Analyse

Japanese Yen Eases on BoJ Dovish Statement

Japanese Yen Eases on BoJ Dovish Statement

The Japanese Yen eased on Wednesday morning after the BoJ Deputy Governor indicated that the Japanese central bank would not raise interest rates if global markets remained unstable. This statement has calmed the market and unwound concerns about Yen carry trades. Meanwhile, the dollar has regained strength, with the dollar index (DXY) climbing above the $103 mark.
PU Prime | il y a 110
Daily Global Market Update

Daily Global Market Update

Bitcoin rallied 4.2% with positive Williams indicator, while Tesla traded sideways with negative RSI. AUD/USD stagnated despite positive CCI, and gold fell 0.6% with positive stochastic. Dollar strengthened, impacting gold and cryptocurrencies, with a $510 billion market cap drop. Economic releases today include Japan's coincident index, US mortgage applications, and data from Germany and UK.
Moneta Markets | il y a 110
 Forex Market Report - 7th August 2024

Forex Market Report - 7th August 2024

Our forex market report offers an overview of critical economic and financial events that impact the global forex markets. Traders should closely monitor developments to fine-tune their trading strategies accordingly.
DNA Markets | il y a 110
Markets breathe easier but will it last?

Markets breathe easier but will it last?

Slightly more positive tone in equity markets today. Fear of recession fuels Fed rate cut expectations. Light calendar today, focus on data during Asian session. RBA remains hawkish, considers rate hike
XM Group | il y a 111
Bitcoin's bear rally?

Bitcoin's bear rally?

Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Bitcoin's bear rally?
FxPro | il y a 111
NZD/USD Sees Recovery After Hitting Nine-Month Low

NZD/USD Sees Recovery After Hitting Nine-Month Low

The NZD/USD pair has shown signs of recovery, reaching 0.5941 after initially plunging to a nine-month low. This downturn was triggered by concerns over a potential US recession, driven by weak job sector data, which rattled global financial markets.
RoboForex | il y a 111
Wall Street Dip With Looming U.S. Recession

Wall Street Dip With Looming U.S. Recession

The financial markets, especially the equity sector, continue to be shattered by recession fears. The U.S. equity fear index, VIX, spiked to 65.70—the highest level since the pandemic in 2020
PU Prime | il y a 111
Daily Global Market Update

Daily Global Market Update

Gold, Euro, and Pound mixed; Bitcoin plunged. Global markets fell on recession fears, impacting US stocks and Apple. Man Group invested in Bitcoin ETFs. Lucid got a $1.5B cash boost. Economic data and central bank decisions due.
Moneta Markets | il y a 111
US Dollar Outlook for August 2024

US Dollar Outlook for August 2024

In July, the US dollar faced a downturn against major global currencies. It slipped from 1.0717 to 1.0820 against the euro and tumbled from 160.84 to 150.46 against the yen. The Federal Open Market Committee (FOMC) maintained the federal funds rate steady at 5.25% to 5.50% during its July meeting.
ACY Securities | il y a 111
Rapid Yen Appreciation: Key Factors Boosting JPY

Rapid Yen Appreciation: Key Factors Boosting JPY

The Japanese yen continues its recovery rally. The USDJPY pair falls to 143.38 on Monday. This development is likely only the midpoint of the process as the market regains past losses and brings the JPY to equilibrium. USDJPY is currently at its lowest level since 3 January.
RoboForex | il y a 112