Forex Market Report - 1st July 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 | 423 dagar sedan

1. US Economic Indicators

  • Non-Farm Payrolls: Stronger-than-expected growth could bolster USD.
  • ISM Manufacturing Index: Any unexpected weakness might signal economic slowdown, affecting USD negatively.
  • Fed Commentary: Hawkish statements from Fed officials could increase USD demand.

2. Eurozone Developments

  • Inflation Data: Rising inflation could lead to ECB tightening, supporting the Euro.
  • German Industrial Production: A decline might weaken the Euro due to concerns over Europe's largest economy.
  • ECB Policy Meeting Minutes: Insights into future monetary policy could impact EUR pairs.

3. UK Market Movements

  • BOE Interest Rate Decision: An anticipated rate hike could strengthen GBP.
  • Brexit Trade Negotiations: Any negative news could put pressure on the GBP.
  • UK GDP Growth: Strong growth figures can boost confidence in the GBP.

4. Asia-Pacific Updates

  • China's Manufacturing PMI: Weak data might signal economic issues, affecting AUD and NZD.
  • RBA Interest Rate Decision: A dovish stance might weaken the AUD.
  • Japan's Consumer Confidence: Improving sentiment can strengthen the JPY.

5. Commodity Market Influence

  • Crude Oil Prices: Rising prices can benefit CAD and NOK, while falling prices might hurt them.
  • Gold Prices: Safe-haven demand for gold can influence USD and commodity currencies.
  • OPEC Meeting: Decisions on oil production levels can impact global markets and related currencies.
Förordning: ASIC (Australia), IFC (St. Lucia)
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Currencies in Focus: Australian Dollar Strong Amidst US Dollar’s Decline | 28th August 2025

Currencies in Focus: Australian Dollar Strong Amidst US Dollar’s Decline | 28th August 2025

AUD/USD climbs toward 0.6510 on strong local data and USD weakness, while gold retreats from $3,400 on profit-taking despite Fed cut bets. EUR/JPY holds above 171.00 but French political risks cap gains. USD/INR steadies near 87.80 as tariffs offset dollar softness, while USD/CAD slips toward 1.3750 ahead of US GDP and PCE. Traders brace for key US data to set the tone.
Moneta Markets | 9h 24minuter sedan
Dollar slides as September Fed cut nearly a done deal

Dollar slides as September Fed cut nearly a done deal

NY Fed President Williams says rates likely to fall - Anxiety about Trump’s efforts to influence Fed policy intensifies - Spotlight turns to PCE inflation numbers and next week’s NFP - S&P 500 hits new record, but Nvidia slides after earnings results
XM Group | 9h 32minuter sedan
ATFX Market Outlook 28th August 2025

ATFX Market Outlook 28th August 2025

S&P 500 Index closed at a new record high on Wednesday as investors awaited the week’s most anticipated event—Nvidia’s quarterly earnings after the bell, which will test whether the rally in AI-related valuations can be sustained. The Dow rose 0.32%, the S&P 500 gained 0.24%, and the Nasdaq added 0.2%.
ATFX | 10h 6minuter sedan