Daily Global Market Update

Euro Dollar rises 0.4%, Dollar falls 0.4% against Yen, Gold gains 0.9%, Google shares drop 1.3%. Global economy shows mixed signals. Key releases: Australia's Trade Balance, Germany's Factory Orders, US Initial Jobless Claims, US Unit Labor Costs, Australia's Imports, Finland's Trade Balance.

Moneta Markets | vor 230 Tagen

Euro Dollar's Positive Movement

The Euro Dollar pair increased by 0.4% in the last session. The Ultimate Oscillator's positive signal aligns with our overall technical analysis.

Dollar's Decline Against the Yen

The Dollar fell by 0.4% against the Yen in the last session. The Stochastic RSI indicates that we are currently in an oversold market.

Gold's Gain Against the Dollar

Gold increased by 0.9% against the dollar in the last trading session. The Stochastic RSI suggests we are in an overbought market.

Google Shares Take a Dip

Google's shares fell by 1.3% in the last session. The MACD is giving a negative signal, in agreement with our technical analysis.

Global Financial Headlines

The US dollar softened slightly as traders awaited the first leg of congressional testimony from Federal Reserve Chair Jerome Powell and the European Central Bank's policy announcement. US economic activity saw an uptick through January and February, though inflation and the jobs market sent mixed signals about the speed at which they will cool. This presents a complex scenario for central bankers as they aim to fully address inflation concerns. European shares remained subdued, anticipating key Eurozone economic data and testimony from Jerome Powell, although positive earnings helped mitigate losses on the index.

Upcoming Economic Highlights

Today's key economic releases include:

• Australia's Trade Balance - 0030 GMT

• Germany's Factory Orders - 0700 GMT

• US Initial Jobless Claims - 1330 GMT

• US Unit Labor Costs - 1330 GMT

• Australia's Imports - 0030 GMT

• Finland's Trade Balance - 0700 GMT

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

Tags: Analyse

EBC Markets Briefing | Silver keeps pace with gold in the fog of war

Gold hovered near an all-time peak on Wednesday, driven by safe-haven demand amid US election uncertainties and rising geopolitical tensions.

EBC Financial Group | vor 3Std 49 Minuten

Crypto market undergoes correction

Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Crypto market undergoes correction

FxPro | vor 4Std 14 Minuten

Dollar, gold and US yields continue to rise

Euro is under pressure again as ECB dovish commentary lingers; Gold makes a new all-time high despite the 10-year US yield rise; US equities trade with low conviction ahead of Tesla earnings; BoC to announce another rate cut, loonie could suffer

XM Group | vor 4Std 54 Minuten

U.S Dollar Jumps on Heightens Treasury Yield

The U.S. dollar has continued to strengthen against major currencies, supported by a sharp rise in long-term Treasury yields, which have reached their highest level since July. The market appears to be pricing in a soft landing by the Federal Reserve, particularly as the U.S. presidential election nears.

PU Prime | vor 7Std 42 Minuten

Daily Global Market Update

Bitcoin and other assets like NIO stock, AUD and gold saw modest gains. Oil prices rose on supply concerns. US dollar strengthened on Fed rate cut expectations and upcoming US elections. Crypto exchanges Binance and Crypto.com are losing market share. Watch out for upcoming economic events like US Fed Beige Book and Eurozone Consumer Confidence.

Moneta Markets | vor 8Std 3 Minuten

USD Rises as Trump’s Re-election Prospects Gain Momentum Ahead of U.S. Election

The U.S. dollar has been on a notable upward trend in the lead-up to the November 5th presidential election, registering its third consecutive week of gains.

ACY Securities | vor 8Std 18 Minuten

US Dollar Gains Amid Higher Yields and Political Uncertainty

The U.S. dollar has recently surged to new highs, buoyed by a breakout in the dollar index, which surpassed a critical technical resistance level near 103.80. This rally has been largely driven by increasing U.S. Treasury yields, particularly the 10-year yield, which has climbed past its 200-day moving average and is now hovering just below 4.2%.

ACY Securities | vor 8Std 18 Minuten

EBC Markets Briefing | Asian funds feel unsettled for the rest of 2024

A Bank of America survey found global investor sentiment at its most optimistic since June 2022, driven by rate cuts and China's stimulus plan.

EBC Financial Group | vor 1 Tagen

EURUSD	1.07792	GBPUSD	1.29581	AUDUSD	0.66409
USDJPY	152.979	USDCAD	1.38349	USDCHF	0.86728