Daily Global Market Update

EUR/USD stagnated with a negative MACD, while USD/JPY rose 0.1% with a positive RSI. Gold fell 0.3% with a negative Stochastic, and Volkswagen gained 0.1% with a positive MACD. Oil rose on falling US crude inventories, limited by the Fed's 25 bp rate cut to 4.25%-4.5%.

Moneta Markets | Před 3 dny

Euro's Market Stagnation

The EUR/USD pair remained largely unchanged in the last trading session. The MACD is currently indicating a negative signal.

Dollar-Yen's Upward Correction

The USD/JPY pair saw a slight rise of 0.1% in the last session. The RSI is giving a positive signal.

Gold's Decline Continues

The GOLD/USD pair dropped by 0.3% in the last session. The Stochastic indicator is signalling a negative trend.

Volkswagen's Minor Gain

Volkswagen shares saw a modest rise of 0.1% in the last session. The MACD is giving a positive signal.

Global Financial Headlines

Oil prices rose as US crude inventories fell, but gains were limited after the Federal Reserve cut interest rates while signalling a slower pace of future reductions. The Fed's 25 basis-point cut set rates between 4.25% and 4.5%. Meanwhile, US stocks erased gains following the announcement, reflecting cautious market sentiment.

Upcoming Economic Highlights

Key economic events to monitor include:

• Japan's Labour Cash Earnings – 2330 GMT

• US Red Book Index – 1355 GMT

• UK's BRC Retail Sales – 0001 GMT

• Japan's Overall Household Spending – 2330 GMT

• Eurozone's Unemployment Rate – 1000 GMT

• Germany's Industrial Production – 0700 GMT

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

Dollar Bolsters by Upbeat U.S. Economic Indicators

Following the hawkish remarks from the Fed on Wednesday after the interest rate decision, the upbeat U.S. economic indicators released yesterday have further boosted the U.S. dollar, driving it to a two-year high.

PU Prime | Před 2 dny

ATFX Market Outlook 19th December 2024

The U.S. central bank lowered interest rates on Wednesday, as expected. Federal Reserve Chair Jerome Powell indicated that further cuts would depend on progress in reducing high inflation. His remarks suggest policymakers are considering potential economic changes under the Trump administration.

ATFX | Před 2 dny

Dollar Jumps on Fed’s Hawkish Remark

The FOMC interest rate decision yesterday triggered significant market volatility, with all eyes on the Federal Reserve's hawkish stance.

PU Prime | Před 3 dny

Why the USD is Soaring While the JPY Falters

The US Dollar, has proven to be a steadfast performer, maintaining its dominance in the global currency markets. As the Federal Reserve prepares for its final policy decision of the year, the USD has been trading near a critical resistance level of 107.00 on the dollar index.

ACY Securities | Před 3 dny

Global Currency Trends: What They Reveal About the World Economy

The EUR, one of the most traded currencies globally, has hit a rough patch EUR is now facing its largest short position in five years, a clear sign that investor sentiment is wavering. But why is this happening?

ACY Securities | Před 3 dny

ATFX Market Outlook 18th December 2024

U.S. retail sales data exceeded expectations, indicating economic and consumption strength. Next, markets prepared for the Federal Reserve's interest rate decisions. On Tuesday, U.S. stocks fell, with the Dow Jones down for the ninth straight session. The S&P 500 and Nasdaq declined by 0.39% and 0.3%, respectively.

ATFX | Před 3 dny

USDJPY rally pauses ahead of key events

USDJPY is trading sideways as the yen shows some signs of life; Market participants are preparing for central bank meetings; Momentum indicators are mostly bullish at this stage

XM Group | Před 4 dny

EUR/USD Holds Steady Ahead of Crucial Federal Reserve Meeting

The EUR/USD pair is trading neutrally around 1.0510 as market participants adopt a cautious stance ahead of the Federal Reserve's upcoming decision on interest rates.

RoboForex | Před 4 dny

EURUSD	1.04314	GBPUSD	1.25751	AUDUSD	0.6255
USDJPY	156.321	USDCAD	1.43677	USDCHF	0.89303