Daily Global Market Update

EUR/USD down, Stochastic RSI signals decline. Gold sideways, overbought. GBP/USD -0.3%, conflicts with analysis. Bitcoin +5%, positive Stochastic RSI. S&P 500, NASDAQ slight declines, awaiting data. UK's FCA approves crypto ETNs. Reddit targets $6.4B IPO. Economic highlights: US CPI, budget, Germany's HICP, Eurozone ECOFIN, UK labor.

Moneta Markets | Před 262 dny

Euro Dollar Pair's Minor Correction

The EUR/USD pair experienced a slight decline of 0.1% in the last session. The Stochastic RSI indicates a negative signal, suggesting downward pressure may continue.

Gold-Dollar Pair Trades Sideways

The gold-dollar pair remained mostly unchanged in the last session. The Williams %R indicator signals an overbought market, hinting at potential shifts.

Pound Experiences Decline Against Dollar

The GBP/USD pair fell by 0.3% in the last session. Despite the Stochastic RSI's negative signal, this contradicts our overall technical analysis.

Bitcoin's Remarkable Surge

The Bitcoin-dollar pair saw a significant increase, soaring by 5% in the last session. The Stochastic RSI's positive signal aligns with the bullish momentum.

Global Financial Headlines

The S&P 500 and NASDAQ showed slight declines as investors await consumer and producer price data, hoping it will shed light on the Federal Reserve's interest rate decisions. The UK's Financial Conduct Authority approved the launch of crypto-backed exchange-traded notes for professional investors. Meanwhile, Reddit targets a valuation of up to $6.4 billion in its forthcoming US IPO, marking one of the most anticipated market debuts recently.

Upcoming Economic Highlights

Today's major economic releases include:

• US Consumer Price Index - 12:30 GMT

• US Monthly Budget Statement - 18:00 GMT

• Germany's Harmonized Index of Consumer Prices - 07:00 GMT

• Eurozone's ECOFIN Meeting - 07:00 GMT

• UK's ILO Unemployment Rate - 07:00 GMT

• UK's Employment Change - 07:00 GMT

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

Japanese Yen Strong on Heighten Likelihood of BoJ Rate Hike

The Japanese yen strengthened further following an upbeat Tokyo CPI reading above 2%, reinforcing expectations of a potential BoJ rate hike. USD/JPY fell below the 150 level as market sentiment shifted. Meanwhile, the dollar remained subdued after Wednesday’s PCE report, with the Dollar Index retreating from the 106 mark, reflecting expectations of steady Fed policy.

PU Prime | Před 15 h 8 min

Daily Global Market Update

GBP/USD sideways, bullish CCI. Bitcoin -0.7%, bearish Ultimate Oscillator. Oil +0.3%, bearish Stochastic. AUD/USD stable, bullish ROC. Crypto thefts $1.5B in 2023, German inflation steady. Oil prices rise due to Middle East tensions and OPEC+ delays. Key events: Japan Household Spending, US Consumer Confidence, Eurozone GDP, UK Manufacturing PMI, OPEC Meeting Results.

Moneta Markets | Před 16 h 23 min

Daily Global Market Update

The Euro is gaining strength, while the Yen is weakening. Gold is correcting upwards, and Alibaba stock is dipping. The Canadian dollar is recovering, but Wall Street is down. Key economic events include Canadian GDP, US inflation, Eurozone consumer confidence, and UK retail sales.

Moneta Markets | Před 1 dnem

Gold Decline on Easing Geopolitical Tension

The U.S. Personal Consumption Expenditures (PCE) report, released yesterday, met market expectations but failed to deliver any surprises, resulting in continued weakness in the U.S. dollar. Simultaneously, long-term Treasury yields fell to their lowest levels in November.

PU Prime | Před 1 dnem

How Global Economic Shifts Shape November's Trading Opportunities

The U.S. economy continues to chart a path toward a "soft landing," a scenario where inflation cools without triggering a severe recession. Gradual easing in the labour market underscores this trend, with recent jobless claims figures showing minor increases yet remaining well below concerning thresholds. Businesses are largely retaining staff, indicating stable employment conditions.

ACY Securities | Před 1 dnem

How Low Could EUR/USD Go?

In a significant market move, EUR/USD has plunged to levels not seen in over two years, driven by a combination of economic and geopolitical pressures. This sharp decline has been raising questions about the resilience of the eurozone economy and the broader implications for global currency dynamics.

ACY Securities | Před 1 dnem

Navigating the G3 Monetary Landscape December Brings Pivotal Decisions

As December approaches, global financial markets are gearing up for significant developments in the monetary policies of the world’s three major economies—the United States, the Eurozone, and Japan. A mix of rate adjustments, fiscal strategies, and macroeconomic signals is shaping the FX market, with traders and analysts keenly anticipating the outcomes.

ACY Securities | Před 1 dnem

EUR/USD Steady Ahead of Major US Data Releases

EUR/USD remains stable at around 1.0483 as markets digest the implications of the latest FOMC minutes.

RoboForex | Před 2 dny

EURUSD	1.05813	GBPUSD	1.27446	AUDUSD	0.6524
USDJPY	149.627	USDCAD	1.39998	USDCHF	0.88044