EBC Daily Snapshot Sep 9, 2024

The dollar stayed in tight ranges Monday as investors awaited US inflation data for clues on the Fed's expected rate cut later this month.
EBC Financial Group | 429 วันที่ผ่านมา

EBC Financial Group
ประเภท: STP, ECN
กฎระเบียบ: FCA (UK), ASIC (Australia), CIMA (Cayman Islands)
read more
AUD/USD Up as RBA Signals End to Rate Cutting Cycle

AUD/USD Up as RBA Signals End to Rate Cutting Cycle

The Australian dollar rose as the RBA signaled an end to its rate-cutting cycle, with Deputy Governor Hauser warning of limited room for further easing amid persistent inflation and capacity constraints.
ActivTrades | 4 ชม. 26 นาทีที่ผ่านมา
The dollar roller coaster ride

The dollar roller coaster ride

•The acceleration of foreign economies will weaken the US dollar. •The USD index may fall another 13.5%. •GBP is pressured by political uncertainty. •Verbal interventions are not helping the yen.
FxPro | 5 ชม. 36 นาทีที่ผ่านมา
Yen intervention risk rises, US jobs concerns intensify

Yen intervention risk rises, US jobs concerns intensify

Japan’s Katayama highlights negative impact of weak yen - US labor market concerns increase chance of December Fed cut - Soft UK jobs report takes BoE rate cut probability higher - Stock futures rise; gold extends rebound despite broader optimism
XM Group | 6 ชม. 9 นาทีที่ผ่านมา
Pound Succumbs to Pressure from Weak Labour Data

Pound Succumbs to Pressure from Weak Labour Data

The GBP/USD pair snapped a four-day winning streak, declining for a second day to trade around 1.3135. The sell-off was triggered by UK labour market data revealing a rise in unemployment and a deceleration in annual wage growth.
RoboForex | 7 ชม. 15 นาทีที่ผ่านมา