Daily Global Market Update
Pound's Rise Against the Dollar
The pound rose by 0.4% against the dollar in the last session. According to the CCI, we are currently in an oversold market.
Bitcoin's Explosive Growth
The Bitcoin-dollar pair exploded by 8.2% in the last session. The Stochastic RSI is signalling a positive outlook.
Oil's Modest Gain
The oil-dollar pair rose by 0.7% in the last session. The MACD is giving a negative signal, contrasting with the price movement.
AUD/USD Pair's Significant Leap
The AUD/USD pair skyrocketed by 1.1% in the last session. The RSI is giving a positive signal, aligning with the overall price movement.
Global Financial Headlines
Global crypto trading volumes on centralised exchanges surged by 19% in July, reaching $4.94 trillion, marking the first increase in trading volumes in 4 months. The average rate on the popular US 30-year mortgage plunged to its lowest level since May 2023, averaging 6.47%, down from 6.73% in the prior week. This follows days of market turbulence resulting from last week's softer-than-expected employment report. Gold prices rose more than 1%, supported by firm safe-haven demand and growing expectations for a sizable interest rate cut from the US Federal Reserve in September. Spot gold rose 1.6%.
Upcoming Economic Highlights
Here's a brief rundown of today's anticipated economic releases:
• US Baker Hughes US Oil Rig Count - 1700 GMT
• Germany's Harmonised Index of Consumer Prices - 0600 GMT
• Germany's Consumer Price Index - 0600 GMT
• Finland's Industrial Output - 0500 GMT
• Japan's CFTC JPY NC Net Positions - 1930 GMT
• UK's CFTC GBP NC Net Positions - 1930 GMT
AUD/USD Up as RBA Signals End to Rate Cutting Cycle
WTI Steadies Above $60 as Reopening Hopes Rise | 12th November 2025
Forex anticipates the end of the shutdown
Forex anticipates the end of the shutdown
Forex anticipates the end of the shutdown
Forex anticipates the end of the shutdown
Markets Calm as Shutdown Nears End | 11th November 2025
