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Soft PCE Hinders Dollar’s strength

Soft PCE Hinders Dollar’s strength

The PCE came in line with market expectations at 2.5%, suggesting that inflationary pressure in the country is moving toward the targeted 2% rate and heightening the likelihood of a September Fed rate cut speculated in the market.
PU Prime | 119 일 전
Daily Global Market Update

Daily Global Market Update

Oil-dollar pair plunged, RSI bearish. Aussie and euro-dollar stable, both oversold. Dollar-yen unchanged, also oversold. Oil prices fell due to China demand and Gaza ceasefire hopes. Mitsubishi Motors joins Honda-Nissan alliance. Wall Street gains on tech rebound and inflation optimism.
Moneta Markets | 119 일 전
Forex Market Report - 29th July 2024

Forex Market Report - 29th July 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 | 119 일 전
Daily Global Market Update

Daily Global Market Update

Pound/dollar declined 0.3%, with MACD bearish; Bitcoin dipped slightly, Williams negative; Oil/dollar surged 1.1%, CCI oversold; Aussie/dollar fell 0.5%, Stochastic RSI oversold. Trump's campaign raised $3M in crypto, China eases lending, oil at $82 boosted by US data, but China concerns cap gains.
Moneta Markets | 122 일 전
Higher Tokyo CPI Bolsters BoJ Rate Hike Expectation

Higher Tokyo CPI Bolsters BoJ Rate Hike Expectation

Wall Street continues to face downside risks, with the Nasdaq and S&P 500 sliding in yesterday's session while the Dow Jones eked out a marginal gain. The small-cap Russell 2000 index remains on an upward trajectory, indicating capital rotation away from mega-cap stocks, tempered by AI jitters.
PU Prime | 122 일 전
Forex Market Report - 26th July 2024

Forex Market Report - 26th July 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 | 122 일 전
Has the bear market started?

Has the bear market started?

Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Has the bear market started?
FxPro | 123 일 전
 Stock market correction picks up speed

Stock market correction picks up speed

Fed expectations and US election affect sentiment. Euro remains on the back foot against the dollar. PBoC announces a surprise rate cut. Gold suffers, aussie and kiwi losses pile up
XM Group | 123 일 전