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Forex Market Report - 5th July 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 | 144 दिनों पहले

All Eye on Today’s NFP

The UK general election 2024 was held on Thursday, and while the results are yet to be finalized, the Labour Party is poised to win a majority, ending the Conservatives' 14-year rule. The UK's equity market index, FTSE 100, edged higher in the last session, while the Pound Sterling remained steady.

PU Prime | 144 दिनों पहले

Daily Global Market Update

Major currencies showed mixed performance. The pound and Aussie dollar gained slightly, while Bitcoin fell sharply. Oil prices rose but may be overbought. Economic data from US, Germany, Italy, and Japan coming up today. Tron's Justin Sun eyes German Bitcoin holdings, and South African rand strengthens.

Moneta Markets | 144 दिनों पहले

EBC Daily Snapshot Jul 4, 2024

Thursday saw the dollar weaken after ADP reported fewer job gains in June, aligning with increased initial unemployment claims last week.

EBC Financial Group | 145 दिनों पहले

Dollar skids on ISM services dip, pound steady as UK votes

ISM services PMI points to unexpected contraction in June. Treasury yields and dollar take a dive, but Wall Street rallies. Pound in bullish mode as UK goes to the polls amid broader risk appetite.

XM Group | 145 दिनों पहले

NZD/USD Continues to Climb Amidst USD Weakness

The NZD/USD pair has extended its upward movement into a third session, reaching 0.6106 amid growing weaknesses in the US dollar.

RoboForex | 145 दिनों पहले

EBC Markets Briefing | Gold hit near two-week high on US slowing

Gold prices neared a two-week high on Thursday, boosted by expectations of a Fed interest rate cut in September following labor market easing.

EBC Financial Group | 145 दिनों पहले

Bitcoin is more likely to fall to $51.5K than rise to $65.8K

Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Bitcoin is more likely to fall to $51.5K than rise to $65.8K

FxPro | 145 दिनों पहले

Wall Street Rally Ahead of NFP

Wall Street saw a notable rally with the Nasdaq and S&P 500 reaching all-time highs, while the Dow Jones lagged.

PU Prime | 145 दिनों पहले

Daily Global Market Update

EUR/USD is trending positive, gold price surges against USD, and Alibaba stock rises. Yen falls to a 38-year low, while US stock markets hit record highs. Watch out for upcoming economic releases from Japan, Australia, and Germany.

Moneta Markets | 145 दिनों पहले

EURUSD - Initial Relief Amid Uncertain Election Outcome

At the beginning of this week, the euro saw a modest increase following the first round of the French elections. This resulted in the EUR/USD reaching a high of 1.0776 and the EUR/GBP rising to 0.8500. Investors are optimistic that Marine Le Pen's National Rally (RN) Party might not achieve a parliamentary majority.