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 | hace 267

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

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

Tags: Análisis

Thin liquidity and month-end could keep the dollar under pressure

US markets are in a festive mode, dollar is on the back foot; Thin liquidity could exacerbate market moves today; Loonie craves a strong GDP print; euro CPI could surprise on the downside; Tokyo CPI boosts the yen; the BoJ rate hike gains momentum

XM Group | hace 14h 9min

XRP soars, while Ethereum faces selling pressure

Expert market comment made by Chief Market Analyst Alex Kuptsikevich of the FxPro Analyst Team: XRP soars, while Ethereum faces selling pressure

FxPro | hace 14h 40min

EBC Markets Briefing | Aussie muted against Kiwi amid tariff threat

The Aussie was flat against the Kiwi on Friday as the inflation gap narrowed, with Trump's tariff threats weighing on commodity currencies.

EBC Financial Group | hace 14h 51min

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 | hace 17h 11min