EBC Daily Snapshot Sep 4, 2024

Safe-haven currencies surged Wednesday as Wall Street and Asian stocks fell sharply, leading to losses in commodity currencies.

EBC Financial Group
Tür: STP, ECN
Düzenleme: FCA (UK), ASIC (Australia), CIMA (Cayman Islands)
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USD/JPY in Equilibrium as Volatility Rises

USD/JPY in Equilibrium as Volatility Rises

The USD/JPY pair held steady on Thursday, trading around 148.13 as the yen modestly recovered from the losses incurred in the previous session. The US dollar came under pressure following the release of softer US labour market data, which bolstered expectations of an impending Federal Reserve rate cut.
RoboForex | 5s 46 dakika önce
Risk markets jittery as expectations for soft US data mount

Risk markets jittery as expectations for soft US data mount

Risk sentiment remains fragile ahead of the first batch of key US data; Gold and rising bond yields continue to unnerve investors; ADP report and ISM Services PMI might open the door to a 50bps Fed cut; Fedspeak to intensify, markets to digest Miran’s hearing headlines today;
XM Group | 6s 49 dakika önce
ATFX Market Outlook 4th September 2025

ATFX Market Outlook 4th September 2025

The Federal Reserve’s Beige Book indicated that overall economic activity was largely unchanged, with tariffs continuing to weigh on both businesses and households. Meanwhile, the JOLTS report showed a pronounced decline in job openings and an uptick in layoffs. Several FED officials reiterated that labor market conditions remain the primary driver behind their expectation of future rate cuts.
ATFX | 11s 47 dakika önce