Analysis

Euro takes advantage of weak dollar

Euro takes advantage of weak dollar

Dollar extends slide on thin holiday trading - More Fed officials to step onto the rostrum - Euro gains ahead of key inflation data - Wall Street set to open higher, oil rebounds
XM Group | 6 days ago
Commodity prices Surge as Geopolitical Tension Rise

Commodity prices Surge as Geopolitical Tension Rise

The market saw muted activity as both the U.S. and the U.K. observed public holidays in yesterday's session. The dollar index (DXY) edged lower, failing to hold above the 104.50 level. This decline comes as the market anticipates signs of cooling U.S. inflation ahead of the PCE reading due on Friday.
PU Prime | 6 days ago
Daily Global Market Update

Daily Global Market Update

The EUR/USD rose 0.1%, Gold increased 0.5%, GBP/USD gained 0.2%, and Bitcoin surged 1.6%. Global highlights: Canada's stock index rose, Ethereum’s meme coins surged, and Amazon’s AWS plans a major investment in Italy. Key events: Eurogroup meeting, US S&P/Case-Shiller Home Price Indices, US Consumer Confidence, Australia's Retail Sales, US Redbook Index, and Germany’s Wholesale Price Index.
Moneta Markets | 6 days ago
USDJPY, EURUSD, AUDUSD

USDJPY, EURUSD, AUDUSD

US Core PCE price index may boost USDJPY to surpass 156.00; Eurozone preliminary CPI attracts traders’ attention with EURUSD standing above 1.0800; Australia monthly CPI indicator may be a breath for AUDUSD
XM Group | 7 days ago
Dollar steadies, awaiting fresh catalyst

Dollar steadies, awaiting fresh catalyst

US dollar stabilizes after profit-taking pullback - Investors agree with Fed’s ‘higher for longer’ view - Wall Street rebounds as AI remains main driver - Gold gains, but remains well off its record
XM Group | 7 days ago
Daily Global Market Update

Daily Global Market Update

The oil-dollar pair rose by 1.2%, while the Aussie dollar remained stable and oversold. The Euro-dollar and Dollar-Yen pairs traded sideways with mixed signals. Nvidia's AI chip struggled in China, Dell's shares hit a record high, and U.S. stocks, led by NASDAQ, gained for a fifth week. Key upcoming economic events include the Eurozone's Eurogroup meeting and German and Japanese indicators.
Moneta Markets | 7 days ago