Daily Global Market Update
Euro/Dollar Pair's Stability
The EUR/USD pair remained largely unchanged in the last session. The Stochastic indicator is giving a negative signal.
Dollar/Yen's Sharp Decline
The USD/JPY pair plummeted 1.2% in the last session. The MACD is giving a negative signal.
Gold's Minor Retreat
Gold experienced a decline of 0.4% against the dollar in the last trading session. The RSI is giving a negative signal.
Volkswagen's Market Struggles
Volkswagen shares dropped by 1.1% in the last session. The Ultimate Oscillator is giving a negative signal.
Global Financial Headlines
The dollar fell to its lowest in more than two months against the yen as short yen carry trades were unwound. The NASDAQ plummeted to a one-month low following disappointing earnings from Tesla and Alphabet. Gold prices rose slightly by 0.1% as the dollar slipped.
Upcoming Economic Highlights
Here's a brief rundown of today's anticipated economic releases:
• Japan's Tokyo Consumer Price Index - 2330 GMT
• US Gross Domestic Product - 1230 GMT
• Eurozone's Eurogroup Meetings - 0700 GMT
• US Durable Goods Orders - 1230 GMT
• Germany's Ifo Current Assessment - 0800 GMT