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Analys
Dollar Dips in Thin, Holiday Trade, AUD Breaks Higher
The Dollar Index (USD/DXY), a popular measure of the Greenback’s value against a basket of 6 major currencies, dipped to 101.45, from 101.70, and its lowest finish since 27 July. The USD/JPY pair, however, edged higher to 142.45 (142.35) after Japan’s November Jobless Rate remained unchanged, at 2.5%. The Dollar traded to an overnight high at 142.67 JPY before easing.
ACY Securities
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602 dagar sedan
Decoding Japan’s Policy Stance and Unravelling Sterling Dynamics in 2023
As I delve into the intricacies of the Bank of Japan's recent decisions, it's evident that the BoJ has maintained its steadfast position, refraining from any end-of-year surprises. From my perspective, the global easing of yield pressures and the perceived inclination towards quicker "adjustment" cuts in the US create an environment.
ACY Securities
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602 dagar sedan
Continued Slow Erosion, From Shifting Headwinds
On my thoughts, it's evident that the US Dollar (USD) continues its gradual erosion, influenced by various shifting headwinds. Looking ahead to the entirety of 2023, indications point towards a mild depreciation of the Dollar, with estimates projecting a -1% decline based on the DXY and a broader trade-weighted index showing a decrease of -1.3%.
ACY Securities
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602 dagar sedan
Daily Global Market Update
Bitcoin down 2.8%, reversal possible. Nike falls 0.2%, negative trend likely. AUD/USD up 0.2%, overbought. Gold gains 0.6%, correction ahead. Oil up amid tensions; Dollar falters. Zhao's wealth surges $25bn. Key economic data due: US, Finland, Japan.
Moneta Markets
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602 dagar sedan
Global Markets Surge on Rate Cut Anticipation
U.S. equity markets, which attained record highs as Investors anticipate an early rate cut by the Federal Reserve next year.
PU Prime
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602 dagar sedan
Market Sideways While Celebrating Christmas
Major currencies, including the dollar, have maintained stability in their price levels as Christmas and Boxing Day festivities take centre stage globally
PU Prime
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603 dagar sedan
IPO markets may return to normal in 2024 after 2-year slump
The market for initial public offerings (IPOs) is poised for a potential upswing in 2024, fueled by an improved outlook and expectations of three interest rate cuts from the U.S. Federal Reserve, which are expected to invigorate growth-oriented companies, according to investment bank Renaissance Capital.
Markets.com
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603 dagar sedan
Downbeat PCE Hinders Dollar
The U.S. Personal Consumption Expenditures (PCE) price index falling short suggests a slowdown in inflation, contributing to the persistent dovish sentiment from Fed officials
PU Prime
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604 dagar sedan
The pound is rising as traders only focus on the positive
Expert market comment from senior analyst Alex Kuptsikevich of the FxPro Analyst Team: The pound is rising as traders only focus on the positive
FxPro
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607 dagar sedan
USDCAD slips to almost 5-month low
USDCAD plummeted to a fresh almost five-month low earlier today, continuing the sharp selling interest that started from the 13-month high of 1.3900.
XM Group
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607 dagar sedan
Dollar slips on Q3 data revisions, PCE inflation eyed
Q3 GDP and PCE prices revised lower - Dollar resumes slide as Fed rate cut bets increase - Aussie and yen the main gainers in FX arena - Wall Street rebounds, gold breaks key resistance
XM Group
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607 dagar sedan
Solana and Bitcoin failing to storm milestone
Expert market comment from senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Solana and Bitcoin failing to storm milestone
FxPro
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607 dagar sedan
Daily Global Market Update
Markets showed mixed trends with modest gains in the pound, bitcoin, and oil, caution in technical analyses, cryptocurrency fluctuations, and economic events ahead in the US, Japan, UK, and Netherlands.
Moneta Markets
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607 dagar sedan
Dollar Hits 1-Week Low, Focus on PCE Report
The US Dollar grapples with a one-week low against major currencies as investors await critical US inflation data for Federal Reserve policy insights. Disappointing Q3 GDP figures, revealing a growth rate of 4.9%, below market expectations, contribute to the Dollar's decline. Attention shifts to the US PCE Index for potential market shifts
PU Prime
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607 dagar sedan
Dollar rebounds ahead of PCE data, yen recovers
Dollar gains, but investors still expect sharp Fed rate cuts - Focus turns to tomorrow’s core PCE inflation metric - Yen recovers ahead of Japan’s national CPI numbers - Sharp sell-off on Wall Street snaps rally, gold slides
XM Group
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608 dagar sedan
Daily Global Market Update
Euro dips 0.3%, signaling a potential reversal. Dollar slips 0.2% against Yen; Gold retreats 0.4%, MACD hints at an upward move. Volkswagen shares down 1.5%; Global focus on Fed rate cut speculation, Wall Street highs, and UK inflation dip. Today: Dutch unemployment, Irish confidence, US GDP, Japan CPI, BoJ meeting, and UK net borrowing.
Moneta Markets
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608 dagar sedan
Bitcoin's third acceleration and Solana's fifth place
Expert market comment from senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Bitcoin's third acceleration and Solana's fifth place
FxPro
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608 dagar sedan
Oil prices hold gains on Red Sea supply uncertainty
Brent crude futures hovered around $78 per barrel on Tuesday, maintaining a 1.8% increase from the prior session. Futures for the U.S. crude benchmark West Texas Intermediate (WTI) also traded close to 1% on the day at $73.53.
Markets.com
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608 dagar sedan
All Eyes on U.S. GDP
Traders are eagerly awaiting the release of U.S. GDP data later today as they seek insights into the overall strength of the dollar
PU Prime
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608 dagar sedan
Soft inflation has pressed the Pound, but hardly the BoE
Expert market comment from senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Soft inflation has pressed the Pound, but hardly the BoE
FxPro
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608 dagar sedan
