Daily Global Market Update

The GBP/USD moved sideways, Bitcoin dropped 1%, and oil dipped slightly despite a positive MACD. AUD/USD fell 0.6% in an overbought market. Global trends show reduced Bitcoin inflows, lower US business activity, and a minor oil price rebound. Key economic data releases are expected today.

Moneta Markets | vor 55 Tagen

GBP/USD Pair's Sideways Movement

The GBP/USD pair traded sideways in the last session. The ROC is giving a negative signal, aligning with our overall technical analysis.

Bitcoin's Sharp Decline

The Bitcoin-dollar pair plummeted 1% in the last session. The Stochastic indicator is giving a negative signal.

Oil's Minor Dip

The oil-dollar pair saw a minor dip of 0.2% in the last session. The MACD is giving a positive signal, contrary to the overall price movement.

AUD/USD Pair's Decline

The last session saw the Aussie drop 0.6% against the dollar. According to the Stochastic RSI, we are in an overbought market.

Global Financial Headlines

Despite transfers from the Mt. Gox bankruptcy estate and worries of a US Government sell-off, Bitcoin exchange inflows have dropped significantly since early August. After a strong start to the month, US business activity fell to a 4-month low in August, and firms continued to struggle to pass on higher prices to customers, bolstering the likelihood that inflation will stay on a downward trend over the coming months. Oil prices settled up more than 1% as expectations for a US interest rate cut in a few weeks fuelled a rebound after 4 days of price declines. Brent crude futures settled up 1.54%.

Upcoming Economic Highlights

Here's a brief rundown of today's anticipated economic releases:

• US New Home Sales - 1400 GMT

• US Baker Hughes US Oil Rig Count - 1700 GMT

• French Business Climate in Manufacturing - 0645 GMT

• Japan's CFTC JPY NC Net Positions - 1930 GMT

• UK CFTC GBP NC Net Positions - 1930 GMT

• Canada's Retail Sales - 1230 GMT

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

AUD/USD Rises Following Strong Australian Employment Data

AUD/USD rebounded on Thursday after three consecutive days of declines. This was supported by robust employment data from Australia, which bolstered the hawkish outlook on the Reserve Bank of Australia's (RBA) monetary policy.

RoboForex | vor 14Std 44 Minuten

Dow Jones Set New High on Earnings Optimism

The Dow Jones continues its upward momentum, reaching a new all-time high as the market enters the 3rd quarter earnings season. Strong performances from mega-cap banks

PU Prime | vor 18Std 9 Minuten

Pound Suppressed by Weak Inflation

Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Pound Suppressed by Weak Inflation

FxPro | vor 1 Tagen

Daily Global Market Update

Bitcoin and gold prices have risen. Nike shares have gained, while the Australian dollar has slightly dipped. The US dollar has strengthened against major currencies. Key economic events include the UK's Core CPI, Japan's exports, US export prices, Italy's CPI, and Germany's 30-year bond auction.

Moneta Markets | vor 1 Tagen

GBP Market Update Insights on Recent Movements and Key Influences

The British pound (GBP) has seen a mild pullback in October, following a period of robust appreciation throughout the summer months. Despite the recent retreat, the pound remains resilient, having shown significant strength against major currencies such as the US dollar (USD) and the euro (EUR) over the course of the year.

ACY Securities | vor 1 Tagen

Fall in Unemployment Supports Pound, But Concerns Grow

EURUSD	1.08279	GBPUSD	1.30118	AUDUSD	0.66986
USDJPY	150.167	USDCAD	1.37963	USDCHF	0.86611