Daily Global Market Update

Bitcoin dipped 0.6%; ROC signals align. Apple rose 0.8%, but stochastic signals negativity. Aussie dollar climbed 0.5%, supported by CCI. Gold fell 0.4%; stochastic RSI suggests oversold. Oil hits $100/barrel; USD index drops. Yen hits multi-year lows vs. USD, Euro.

Moneta Markets | 218 days ago

Bitcoin's Recent Movement

Bitcoin fell 0.6% against the dollar in the last trading session. The ROC's positive signal aligns with our overall technical analysis.

Apple's Stock Performance

Apple shares rose 0.8% in the last session. The stochastic indicator is giving a negative signal, consistent with our overall technical analysis.

Aussie Dollar's Movement

The Aussie dollar pair rose 0.5% in the last session. The CCI is giving a positive signal, supporting our analysis.

Gold's Recent Performance

Gold dropped 0.4% against the dollar in the last session. According to the stochastic RSI, we are in an oversold market.

Market News Highlights

Oil prices rose to a dollar a barrel as the US dollar index fell to its lowest level in more than a week. Investors shifted focus from geopolitical issues to global economies. The yen dropped to multi-year lows against the US dollar and Euro, keeping investors on heightened intervention watch ahead of this week's Bank of Japan meeting. Dovish policymaker comments left sterling near its weakest in months. Fidelity's Bitcoin exchange-traded fund achieved a new record as the largest single investment in a Bitcoin fund, attracting $40 million from two traditional US financial advisers, Legacy Wealth Management and United Capital Management of Kansas.

Upcoming Economic Events

Here are today's major economic events:

• Japan's Foreign Bond Investment - 2350 GMT

• US Durable Goods Orders - 1230 GMT

• Japan's Foreign Investment in Japan Stocks - 2350 GMT

• Germany's IFO Business Climate - 0800 GMT

• Germany's IFO Current Assessment - 0800 GMT

• Australia's Consumer Price Index - 0130 GMT

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

Tags: Analysis

EBC Markets Briefing | Oil prices meander on OPEC’s efforts

Oil prices steadied Thursday, supported by a US crude stock draw, after falling nearly 3% on ceasefire talks between Israel and Hezbollah.

EBC Financial Group | 7h 47min ago

Dollar extends retreat ahead of US Thanksgiving

Dollar traders lock more profits amid Thanksgiving Holidays - Probability of a December Fed pause eases somewhat - Yen climbs higher as BoJ hike bets remain elevated - Euro rebounds on ECB Schnabel’s hawkish remarks

XM Group | 9h 21min ago

Japanese Yen Climbs to Five-Week High Due to USD Weakness

The USD/JPY pair has dropped to 151.56, marking a five-week high for the yen. Market speculations fuel the currency's strength that the Bank of Japan (BoJ) might consider an interest rate hike as soon as December.

RoboForex | 10h 6min ago

EURJPY bears stay in control

EURJPY in the fourth week of losses. Short-term bias skewed to the downside. Next stop could be near 158.00.

XM Group | 11h 26min ago

Daily Global Market Update

The Euro is gaining strength, while the Yen is weakening. Gold is correcting upwards, and Alibaba stock is dipping. The Canadian dollar is recovering, but Wall Street is down. Key economic events include Canadian GDP, US inflation, Eurozone consumer confidence, and UK retail sales.

Moneta Markets | 13h 50min ago

Gold Decline on Easing Geopolitical Tension

The U.S. Personal Consumption Expenditures (PCE) report, released yesterday, met market expectations but failed to deliver any surprises, resulting in continued weakness in the U.S. dollar. Simultaneously, long-term Treasury yields fell to their lowest levels in November.

PU Prime | 14h 23min ago

How Global Economic Shifts Shape November's Trading Opportunities

The U.S. economy continues to chart a path toward a "soft landing," a scenario where inflation cools without triggering a severe recession. Gradual easing in the labour market underscores this trend, with recent jobless claims figures showing minor increases yet remaining well below concerning thresholds. Businesses are largely retaining staff, indicating stable employment conditions.

ACY Securities | 15h 40min ago

How Low Could EUR/USD Go?

In a significant market move, EUR/USD has plunged to levels not seen in over two years, driven by a combination of economic and geopolitical pressures. This sharp decline has been raising questions about the resilience of the eurozone economy and the broader implications for global currency dynamics.

ACY Securities | 15h 41min ago

EURUSD	1.05563	GBPUSD	1.26897	AUDUSD	0.65026
USDJPY	151.52	USDCAD	1.40071	USDCHF	0.88284