EBC Daily Snapshot Jun 24, 2024

The dollar was steady on Monday. Markets see a 58% chance of a September rate cut and expect two cuts this year, per LSEG's FedWatch data.

Regulation: FCA (UK), ASIC (Australia), CIMA (Cayman Islands)
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NZD/USD Hits Yearly Low Amid US Dollar Strength

NZD/USD Hits Yearly Low Amid US Dollar Strength

The NZD/USD pair has experienced a significant decline, touching a low of 0.5841 and reaching a yearly trough of 0.5796. The primary pressure comes from a robust US dollar, bolstered by anticipations of a more stringent tariff regime under US President-elect Donald Trump.
RoboForex | 18h 38min ago
Daily Global Market Update

Daily Global Market Update

Gold prices dropped significantly, while the Euro gained slightly. The Pound dipped, and Bitcoin fell sharply. Global equities rose as the dollar weakened. DeFi tokens surged, and the total value locked in DeFi reached a three-year high. Apple's investment proposal in Indonesia was rejected. Key economic events like US Non-Farm Payrolls and UK CPI are due.
Moneta Markets | 20h 1min ago
NZDUSD, USDJPY, EURUSD

NZDUSD, USDJPY, EURUSD

RBNZ to cut rates again with NZDUSD remaining in negative territory; US core PCE may give some clues for the next Fed meeting; USDJPY near 155.00; Eurozone flash CPI on the agenda; EURUSD tumbles 5% in three weeks
XM Group | 1 day ago