EBC Daily Snapshot Jul 29, 2024

The dollar inched up on Monday as traders awaited the Fed’s policy decision. The Fed is expected to maintain a wait-and-see stance before September.

EBC Financial Group
Typ: STP, ECN
Förordning: FCA (UK), ASIC (Australia), CIMA (Cayman Islands)
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Bitcoin tries to bounce back up

Bitcoin tries to bounce back up

Expert market comment made by Chief Market Analyst Alex Kuptsikevich of the FxPro Analyst Team: Bitcoin tries to bounce back up
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ATFX Market Outlook 3rd September 2025

ATFX Market Outlook 3rd September 2025

U.S. stocks closed lower on Tuesday, with the U.S. manufacturing sector contracting for the sixth consecutive month in August, as investors assessed the outlook for President Trump's tariff policy after a federal appeals court ruled that most of his broadly imposed tariffs were illegal. Investors also awaited Friday's monthly U.S. jobs report.
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Gold Near Record Highs Poised for a New Peak

Gold Near Record Highs Poised for a New Peak

Gold prices extended their rally on Tuesday, reaching 3,490 USD per troy ounce, approaching an all-time high. The metal found support in growing expectations of a Federal Reserve rate cut as soon as September, along with a concurrent weakening of the US dollar.
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