Daily Global Market Update

The EUR/USD fell 0.2%, the dollar rose 0.3% against the yen, and gold dropped 1.7%. Meta's stock was stable. Sterling rose, UK stock futures fell, and Wall Street had mixed results. US crude inventories unexpectedly increased.

Moneta Markets | 188 days ago

Euro's Minor Decline Against the Dollar

The EUR/USD pair experienced a slight decrease of 0.2% against the dollar in the last session. The RSI is indicating a negative signal.

Dollar's Uptick Against the Yen

The dollar rose by 0.3% against the yen in the last session. The MACD is currently indicating a positive outlook.

Gold's Substantial Dip

The gold-dollar pair saw a significant decline of 1.7% in the last session. The Stochastic RSI suggests a negative trend ahead.

Meta's Stock Performance

Meta's stock traded sideways in the last session. The Stochastic indicator is currently giving a negative signal.

Global Financial Headlines

Sterling edged higher while UK stock futures fell following Prime Minister Rishi Sunak's announcement of a parliamentary election on July 4th. Wall Street’s main indexes showed mixed results as investors awaited Nvidia’s quarterly results and the Federal Reserve's policy meeting minutes. US crude oil inventories rose unexpectedly last week, with gasoline stockpiles falling as demand increased ahead of the summer driving season, as reported by the Energy Information Administration.

Upcoming Economic Highlights

Here’s a brief rundown of today’s anticipated economic releases:

• Japan's National Consumer Price Index - 2330 GMT

• UK's GfK Consumer Confidence - 2301 GMT

• Australia’s Consumer Inflation Expectations - 0100 GMT

• Eurozone’s Eurogroup Meetings - 0700 GMT

• Japan’s Jibun Bank Manufacturing PMI - 0230 GMT

• US Initial Jobless Claims - 1230 GMT

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Tags: Analysis EURUSD

EUR/USD Steady Ahead of Major US Data Releases

EUR/USD remains stable at around 1.0483 as markets digest the implications of the latest FOMC minutes.

RoboForex | 13h 55min ago

All Eye on Today’s PCE

Ahead of today’s U.S. PCE reading, most asset classes remained steady as markets await direction. A higher-than-expected reading could bolster the dollar.

PU Prime | 17h 33min ago

Daily Global Market Update

Gold prices dropped significantly, while the Euro gained slightly. The Pound dipped, and Bitcoin fell sharply. Global equities rose as the dollar weakened. DeFi tokens surged, and the total value locked in DeFi reached a three-year high. Apple's investment proposal in Indonesia was rejected. Key economic events like US Non-Farm Payrolls and UK CPI are due.

Moneta Markets | 1 day ago

Trump’s Tariff Policies Push Dollar Higher

The dollar surged to a recent high, recovering from yesterday's retreat, driven by President-elect Donald Trump's threats of 25% tariffs on Canada, China, and Mexico.

PU Prime | 1 day ago

NZDUSD, USDJPY, EURUSD

RBNZ to cut rates again with NZDUSD remaining in negative territory; US core PCE may give some clues for the next Fed meeting; USDJPY near 155.00; Eurozone flash CPI on the agenda; EURUSD tumbles 5% in three weeks

XM Group | 2 days ago

EUR/USD Amid Slowing European Economy

EUR/USD encountered significant pressure, testing a low of 1.0331 before rebounding to 1.0476, as market concerns mount over the potential economic slowdown in Europe and aggressive rate cuts by the European Central Bank (ECB).

RoboForex | 2 days ago

Dollar Plummet on Trump’s Treasury Secretary Speculation

The U.S. Dollar faced a sell-off during the Asian session as market sentiment shifted with speculation around Donald Trump’s potential Cabinet appointments.

PU Prime | 2 days ago

Yen Strengthens on BoJ Speculation, Euro Struggles Amid Trade Tensions

The Japanese yen saw notable appreciation overnight, with USD/JPY dipping below the critical 155.00 level. This movement was spurred by comments from Bank of Japan (BoJ) Governor Kazuo Ueda, who avoided providing a definitive stance on whether the central bank might pivot its policy at the December meeting.

ACY Securities | 2 days ago

EURUSD	1.05657	GBPUSD	1.26796	AUDUSD	0.64998
USDJPY	151.093	USDCAD	1.4027	USDCHF	0.8819