Analyse
Retail Sales Slowdown and Political Risks Impacting USD and EUR Markets
Yesterday, the US stock market hit a new record high, largely thanks to tech giant Nvidia becoming the world's largest company by market cap. This highlights the pivotal role of technology in the US market. However, despite this high point, recent retail sales data suggest that the US economy may be slowing down, with signs that consumers are starting to cut back on spending. (Sourced from LINK).
ACY Securities
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vor 159 Tagen
USDCHF cheers on SNB rate cut
USDCHF rises rapidly after SNB lowers interest rates to 1.25%. Oversold signals favor the bulls; more upside needed for a positive outlook.
XM Group
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vor 159 Tagen
The SNB brought the CHF back to the downside by cutting the rate
Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: The SNB brought the CHF back to the downside by cutting the rate
FxPro
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vor 159 Tagen
Ethereum & Solana get support
Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Ethereum & Solana get support
FxPro
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vor 159 Tagen
EBC Daily Snapshot Jun 20, 2024
The dollar rose as Fed Governor Adriana Kugler sees policy as "sufficiently restrictive" to control inflation without major job market harm.
EBC Financial Group
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vor 159 Tagen
The pound froze ahead of the Bank of England meeting
The GBP/USD pair is balancing around 1.2709 on Thursday, after the British pound rose in price against the US dollar for three consecutive days and finally paused.
RoboForex
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vor 159 Tagen
Fedspeak and US data could prop up the dollar
Back in action with a full US data calendar and Fedspeak. BoE meets but unlikely to produce headlines. SNB cuts rates and remains willing to intervene in FX markets. Yen underperforms as Japanese officials remain quiet
XM Group
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vor 159 Tagen
EBC Markets Briefing | Oil prices pull back as China data disappoint
Oil prices dipped Wednesday from seven-week highs as demand optimism and conflict concerns offset a rise in US crude inventories.
EBC Financial Group
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vor 159 Tagen
Focus on Today’s BoE Interest Rate Decision
Attention now turns to the Pound Sterling as the Bank of England’s (BoE) interest rate decision is due later today.
PU Prime
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vor 159 Tagen
Daily Global Market Update
Financial markets mostly flat. Euro near lows on French political concerns. Dollar struggles for direction. Canada stocks down, UK inflation meets target. Key economic data today includes US housing starts, jobless claims and Eurozone consumer confidence.
Moneta Markets
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vor 159 Tagen
The New Zealand dollar faces growth challenges
The NZD/USD pair declined to 0.6135 on Wednesday, despite the New Zealand dollar performing much better in the previous session. It rose in response to the fall of the US dollar, which was triggered by weaker-than-expected US retail sales data.
RoboForex
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vor 160 Tagen
Macron's Assumptions and Strategic Decisions Regarding RN Support in National Vote
President Emmanuel Macron's recent decisions have ignited debates about their potential consequences, especially regarding the support for the Rassemblement National (RN) party in upcoming elections.
ACY Securities
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vor 160 Tagen
RBA's Hawkish Stance and Its Impact on the Australian Dollar
The recent meeting of the Reserve Bank of Australia (RBA) highlighted its firm stance among G10 central banks, signaling its cautious but vigilant approach to monetary policy. Following the meeting, the Australian dollar saw a slight increase, with the AUD/USD and AUD/NZD exchange rates reaching intra-day highs of 0.6632 and 1.0834, respectively.
ACY Securities
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vor 160 Tagen
ECB Comments on French Bond Market Dynamics Amid Election-Driven Volatility
At the start of this week, the euro has managed to stay stable, hovering just above the 1.0700 mark against the US dollar. This comes after it dipped to 1.0668 late last week.
ACY Securities
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vor 160 Tagen
Soft US Retail Sales Pull Dollar, Bond Yields Lower
Softer-than-expected US Retail Sales pulled the US 10-year bond yield down to 4.22% (4.27%). A good US Treasury auction result lifted bond prices, pushing yields lower.
ACY Securities
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vor 160 Tagen
EBC Daily Snapshot Jun 19, 2024
The dollar rose on weak retail sales data, hinting at Fed rate cuts; sterling climbed as UK inflation hit 2% for the first time in nearly 3 years.
EBC Financial Group
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vor 160 Tagen
Wall Street sets another record after soft US retail sales
Risk appetite buoyed by signs of weakening US consumption. Wall Street closes at record highs ahead of US holiday, oil also rallies. Pound edges up as services CPI remains sticky despite drop in headline.
XM Group
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vor 160 Tagen
EBC Markets Briefing | Euro may fall further against Swiss franc amid fear
On Wednesday, EU political turmoil pushed the euro near mid-February lows against the Swiss franc, boosting safe-haven appeal.
EBC Financial Group
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vor 160 Tagen
Daily Global Market Update
Bitcoin and Apple stocks fell while the US dollar weakened. AUD rose and gold saw a small gain. Oil prices climbed due to global tensions. Upcoming economic data releases include US housing market data, UK inflation numbers, and Japan's foreign investments.
Moneta Markets
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vor 160 Tagen
USD Outlook Amidst Evolving Economic Indicators
The US dollar has been retreating from its April highs over the last few months. This follows the release of several sets of economic data, including some that indicate moderation in labour market conditions, inflation rates, and consumer spending. Despite these cooling signs, I would still look for the USD to remain well within the current range on a trade-weighted basis. As such, my year-end est
ACY Securities
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vor 161 Tagen