Daily Global Market Update

GBP/USD, Bitcoin, and Oil/USD fell; Binance resilient amid regulations; Gold up 5th day on Fed hopes. Economic releases: US Chicago PMI, Baker Hughes Rig Count, Spain CPI, Dutch Retail Sales, Japan, and UK CFTC Net Positions.

Moneta Markets | 300天前

Pound's Decline Against the Dollar

The GBP/USD pair experienced a 0.5% drop in the last session. The Commodity Channel Index (CCI) indicates an overbought market, suggesting a potential pullback.

Bitcoin's Downward Trend

Bitcoin plunged 2.1% against the dollar in the last session. The Moving Average Convergence Divergence (MACD) is giving a negative signal, indicating bearish momentum.

Oil's Sharp Decline

The Oil/USD pair saw a significant drop of 2.6% in the last session. The Relative Strength Index (RSI) is giving a negative signal, pointing to continued bearish pressure.

Australian Dollar's Minor Retreat

The AUD/USD pair dropped 0.3% against the dollar in the last session. The CCI indicates an overbought market, hinting at a potential reversal.

Global Financial Headlines

Crypto exchange Binance's user base grew by 30% in 2023, a sign of resilience amidst regulatory challenges. Oil prices steadied after a sharp fall, with Middle East tensions influencing market sentiment. Gold advanced for the fifth consecutive day, reflecting investor confidence in an anticipated easing of monetary policy by the Federal Reserve.

Upcoming Economic Highlights

Today’s significant economic releases include the US Chicago PMI, US Baker Hughes Oil Rig Count, Spain's Consumer Price Index, Dutch Retail Sales, and net positions data from Japan and the UK. These indicators will provide further insights into the global financial landscape.

• US Chicago PMI - 1445 GMT

• US Baker Hughes Oil Rig Count - 1800 GMT

• Spain's Consumer Price Index - 0800 GMT

• Dutch Retail Sales - 0530 GMT

• Japan CFTC JPY NC Net Positions - 2030 GMT

• UK CFTC GBP NC Net Positions - 2030 GMT

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

Daily Global Market Update

The GBP/USD, BTC/USD, and AUD/USD pairs rose, while the Oil/USD pair fell. Cardano gained Bitcoin liquidity access, new US home sales increased, and oil prices declined amid Gaza ceasefire talks. Upcoming economic highlights include US durable goods orders, non-defense capital goods orders, Germany's Ifo business climate and current assessment, and Japan and UK CFTC net positions.

Moneta Markets | 51分鐘前

Weak PMIs Failed to Dampen GBPUSD

Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Weak PMIs Failed to Dampen GBPUSD

FxPro | 15小時34分鐘前

Heighten Geopolitical Tension Hit on Wall Street

Wall Street was hit hard by the escalating geopolitical tensions in the Middle East, with Israel and Hezbollah exchanging heavy fire.

PU Prime | 1天前

U.S Dollar Jumps on Heightens Treasury Yield

The U.S. dollar has continued to strengthen against major currencies, supported by a sharp rise in long-term Treasury yields, which have reached their highest level since July. The market appears to be pricing in a soft landing by the Federal Reserve, particularly as the U.S. presidential election nears.

PU Prime | 2天前

Daily Global Market Update

Bitcoin and other assets like NIO stock, AUD and gold saw modest gains. Oil prices rose on supply concerns. US dollar strengthened on Fed rate cut expectations and upcoming US elections. Crypto exchanges Binance and Crypto.com are losing market share. Watch out for upcoming economic events like US Fed Beige Book and Eurozone Consumer Confidence.

Moneta Markets | 2天前

AUD/USD Struggles for Stability: Chances are Slim

The AUD/USD pair is attempting a recovery toward 0.6681, though the prospects seem uncertain as the pair remains near a six-week low.

RoboForex | 2天前

Dollar Stays Strong as U.S. Election is Approaching

The dollar remains robust, with the dollar index notching its highest level in October as treasury yield surged.

PU Prime | 3天前

Daily Global Market Update

The GBP/USD pair made a minor upward correction, while Bitcoin/USD fell. Oil prices remained stable, and the Australian dollar gained. Global financial headlines included record-breaking Bitcoin ETF inflows, falling oil prices, and rising gold prices. Upcoming economic highlights include UK retail sales, housing starts, and budget statements.

Moneta Markets | 7天前

EURUSD	1.08177	GBPUSD	1.29621	AUDUSD	0.66229
USDJPY	151.946	USDCAD	1.38558	USDCHF	0.86597