Daily Global Market Update

Euro Dollar up 0.4%, Dollar Yen down 0.2%, Gold Dollar drops 0.8%. Nike gains 0.2%. Dollar strong, impacting Yen. US stocks volatile on Fed concerns, Europe steady. Key events: US jobless claims, Australia employment, Eurozone meeting, Japan industry index, Australia unemployment rate.

Moneta Markets | 224 days ago

Euro Dollar Pair's Gain

The Euro Dollar pair gained 0.4% in the last session. The MACD is giving a negative signal.

Dollar Yen Pair Correction

The Dollar Yen pair corrected downwards by 0.2% in the last session. The CCI indicates that we are in an overbought market.

Gold Dollar Pair's Drop

The Gold Dollar pair dropped by 0.8% in the last session. The ROC is giving a negative signal.

Nike's Minor Rise

Nike shares saw a minor rise of 0.2% in the last session. The Ultimate Oscillator is giving a positive signal.

Global Financial Headlines

The dollar edged down but was still within striking distance of its 5 and 1/2 month high, keeping the Yen routed near 34-year lows. US stocks fell in choppy trading as investors assessed the Federal Reserve interest rate stuns and a batch of soft earnings early in the financial reporting season. European shares were flat, hovering near more than a month's low, with quarterly earnings reports from legacy names like ASML, LVMH, and Adidas in the spotlight, and investors kept an eye on developments in the Middle East.

Upcoming Economic Highlights

Here's a brief rundown of today's major economic events:

• US Continuing Jobless Claims - 12:30 GMT

• US Initial Jobless Claims - 12:30 GMT

• Australia's Employment Change - 13:00 GMT

• Eurozone's Eurogroup Meeting - 07:00 GMT

• Japan's Tertiary Industry Index - 04:30 GMT

• Australia's Unemployment Rate - 13:00 GMT

Regulation: FSA (Seychelles), FSCA (South Africa)

Tags: Analysis

EBC Markets Briefing | Oil prices meander on OPEC’s efforts

Oil prices steadied Thursday, supported by a US crude stock draw, after falling nearly 3% on ceasefire talks between Israel and Hezbollah.

EBC Financial Group | 10h 26min ago

Dollar extends retreat ahead of US Thanksgiving

Dollar traders lock more profits amid Thanksgiving Holidays - Probability of a December Fed pause eases somewhat - Yen climbs higher as BoJ hike bets remain elevated - Euro rebounds on ECB Schnabel’s hawkish remarks

XM Group | 12h 0min ago

Japanese Yen Climbs to Five-Week High Due to USD Weakness

The USD/JPY pair has dropped to 151.56, marking a five-week high for the yen. Market speculations fuel the currency's strength that the Bank of Japan (BoJ) might consider an interest rate hike as soon as December.

RoboForex | 12h 45min ago

EURJPY bears stay in control

EURJPY in the fourth week of losses. Short-term bias skewed to the downside. Next stop could be near 158.00.

XM Group | 14h 5min ago

Daily Global Market Update

The Euro is gaining strength, while the Yen is weakening. Gold is correcting upwards, and Alibaba stock is dipping. The Canadian dollar is recovering, but Wall Street is down. Key economic events include Canadian GDP, US inflation, Eurozone consumer confidence, and UK retail sales.

Moneta Markets | 16h 29min ago

Gold Decline on Easing Geopolitical Tension

The U.S. Personal Consumption Expenditures (PCE) report, released yesterday, met market expectations but failed to deliver any surprises, resulting in continued weakness in the U.S. dollar. Simultaneously, long-term Treasury yields fell to their lowest levels in November.

PU Prime | 17h 2min ago

How Global Economic Shifts Shape November's Trading Opportunities

The U.S. economy continues to chart a path toward a "soft landing," a scenario where inflation cools without triggering a severe recession. Gradual easing in the labour market underscores this trend, with recent jobless claims figures showing minor increases yet remaining well below concerning thresholds. Businesses are largely retaining staff, indicating stable employment conditions.

ACY Securities | 18h 19min ago

How Low Could EUR/USD Go?

In a significant market move, EUR/USD has plunged to levels not seen in over two years, driven by a combination of economic and geopolitical pressures. This sharp decline has been raising questions about the resilience of the eurozone economy and the broader implications for global currency dynamics.

ACY Securities | 18h 20min ago

EURUSD	1.05529	GBPUSD	1.26856	AUDUSD	0.64969
USDJPY	151.53	USDCAD	1.4011	USDCHF	0.88269