Analysis
Yen weakens as positive market sentiment lingers
Markets continue to recover led by the Nikkei 225 index. BoJ comments result in yen underperformance. Light calendar again today, focus on geopolitics. Kiwi benefits from strong labour market data
XM Group
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110日前
EBC Markets Briefing | Fast money fails to pull lira out of a death spiral
The Turkish Lira reached a record low this week, despite a weak dollar from a poor jobs report. It's down 13.8% this year, with no end in sight.
EBC Financial Group
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110日前
USDJPY begins a healing process
USDJPY gears up after 7-month low. Recent sharp sell-off looks overdone. Bulls hope for a close above 146.58 to continue higher.
XM Group
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110日前
Bitcoin: From Shock to the Death Cross
Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Bitcoin: From Shock to the Death Cross
FxPro
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110日前
Japanese Yen Eases on BoJ Dovish Statement
The Japanese Yen eased on Wednesday morning after the BoJ Deputy Governor indicated that the Japanese central bank would not raise interest rates if global markets remained unstable. This statement has calmed the market and unwound concerns about Yen carry trades. Meanwhile, the dollar has regained strength, with the dollar index (DXY) climbing above the $103 mark.
PU Prime
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110日前
Daily Global Market Update
Bitcoin rallied 4.2% with positive Williams indicator, while Tesla traded sideways with negative RSI. AUD/USD stagnated despite positive CCI, and gold fell 0.6% with positive stochastic. Dollar strengthened, impacting gold and cryptocurrencies, with a $510 billion market cap drop. Economic releases today include Japan's coincident index, US mortgage applications, and data from Germany and UK.
Moneta Markets
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110日前
Forex Market Report - 7th August 2024
Our 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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110日前
A hawkish RBA could be a role model for other G10 banks
Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: A hawkish RBA could be a role model for other G10 banks
FxPro
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110日前
Oil is in no hurry to turn to growth
Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Oil is in no hurry to turn to growth
FxPro
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111日前
EBC Daily Snapshot Augl 6, 2024
The US dollar was nursing steep losses on Tuesday as the ISM service PMI rebounded from a four-year low in July amid an increase in new orders.
EBC Financial Group
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111日前
AUDUSD stays in one piece after flash crash
AUDUSD bounces back from its lowest point in nine months. Short-term risk skewed to the upside; close above 0.6500 needed. RBA maintains steady policy; pushes back rate cut timing.
XM Group
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111日前
Markets breathe easier but will it last?
Slightly more positive tone in equity markets today. Fear of recession fuels Fed rate cut expectations. Light calendar today, focus on data during Asian session. RBA remains hawkish, considers rate hike
XM Group
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111日前
Bitcoin's bear rally?
Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Bitcoin's bear rally?
FxPro
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111日前
NZD/USD Sees Recovery After Hitting Nine-Month Low
The NZD/USD pair has shown signs of recovery, reaching 0.5941 after initially plunging to a nine-month low. This downturn was triggered by concerns over a potential US recession, driven by weak job sector data, which rattled global financial markets.
RoboForex
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111日前
EBC Markets Briefing | Yen rally halts when stocks make a spectacular comeback
Japanese stocks surged at Tuesday's open, boosting Asian markets and triggering circuit breakers, after central bank reassurances calmed investors.
EBC Financial Group
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111日前
Wall Street Dip With Looming U.S. Recession
The financial markets, especially the equity sector, continue to be shattered by recession fears. The U.S. equity fear index, VIX, spiked to 65.70—the highest level since the pandemic in 2020
PU Prime
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111日前
Daily Global Market Update
Gold, Euro, and Pound mixed; Bitcoin plunged. Global markets fell on recession fears, impacting US stocks and Apple. Man Group invested in Bitcoin ETFs. Lucid got a $1.5B cash boost. Economic data and central bank decisions due.
Moneta Markets
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111日前
US Dollar Outlook for August 2024
In July, the US dollar faced a downturn against major global currencies. It slipped from 1.0717 to 1.0820 against the euro and tumbled from 160.84 to 150.46 against the yen. The Federal Open Market Committee (FOMC) maintained the federal funds rate steady at 5.25% to 5.50% during its July meeting.
ACY Securities
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111日前
Pound Plummets, BOE Cuts; Yen Soars, BOJ Hikes; Fed Holds Steady
The British Pound (GBP/USD) plummeted to 1.2735 (1.2835) after the Bank of England cut its Official Bank Rate by 25 bps to 5.0%. While the move was expected, markets saw the likelihood of more reductions for the rest of the year.
ACY Securities
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111日前
EBC Markets Briefing | Japanese stocks suffer worst day since 1987
Asian stocks plunged Monday, with the Nikkei 225 dropping 12.4%, its worst daily loss since 1987, and entering a bear market.
EBC Financial Group
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111日前