USDCAD continues its bullish surge, eyes 1.4300 area

ATFX Market Outlook 13th December 2024

U.S. producer prices rose the most in five months in November, but service sector inflation slowed. After an unexpected rise in initial jobless claims last week, traders estimated that the probability of the Federal Reserve cutting interest rates next week was about 97% U.S. stocks retreated on Thursday as investors took stock of key economic indicators ahead of next week's Federal Reserve meeting

ATFX | 23 시간 33 분 전

ATFX Market Outlook 16th December 2024

This week, attention turns to the Fed, BoJ, and BoE. Despite recent inflation data, the Fed is expected to cut rates by 25bps on Wednesday, with an 80% chance of a pause in January. Strong US economic performance suggests limited further cuts, which may pressure the dollar.

ATFX | 23 시간 33 분 전

ATFX Market Outlook 12th December 2024

In November, the US Consumer Price Index (CPI) saw a month-on-month increase, like in July, but the Federal Reserve is still expected to cut interest rates for the third time next week. On Wednesday, the S&P 500 index rose significantly, driven by technology stocks that pushed the Nasdaq to a new high. The Dow futures trade closed fell 0.22%, but the S&P 500 increased by 0.82%, and the Nasdaq rose

ATFX | 6 일 전

ATFX Market Outlook 10th December 2024

Opinion Today: Dow futures were little changed on Tuesday after Nasdaq Composite retreated from record highs, weighed down by a sharp decline in Nvidia.WTI crude oil futures climbed above $68 per barrel, driven by optimism over China's shift toward a looser monetary policy and geopolitical uncertainty in the Middle East. Gold price trades below the two-week top; the downside seems protected

ATFX | 6 일 전

All Eye on Today’s CPI

Wall Street struggled for direction on Tuesday as investors awaited the U.S. Consumer Price Index (CPI) report, expected to offer critical insights into the Federal Reserve’s monetary policy outlook. A higher-than-anticipated CPI reading could strengthen the U.S. dollar and weigh on equity markets as concerns over extended tightening persist.

PU Prime | 7 일 전

USDJPY, EURUSD, USDCAD

US CPI to be another clue ahead of Fed decision; USDJPY remains steady around 150.50; ECB to cut rates by 25 bps; EURUSD fails to extend above 1.0600; BoC to continue rate cuts in 2024; USDCAD surges to 4½-year high

XM Group | 8 일 전

ATFX Market Outlook 9th December 2024

US stock futures were little changed on Monday as investors await crucial inflation data later this week, which could influence the Federal Reserve's next interest rate decision. Gold remains a haven amid rising geopolitical tensions and inflation fears. Crude Oil slides more than 1% on Friday and is set to close off the week in the red.

ATFX | 9 일 전

ATFX Market Outlook 5th December 2024

U.S. stock index futures approached record highs on Wednesday, following Wall Street's gains driven by the tech sector and positive remarks from Federal Reserve Chair Jerome Powell. Powell's comments, likely the last before the Fed's December meeting, indicated cautious optimism about inflation and economic strength amid market uncertainties.

ATFX | 11 일 전

EURUSD	1.04959	GBPUSD	1.26908	AUDUSD	0.63151
USDJPY	153.586	USDCAD	1.43286	USDCHF	0.89359