Daily Global Market Update

The British Pound, Australian Dollar, and oil (WTI) all fell against the US Dollar. Bitcoin also dropped. The European Central Bank kept interest rates the same but lowered its growth forecast for the Eurozone. Investors are watching economic data releases today, including the US Baker Hughes Oil Rig Count and UK Retail Sales, for clues about the global economic climate.

Moneta Markets | 129 days ago

Pound/Dollar's Recent Decrease

The GBP/USD pair fell by 0.4% in the last session. The RSI is giving a negative signal.

Bitcoin's Downturn

The Bitcoin/USD pair dropped 0.5% in the last session. The stochastic indicator indicates an overbought market.

Oil's Price Decline

The oil (WTI) fell by 0.9% against the dollar in the last session. The MACD is giving a negative signal.

Aussie/Dollar's Decrease

The AUD/USD pair dropped by 0.3% in the last session. The CCI is giving a negative signal.

Global Financial Headlines

Kraken announced the expansion of its custody services to institutional clients in the UK and Australia, enhancing its digital asset custody options. The European Central Bank maintained interest rates but revised down the economic outlook for the Eurozone, predicting a continued drop in inflation. Oil prices remained stable amid mixed demand signals and looming economic slowdown fears in the US, raising expectations of an imminent Federal Reserve rate cut.

Upcoming Economic Highlights

Here's a brief rundown of today's anticipated economic releases:

• US Baker Hughes Oil Rig Count - 1700 GMT

• Germany's Producer Price Index - 0600 GMT

• Eurozone's Current Account - 0800 GMT

• Japan's CFTC JPY NC Net Positions - 1930 GMT

• UK's Retail Sales - 0600 GMT

• UK's Public Sector Net Borrowing - 0600 GMT

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

Daily Global Market Update

Oil rallied, Aussie Dollar dipped, Euro weakened, Dollar-Yen corrected. Global stocks surged, led by tech optimism. Bitcoin nears $100K, market awaits US policy shifts. Key economic data from Japan, US, Eurozone, and Germany due.

Moneta Markets | 22h 3min ago

Dollar Plummet on Trump’s Treasury Secretary Speculation

The U.S. Dollar faced a sell-off during the Asian session as market sentiment shifted with speculation around Donald Trump’s potential Cabinet appointments.

PU Prime | 22h 52min ago

What’s Next for USD, CAD, and AUD?

The FX market has been showing some volatility, with the U.S. Dollar (USD) showing signs of softening amidst varying economic signals. The slight dip in the USD's strength was influenced by inconsistent Treasury yields and a relatively quiet economic calendar for this week.

ACY Securities | 1 day ago

Daily Global Market Update

Pound weakened, Bitcoin surged, Oil climbed, Aussie traded sideways. Bitcoin's $100K rally gains momentum, gold rises on safe-haven demand. Key economic events to watch.

Moneta Markets | 3 days ago

Gold Extends its Gain as Geopolitical Tension Heighten

escalating tensions in Eastern Europe after Ukraine launched long-range British missiles into Russian territory, intensified demand for gold .

PU Prime | 4 days ago

The pound falls despite an acceleration in inflation

Expert market comment made by Chief Market Analyst Alex Kuptsikevich of the FxPro Analyst Team: The pound falls despite an acceleration in inflation

FxPro | 5 days ago

AUD/USD Consolidates After Recent Gains

The Australian dollar against the US dollar is currently experiencing a pause in its recent upward trajectory, stabilising around 0.6525 on the H4 chart.

RoboForex | 5 days ago

Gold Gain on Russia-Ukraine Tension

Gold extended its rally for a third consecutive session this week, gaining nearly 3% since Monday as the intensifying conflict between Russia and Ukraine drove safe-haven demand. Tensions escalated after Ukraine deployed U.S.-supplied missiles, prompting Russian President Putin to approve the use of nuclear deterrents in response.

PU Prime | 5 days ago

EURUSD	1.04859	GBPUSD	1.25602	AUDUSD	0.65018
USDJPY	153.788	USDCAD	1.40879	USDCHF	0.88665