EBC Daily Snapshot Jul 10, 2024
The dollar rose Wednesday after Fed Chair Powell said a rate cut won't happen until the Fed is confident inflation is heading to the 2% target.
EBC Financial Group
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510 dagar sedan
EBC Financial Group
4.8
14 reviews
Typ: STP, ECN
Förordning: FCA (UK), ASIC (Australia), CIMA (Cayman Islands)
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US Dollar Slides Ahead of Key US Data Releases | 3rd December 2025
The US Dollar slips toward 99.20 as traders await key US data, while rate-cut expectations keep pressure on the greenback. AUD and NZD strengthen on firm domestic signals and China momentum, USD/CNY edges higher on soft China PMI, and AUD/JPY stays weak after GDP misses. Markets now look to US PCE, ISM, and jobs data for direction.
Moneta Markets
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1h 48minuter sedan
Panic helped the dollar
Hassett's chances of becoming Fed chair are growing, and the FOMC may cut rates to 3% in 2026. Europe is losing out to the US due to AI, while the BoJ's rate hike is raising concerns.
FxPro
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20h 25minuter sedan
Dollar stabilizes on ISM mfg. PMI, yen resumes slide
ISM mfg. slides but prices subindex rebounds - Dollar stabilizes as December Fed cut chance slips somewhat - Yen retreats as JGB auction draws solid demand - Wall Street pulls back, gold eases after hitting resistance at $4,270
XM Group
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21h 37minuter sedan
The S&P 500 is gearing up for a Christmas rally
S&P 500 dips on higher US yields, crypto sell-off; forecasts remain bullish through 2026 on AI, earnings, economy
FxPro
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21h 41minuter sedan
Crypto on thin ice
Crypto market stabilizes under $3T but risks sell-off; bulls must hold $2.83T as TradFi/ETF inflows fail to lift momentum.
FxPro
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23h 14minuter sedan
EUR/USD Holds Ground Amid Firm Focus on Fed Policy
The EUR/USD pair retreated to 1.1612 on Tuesday, pulling back from a recent two-week high. The catalyst for the move was a significant repricing of US interest rate expectations following weak manufacturing data. The ISM Manufacturing Index confirmed a ninth consecutive month of contraction, with the pace of decline the fastest in four months.
RoboForex
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23h 42minuter sedan
EBC Markets Briefing | Pound nears one-month high; Disney turbocharged by Zootopia 2
Sterling neared a one-month high Tuesday as the dollar fell on US factory data showing nine months of contraction in November.
EBC Financial Group
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1 dag sedan
WTI Slips Below $59 as Bearish Outlook Weighs on Global Markets | 2nd December 2025
WTI’s drop below $59 highlights weak demand and keeps oil in a bearish trend, pressuring the CAD and supporting USD/CAD near 1.40. Risk-on sentiment lifts USD/JPY, silver corrects after a record run, and a slightly higher USD/CNY fix signals controlled yuan moves ahead of key US and China data.
Moneta Markets
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1 dag sedan
