Análisis

USDCAD marks bullish wave in short-term 

USDCAD marks bullish wave in short-term 

USDCAD has been rising since the end of 2023 after the bounce off the 1.3175 support level and is currently reaching the short-term 20-day simple moving average (SMA) near 1.3373, but is still developing beneath the descending trend line.
XM Group | hace 293
Daily Global Market Update

Daily Global Market Update

Euro's minor correction; Dollar-Yen pair gains 0.7%; Gold declines by 0.8%; Microsoft stock up 0.4% with a caution signal; Global markets affected by US dollar rise and mixed European performances. Key economic events ahead: US ADP Employment Change, Initial Jobless Claims, Germany's CPI, Spain's bond auction, Japan's PMI, and Monetary Base.
Moneta Markets | hace 294
Investors lock gaze on Fed minutes

Investors lock gaze on Fed minutes

Dollar rallies on the first trading day of 2024 - Fed minutes enter the spotlight, ISM mfg PMI also on tap - Wall Street slides, dragged by big tech firms - Oil erases gains on deteriorating risk sentiment
XM Group | hace 295
What Will the Key Market Drivers Be In 2024?

What Will the Key Market Drivers Be In 2024?

Welcome to the era of increased economic tensions, rising inflation, heightened sovereign debt, and elevated interest rates—where peace takes a back seat to financial challenges. This is the new normal we find ourselves in. The momentum toward de-globalization, set in motion immediately after the pandemic, has been confirmed in 2023.
ACY Securities | hace 295
Daily Global Market Update

Daily Global Market Update

Bitcoin up 2.3%, Amazon shares down 1%, Australian dollar drops 0.6%, gold retracts 0.2%. Global headlines: Gold starts well in 2024, Binance burns 5.57B Luna tokens. Economic events include U.S ISM Manufacturing PMI, Spain's Unemployment Change, Germany's Unemployment Rate, and Japan's foreign investments.
Moneta Markets | hace 295
Dollar Gains As the U.S. Treasury Plunges

Dollar Gains As the U.S. Treasury Plunges

The global bond market experienced selling pressure as traders scaled back expectations of interest rate cuts from major central banks, including the Federal Reserve. The U.S. Treasury saw a drop, causing the treasury yield to rise by nearly 2% yesterday. This surge in yields bolstered the strength of the U.S. dollar, with the dollar index currently trading above the $102 trajectory.
PU Prime | hace 295
GBPUSD begins 2024 in a muted tone

GBPUSD begins 2024 in a muted tone

GBPUSD pares some gains after posting a 4-month peak - But remains within its upward sloping channel - Positive bias holds as momentum indicators are skewed to the upside
XM Group | hace 296
Sterling broadly flat ahead of UK manufacturing PMI

Sterling broadly flat ahead of UK manufacturing PMI

Asia-Pacific markets dip on weak Chinese PMI. S&P Global manufacturing PMI signals contraction. UK's manufacturing PMI falls, but services improve. Eurozone M3 money supply stays negative. US manufacturing PMI and construction spending data awaited. Currency markets stable, US 10-year Treasury yields rise, oil prices firm at $78.30.
Moneta Markets | hace 296