Daily Global Market Update

Euro gains against the dollar; technicals support. USD/JPY trades sideways with contradicting signals. Gold rises, but Stochastic RSI indicates overbought market. Nike shares drop with negative ROC. Dollar index holds near 4-month high; Japan's economy recovers. Gold prices surge amid inflation concerns. Key economic events include US jobless claims and Eurozone's PPI release.

Moneta Markets | Před 239 dny

EUR/USD Pair's Gain

The Euro gained 0.6% against the dollar in the last session. The MACD is giving a negative signal, aligning with our overall technical analysis.

USD/JPY Pair's Sideways Movement

The dollar-yen pair traded sideways in the last session. The Ultimate Oscillator's negative signal contradicts our overall technical analysis.

Gold's Rise Against the Dollar

Gold rose by 0.8% against the dollar in the last trading session. According to the Stochastic RSI, we are in an overbought market.

Nike Shares' Drop

Nike shares dropped by 0.9% in the last session. The ROC is giving a negative signal.

Global Financial Headlines

The dollar index held near its highest level in over 4 months, pinning the yen close to its lowest in decades. Japan's economic output recovered to full capacity for the first time in about 4 years in the October to December quarter, a positive sign that may allow the central bank to raise interest rates again. Gold prices extended a record run as concerns of inflationary pressures boosted demand for bullion as a hedge, with traders shrugging off doubts over an imminent US interest rate cut and rising treasury yields. Gold has gained more than 10% so far this year.

Upcoming Economic Highlights

Here's a brief rundown of today's most important economic events:

• US Continuing Jobless Claims - 12:30 GMT

• US Initial Jobless Claims - 12:30 GMT

• Eurozone's Producer Price Index - 09:00 GMT

• Japan's Overall Household Spending - 23:30 GMT

• Japan's JP Foreign Reserves - 23:50 GMT

• UK's 10-Year Bond Auction - 09:30 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 2 h 50 min

Japanese Yen Climbs to Five-Week High Due to USD Weakness

The USD/JPY pair has dropped to 151.56, marking a five-week high for the yen. Market speculations fuel the currency's strength that the Bank of Japan (BoJ) might consider an interest rate hike as soon as December.

RoboForex | Před 23 h 41 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 1 dnem

EURUSD	1.05679	GBPUSD	1.27041	AUDUSD	0.65088
USDJPY	150.09	USDCAD	1.40028	USDCHF	0.8804