Weekly Market Wrap - EURUSD, GBPUSD, EURCAD and WTI

Daily Global Market Update

Pound weakened against the dollar, Bitcoin declined, and oil prices remained stable. The Australian dollar recovered, and the global financial landscape saw increased cryptocurrency hacking and mixed economic signals. Key economic events to watch include Japanese and European data releases.

Moneta Markets | 2天前

Dollar Bolsters by Upbeat U.S. Economic Indicators

Following the hawkish remarks from the Fed on Wednesday after the interest rate decision, the upbeat U.S. economic indicators released yesterday have further boosted the U.S. dollar, driving it to a two-year high.

PU Prime | 2天前

ATFX Market Outlook 19th December 2024

The U.S. central bank lowered interest rates on Wednesday, as expected. Federal Reserve Chair Jerome Powell indicated that further cuts would depend on progress in reducing high inflation. His remarks suggest policymakers are considering potential economic changes under the Trump administration.

ATFX | 3天前

Will GBPUSD make a comeback after post-Fed tumble?

GBPUSD shows some recovery after three-week low. Technical signals reflect persisting selling interest. BoE rate decision next in focus at 12:00 GMT.

XM Group | 3天前

Dollar Jumps on Fed’s Hawkish Remark

The FOMC interest rate decision yesterday triggered significant market volatility, with all eyes on the Federal Reserve's hawkish stance.

PU Prime | 3天前

Daily Global Market Update

EUR/USD stagnated with a negative MACD, while USD/JPY rose 0.1% with a positive RSI. Gold fell 0.3% with a negative Stochastic, and Volkswagen gained 0.1% with a positive MACD. Oil rose on falling US crude inventories, limited by the Fed's 25 bp rate cut to 4.25%-4.5%.

Moneta Markets | 3天前

Global Currency Trends: What They Reveal About the World Economy

The EUR, one of the most traded currencies globally, has hit a rough patch EUR is now facing its largest short position in five years, a clear sign that investor sentiment is wavering. But why is this happening?

ACY Securities | 3天前

ATFX Market Outlook 18th December 2024

U.S. retail sales data exceeded expectations, indicating economic and consumption strength. Next, markets prepared for the Federal Reserve's interest rate decisions. On Tuesday, U.S. stocks fell, with the Dow Jones down for the ninth straight session. The S&P 500 and Nasdaq declined by 0.39% and 0.3%, respectively.

ATFX | 4天前

EURUSD	1.04333	GBPUSD	1.2568	AUDUSD	0.62525
USDJPY	156.449	USDCAD	1.43676	USDCHF	0.89299