Daily Global Market Update

The oil dollar pair rose slightly despite an oversold market. The Australian dollar gained with positive MACD signals. The Euro strengthened but is overbought. The dollar-yen pair remained stable with a positive Ultimate Oscillator. Gold prices surged due to a weaker dollar, trade uncertainty, and rate cut expectations.
Moneta Markets | 20h 8min ago
Stocktwits

Oil Dollar Pair's Gains

The oil dollar pair rose by 0.4% in the last session. The Commodity Channel Index (CCI) suggests that the market is currently oversold.

 

 

Aussie's Positive Signal

The Australian dollar gained 0.3% against the US dollar in the last session. The MACD indicator is giving a positive signal.

 

 

Euro Overbought

The Euro gained 0.7% against the US dollar in the last trading session. The Williams Percent Range indicator indicates an overbought market.

 

 

Dollar-Yen Stability

The dollar-yen pair remained largely unchanged in the last session. The Ultimate Oscillator is providing a positive signal.

 

 

Global Financial Updates

Gold prices surged by over 1% on Friday, nearing their all-time high from October, driven by a weakening US dollar, tariff uncertainties, and rate cut expectations. Wall Street banks are preparing to sell up to $3 billion in debt holdings for INX, Elon Musk's social media platform. Investors are also anticipating the Federal Reserve’s first meeting of 2025, where further rate cuts may shape market trends.

 

Upcoming Economic Highlights

Keep an eye on these key economic events:

• US 6-Month Bill Auction - 1630 GMT

• US Chicago Fed National Activity Index - 1330 GMT

• Finland’s Consumer Confidence - 6 GMT

• Finland’s Industrial Confidence - 6 GMT

• Japan’s Leading Economic Index - 5 GMT

• Japan’s Coincident Index - 5 GMT

Regulation: FSA (Seychelles), FSCA (South Africa)
Tags: Analysis
Stocktwits
read more
USDJPY, EURUSD, USDCAD

USDJPY, EURUSD, USDCAD

Fed interest rate to remain on hold with USDJPY consolidating; ECB and BoC to cut rates at the first meeting of the year; EURUSD, USDCAD hold near critical levels
XM Group | 13h 31min ago
ATFX Market Outlook 24th January 2025

ATFX Market Outlook 24th January 2025

US Initial claims increased slightly, but the labor market remains solid. The S&P 500 reached a record high, with the Dow up 0.92%, the S&P 500 rising 0.53%, and the Nasdaq gaining 0.22%. 
ATFX | 1 day ago
Tools
Economic Calendar
Market Hours
Interest Rates
Holidays Calendar
Forex Market
Forex Volatility
Forex Correlation
Forex News
forex analysis
COT Data
Liquidity
Forex Calculators
Forex Heat Map
Indicators Heatmap
Community
Community
Systems
Most Popular Systems
Strategies
Contests
Forex Charts
Forex Sentiment
Sentiment Indicator
Reviews
Brokers
Prop Trading Firms
VPS Services
Signal Providers
EA Programming Services
Affiliate Programs
PAMM Broker Services
Rebate Program Services
Trading Platforms
Expert Advisors
Crypto Exchanges
Trading Courses
Brokers
Forex Spreads
Forex Broker Quotes
Forex Broker Swaps
Forex Broker Volume
Forex Broker Promotions Broker News
Platform
Widgets
Features
API
RSS
Stock Portfolio
Affiliate Software
Advanced Charts
Support
FAQ
Help
Contact Us
Report a Bug!
About
Blog
© 2025 Myfxbook Ltd. All Rights Reserved.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.