EBC Daily Snapshot Jun 6, 2024

On Thursday, the dollar weakened as markets bet on a Fed easing cycle this year. Nearly 50 bps rate cuts are anticipated, starting in September.
EBC Financial Group | 170 days ago
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Regulation: FCA (UK), ASIC (Australia), CIMA (Cayman Islands)
Tags: Analysis
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Daily Global Market Update

Daily Global Market Update

Bitcoin faces a bearish trend, while Alibaba Bar stock shows potential for upward movement. The Aussie Dollar is correcting downwards but may recover, and Gold is on an upward trajectory. Global markets are influenced by geopolitical tensions and economic indicators. Key economic events this week include Japanese and European data releases.
Moneta Markets | 4h 20min ago
All Eye on Today’s PCE

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 | 4h 43min ago
NZD/USD Hits Yearly Low Amid US Dollar Strength

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 | 1 day ago
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