Daily Global Market Update

The EUR/USD declined 0.3% despite positive MACD signals, while USD/JPY rose 0.1% but remains overbought. Gold gained 0.5%, supported by positive ROC signals, and Tesla dropped 2.7% with negative trends. UK bond yields hit 2008 highs, and Asian dollar bond issuance may grow 20% in 2025. Key economic data from Germany, Japan, and Australia is due.

Moneta Markets | 13h 45min ago

Euro's Decline in the Market

The EUR/USD pair fell by 0.3% in the last session. The MACD is signalling a positive trend.

Dollar-Yen Pair's Minor Correction

The USD/JPY pair saw a minor upward correction, rising by 0.1% in the last session. The Williams Percent Range indicator signals an overbought market.

Gold's Positive Session

The GOLD/USD pair gained 0.5% in the last session, briefly rising as much as 1%. The ROC (Rate of Change) indicator is showing a positive signal.

Tesla's Decline

Tesla's stock fell by 2.7% in the last session. The Ultimate Oscillator indicates a negative trend.

Global Financial Headlines

British government bond yields have surged, pushing 10-year yields to their highest levels since August 2008. In a separate development, Asian dollar bond issuance is expected to grow by 20% in 2025 due to favourable interest rate conditions.

Upcoming Economic Highlights

Key events to monitor include:

• Germany's Exports and Imports - 7:00 GMT

• Japan's Overall Household Spending - 23:30 GMT

• Japan's Foreign Reserves - 23:50 GMT

• Australia's Exports and Imports - 3:30 GMT

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

The Yen Nears a Six-Month Low, Affected by the Strong US Dollar

The USD/JPY pair remained near the 158.00 mark on Thursday, consolidating at levels last seen in mid-2024. Although the pair is no longer surging as it did earlier in the year, the fundamental preconditions for further growth persist.

RoboForex | 7h 47min ago

Midweek Technical Analysis – USDJPY, EURUSD, USDCAD

EURUSD looks fragile below 1.0400 as FOMC minutes are awaited. Will the US jobs data boost the uptrend in USDJPY? Canadian employment figures to test the USDCAD rally.

XM Group | 10h 20min ago

Dollar Strengthen on Strong Economic Performance

The U.S. 10-year Treasury yield continued its ascent, reaching a high of 4.65%—its strongest level since last April—and is expected to approach 5% as markets brace for Donald Trump's inauguration this month. This has provided support for the dollar, which rebounded from its recent bearish trend.

PU Prime | 1 day ago

Daily Global Market Update

Gold dipped slightly against the dollar, while the Euro and Pound gained. Bitcoin surged. Wall Street rallied on AI optimism and potential tariff easing. MicroStrategy added to its Bitcoin holdings. Key economic events include bond auctions, unemployment data, and retail sales figures.

Moneta Markets | 2 days ago

Canadian Dollar Calm After Prime Minister Step-Down

Canadian Prime Minister Justin Trudeau announced his resignation after nine years in office, leaving the Canadian dollar relatively steady as markets look forward to new leadership.

PU Prime | 2 days ago

ATFX Market Outlook 6th January 2025

Some Federal Reserve officials suggested that the Fed may need to maintain a restrictive policy longer due to inflation risks. Despite this, U.S. stocks rebounded on Friday, with the S&P 500 ending its longest losing streak since April last year, marking its largest single-day gain since Trump's victory.

ATFX | 3 days ago

Dollar Strengthens, Euro Faces Further Downside

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the EURUSD for JAN 3, 2025.

Ultima Markets | 3 days ago

Daily Global Market Update

Oil surged 1.1%, overbought on CCI. Aussie gained 0.1%, positive Stochastic. Euro climbed 0.4%, positive Williams %R. Yen dipped 0.1%, overbought on Williams %R, negative signal. US stocks rebounded on rate cut hopes and Foxconn revenue surge. Key events: Dutch Retail Sales, German CPI, UK CFTC GBP positions, Japan Services PMI, US Bill Auction.

Moneta Markets | 3 days ago

EURUSD	1.0299	GBPUSD	1.23088	AUDUSD	0.61978
USDJPY	158.112	USDCAD	1.43908	USDCHF	0.91252