Daily Global Market Update

Bitcoin and Apple rise, Aussie Dollar gains, Gold climbs (overbought). Gold hits 6-month high on USD weakness. Chang Pang resigns amid $4.3B settlement. Upcoming: Australia's Construction, US GDP, Japan's Retail Sales, France's Payrolls.

Bitcoin's Significant Surge

Bitcoin, paired with the USD, experienced a substantial rise, escalating 1.8% in the last session. The MACD currently suggests a negative outlook, despite the recent gains.

 

 

Apple's Stock Sees Upward Correction

Apple's stock showed a minor improvement, with a 0.3% rise in the last session. The stochastic indicator, however, is projecting a negative signal for future movements.

 

 

Aussie Dollar Gains

The Australian Dollar experienced a gain of 0.5% in the last session. This positive movement is supported by a positive signal from the Ultimate Oscillator.

 

 

Gold Continues to Climb

Gold's performance remains strong, with a 1.2% increase in the last session. The RSI indicator is signaling an overbought market, suggesting potential caution for investors.

 

 

Today's Financial NewsGold continues its upward trajectory, achieving a more than 6-month high, driven by a weakening dollar and expectations that the US Federal Reserve may halt interest rate hikes. Meanwhile, the US dollar hits a 3-month low, signalling potential economic slowdown. In cryptocurrency news, Chang Pang, former CEO of Finance Exchange, steps down from his US-based board position amidst a significant $4.3 billion settlement.

 

Upcoming Economic Events

Here are key economic events to watch out for:

• Australia's Construction Work Done - 0030 hours GMT

• US Gross Domestic Product Annualized - 1330 hours GMT

• Japan's Large Retailer Sales - 2350 hours GMT

• US Gross Domestic Product Price Index - 1330 hours GMT

• Japan's Retail Trade - 2350 hours GMT

• France's Non-Farm Payrolls - 0630 hours GMT

규제: FSA (Seychelles), FSCA (South Africa)
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EUR/USD Dips to Three-Month Low Amid Strong Dollar Demand

EUR/USD Dips to Three-Month Low Amid Strong Dollar Demand

The major currency pair fell to 1.0789 by Thursday. This is almost a three-month low. Demand for the US currency is fuelled by expectations of an orderly and negative interest rate cut by the US Federal Reserve, as well as strong forecasts for a second Donald Trump presidency.
RoboForex | 9 시간 44 분 전