Daily Global Market Update

The GBP/USD pair fell 0.4% after a 3.3% dip, with oversold signals. BTC/USD dropped 1.9%, continuing bearish momentum. US Crude Oil gained 0.9%, but signals a potential downturn. AUD/USD fell 0.2%, with oversold indicators hinting at a reversal. Hackers stole $3 billion in crypto, the US dollar strengthened, and gold surged.

Moneta Markets | 10h 23min atrás

Pound's Recent Decline

The GBP/USD pair fell by 0.4% in the last trading session. The Williams Percent Range indicator signals that the market is currently oversold after a significant dip of 3.3% in the prior session.

Bitcoin's Decline

The BTC/USD pair declined by 1.9% in the last session. The Stochastic RSI indicates that the market is currently oversold, reflecting a continuation of bearish momentum.

Oil's Modest Gains

The US Crude Oil pair rose by 0.9% during the last trading session, having gained as much as 1.3% intraday. The Stochastic indicator currently signals a potential downturn.

Aussie's Downward Correction

The AUD/USD pair corrected downward, falling by 0.2% in the last session. The Commodity Channel Index (CCI) suggests the market is oversold, indicating a possible reversal in trend.

Global Financial Headlines

Hackers stole over $3 billion in cryptocurrency in 2024, marking a 15% increase from 2023. The US dollar strengthened for a third session as treasury yields remained elevated amidst concerns over tariffs from the incoming Trump Administration. Meanwhile, gold prices surged to a near four-week high due to Safe Haven demand.

Upcoming Economic Highlights

Key events to monitor include:

• Japan's Coincident Index - 0500 GMT

• US USDA WDE Report - 1700 GMT

• Italy's Retail Sales - 0900 GMT

• Finland's Industrial Output - 0600 GMT

• Japan's CFTC JPY NC Net Positions - 2030 GMT

• US Baker Hughes Oil Rig Count - 1800 GMT

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

All Eye on NFP Today

The dollar index remains elevated in recent highs as markets await the highly anticipated U.S. Nonfarm Payrolls (NFP) data today.

PU Prime | 10h 12min atrás

Daily Global Market Update

Bitcoin plunged 5.3%, with the Stochastic RSI signaling bearishness. NIO stock dropped 2%, and the Ultimate Oscillator suggests a negative trend. AUD/USD remains unchanged, but the CCI signals overbought conditions. Gold rose 0.4%, with the MACD indicating a positive outlook. Oil prices surged due to supply concerns, while the dollar strengthened against the Yen amid robust economic data.

Moneta Markets | 2 dias atrás

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 | 2 dias atrás

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 | 3 dias atrás

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 | 3 dias atrás

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 | 4 dias atrás

ATFX Market Outlook 3rd January 2025

The dollar is set for its best weekly performance in over a month, reaching a two-year high of 109.54 against other currencies due to expectations of fewer Federal Reserve rate cuts and a strong U.S. economy. Initial jobless claims dropped to an eight-month low, indicating a resilient labour market.

ATFX | 5 dias atrás

Dollar Strong on Resilient Job Data

The U.S. dollar extended its rally, with the Dollar Index (DXY) surging to 109.00 for the first time since November 2022 following upbeat economic data.

PU Prime | 7 dias atrás

EURUSD	1.0231	GBPUSD	1.21989	AUDUSD	0.61427
USDJPY	157.614	USDCAD	1.44387	USDCHF	0.91748