Analysis
The New Zealand Dollar shows a steady rise
The NZD/USD pair is preparing for a mid-week rally, approaching the 0.6116 level. These current values mark the highest point for the Kiwi in two months, following the Reserve Bank of New Zealand's decision to maintain its monetary policy structure unchanged during the May meeting.
RoboForex
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189 days ago
Daily Global Market Update
Bitcoin fell 2.5%, with further declines likely. Apple's stock rose 0.6%, showing bullish trends. The AUD/USD pair remained stable but has a negative outlook. Gold dipped 0.2% and is overbought. Globally, gold prices held near record highs as the dollar stayed strong, with anticipated U.S. rate cuts.
Moneta Markets
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189 days ago
Bitcoin waits for the Ethereum story to develop
Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Bitcoin waits for the Ethereum story to develop
FxPro
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189 days ago
DXY Edges Higher on Fed Speak, JPY Weakens Past 156
Remarks from Federal Reserve Governor Waller that interest rate cuts are probably several months away lifted the Dollar Index (DXY) to 104.65 from 104.50 previously.
ACY Securities
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189 days ago
Low Volatility and Central Bank Policies Highlight EUR/USD Trends
Global currency markets have seen very limited action today, primarily because there have been no major data releases on the schedule, and uncertainty about central bank policy divergence remains in play.
ACY Securities
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189 days ago
Dollar Dilemma: FOMC Caution
The US Dollar remained subdued as investors awaited the FOMC meeting minutes, with Federal Reserve officials emphasising the need for more evidence of easing inflation before considering rate cuts. This cautious stance has kept the dollar in check, influencing other markets as well.
PU Prime
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189 days ago
Forex Market Report - 22nd May 2024
This daily Forex Market Report offers an overview of critical economic and financial events that impact the global forex markets. Traders should closely monitor developments to fine-tune their trading strategies accordingly.
DNA Markets
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189 days ago
Euro/Dollar in consolidation
The EUR/USD pair is gently declining towards 1.0858 on Tuesday but remains within a medium-term range.
RoboForex
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190 days ago
Fed uncertainty puts stocks on edge, dollar edges up
Fed policymakers maintain caution ahead of minutes as risk appetite ebbs. Commodities retreat from highs amid hawkish Fed, calm in Middle East. Dollar inches higher, ether jumps 19% on spot ETF hopes
XM Group
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190 days ago
Daily Global Market Update
EUR/USD fell 0.1%, CCI indicates more downside. Gold rose 0.2%, but is overbought. GBP/USD was static, also overbought. Bitcoin surged 4.3%, may correct soon. Gold prices rose ahead of a US inflation report. Japan's shares hit a 34-year peak. Ripple acquired Standard Custody and Trust.
Moneta Markets
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190 days ago
Dollar Rebound on Fed’s Hawkish Tone
In yesterday's market, the U.S. equity market took a breather after all three major indexes had risen more than 5% in May. All eyes are now on Nvidia’s earnings report due on Wednesday, which has the potential to spur the equity market further. In Asia, the Chinese stock markets also saw a retracement, with fresh data indicating that the property sector in China remains a significant concern.
PU Prime
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190 days ago
The Endless Struggle of Central Banks and Inflation
The majority of Central Banks around the world have maintained an unchanged inflation target for at least the past 50 years.
ACY Securities
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190 days ago
Oil shows weakness
Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Oil shows weakness
FxPro
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191 days ago
Gold hits new record high
On Monday, a troy ounce of gold set a new price peak of 3438.00 USD. This surge was fuelled by renewed speculation about potential interest rate cuts by the US Federal Reserve, vigorous gold purchases by banks globally, and strong investor demand for safe-haven assets.
RoboForex
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191 days ago
Rate cut optimism buoys equities, gold jumps on geopolitical risks
Stocks remain on the front foot despite wavering rate cut bets; Optimism prevails even as gold rallies on Middle East uncertainties; Subdued dollar eyes Fed speakers, rising Japanese yields fail to lift yen
XM Group
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191 days ago
Daily Global Market Update
Oil gained 0.7%. The Australian dollar is overbought but unchanged. The Euro and Dollar-yen traded sideways; the Euro is overbought, and the Dollar-yen has a negative signal. China's gasoline exports hit a low. Japan's Nippon Steel VP will visit the US for a deal. Global stocks rose on potential Fed rate cuts.
Moneta Markets
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191 days ago
Bitcoin cautious despite global rise in risk appetite
Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Bitcoin cautious despite global rise in risk appetite
FxPro
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191 days ago
Gold unlocks another record high
Gold advances above sideways channel; 20- and 50-day SMAs tick up; MACD and RSI suggest more upside pressure; Next target at 261.8% Fibo extension of 2,515
XM Group
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191 days ago
Dollar Index Ends Flat, AUD, GBP Outperform
The Dollar Index (DXY), a measure of the Greenback’s value against a basket of 6 major currencies, finished flat, at 104.50. Fed officials called for caution before moving to cut interest rates despite signs of cooling inflation.
ACY Securities
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191 days ago
Gold Prices Back to All-time High Territory
geopolitical issues in Eastern Europe and the Middle East have intensified, driving safe-haven gold prices to all-time high levels.
PU Prime
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191 days ago
