EBC Daily Snapshot Jun 13, 2024
Major currencies held gains as a weaker dollar followed softer-than-expected US inflation. Markets still expect two 25 bps cuts this year.
EBC Financial Group
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163 days ago
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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
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32 minutes ago
Dollar rebounds, loonie tumbles on Trump tariff threats
Trump vows tariffs on Canada, Mexico and China - Dollar gains, loonie tumbles the most among majors - RBNZ expected to deliver another bold rate cut - Gold and oil fall on Israel-Hezbollah ceasefire headlines
XM Group
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20h 5min ago
Crypto market deepens correction
Expert market comment made by Chief Market Analyst Alex Kuptsikevich of the FxPro Analyst Team: Crypto market deepens correction
FxPro
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20h 52min ago
EBC Markets Briefing | Bullion unchanged after Trump tariff vow
Gold prices held steady after Trump’s tariff announcement, dropping over 3% the previous day as Israel neared a ceasefire.
EBC Financial Group
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21h 40min ago
NZD/USD Hits Yearly Low Amid US Dollar Strength
The NZD/USD pair has experienced a significant decline, touching a low of 0.5841 and reaching a yearly trough of 0.5796. The primary pressure comes from a robust US dollar, bolstered by anticipations of a more stringent tariff regime under US President-elect Donald Trump.
RoboForex
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22h 22min 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
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23h 44min 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
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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
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1 day ago
