecasts predicting a drawdown.
- A larger than expected drawdown could push oil prices higher, influencing commodity currencies like CAD and NOK.
- Traders should keep an eye on USD/CAD and crude oil futures for potential trading opportunities.
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The dollar risks losing support from tariff revenues
• The US risks losing tariff revenues.
• The American labour market is cooling down.
• EURUSD may rise to 1.21.
• The pound rose but remains under pressure.
FxPro
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Pred 3 h 55 min
The dollar risks losing support from tariff revenues
• The US risks losing tariff revenues.
• The American labour market is cooling down.
• EURUSD may rise to 1.21.
• The pound rose but remains under pressure.
FxPro
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Pred 3 h 56 min
Global Currencies React to Shifting Trade Data and Central Bank Policies Amid Mixed Dollar Performance | 7th November 2025
The U.S. Dollar steadied near 100.00 as firm yields and weak Chinese trade data pressured risk currencies. The Aussie and Kiwi fell on slower export outlooks, while USD/CAD held near six-month highs. The Yen eased as BoJ stayed dovish. Traders now await U.S. inflation and sentiment data for the Fed’s next policy cues.
Moneta Markets
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Pred 8 h 47 min
The pound fears the Bank of England
• The dollar risks weakening due to the stock market.
• The Supreme Court calls tariffs taxes.
• The pound fears a reduction in the repo rate.
• Wage data does not help the yen.
FxPro
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Pred 1 dňom
GBP/USD Hovers Near Lows as Bank of England Decision Looms
The GBP/USD pair is attempting to find support around 1.3062 on Thursday, with investors cautiously positioning themselves ahead of today's pivotal Bank of England (BoE) monetary policy meeting.
RoboForex
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Pred 1 dňom
GBP/USD takes a hit on UK budget jitters
GBP/USD slides to 1.3000 on tax-hike fears. Bears break 2025 uptrend as technical signals point to oversold conditions.
XM Group
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Pred 2 dňami
ATFX Market Outlook 5th November 2025
U.S. Senate failed to pass a temporary funding bill once again on Tuesday, setting the stage for a government shutdown that will soon surpass the 35-day record from late 2018 to early 2019. Wall Street closed sharply lower as major banks warned of potential corrections, reflecting growing concerns over stretched valuations.
ATFX
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Pred 2 dňami
Shutdown Risks, Tariff Relief Shape FX Moves | 5th November 2025
Markets traded mixed as a possible U.S. government shutdown and easing U.S.-China tensions shaped sentiment. Gold climbed above $4,000 on safe-haven demand, WTI oil slipped near $60 on rising inventories, and GBP/USD fell to 1.3040 amid BoE caution. China’s tariff cuts boosted optimism, but traders remain wary ahead of key U.S. data.
Moneta Markets
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Pred 2 dňami
