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Investors lock gaze on US inflation data

Investors lock gaze on US inflation data

Dollar trades cautiously ahead of inflation numbers - Yen pulls back on Ueda’s and Suzuki’s remarks - Pound retreats but BoE still expected to cut rates after Fed - S&P 500 and Nasdaq slide, Bitcoin hits new record high
XM Group | 262 일 전
Daily Global Market Update

Daily Global Market Update

EUR/USD down, Stochastic RSI signals decline. Gold sideways, overbought. GBP/USD -0.3%, conflicts with analysis. Bitcoin +5%, positive Stochastic RSI. S&P 500, NASDAQ slight declines, awaiting data. UK's FCA approves crypto ETNs. Reddit targets $6.4B IPO. Economic highlights: US CPI, budget, Germany's HICP, Eurozone ECOFIN, UK labor.
Moneta Markets | 262 일 전
Daily Global Market Update

Daily Global Market Update

Markets: Oil-dollar, Aussie dollar, Euro-dollar, and dollar-yen sideways. Global: Saudi Aramco on China demand, Rivian's stock surge, Asian stocks high. Upcoming: US Bill auctions, Finland's account, Eurogroup meeting, Japan's Tool Orders, and Producer Price Index.
Moneta Markets | 263 일 전
Dollar gets smoked ahead of nonfarm payrolls

Dollar gets smoked ahead of nonfarm payrolls

Dollar falls sharply, will US employment data fuel this selloff? - Yen stages comeback, euro climbs as well after ECB decision - Gold and stocks hit new record highs as stunning rally continues
XM Group | 266 일 전
Daily Global Market Update

Daily Global Market Update

GBP/USD and Bitcoin rose, oil gained, and AUD/USD uplifted. Tesla's Bitcoin holdings stirred discussion, China's trade signals positivity, and gold prices surged. Economic highlights: Eurozone GDP, UK NIESR GDP, Germany's Industrial Production, US Hourly Earnings, Japan's Eco Watchers Survey, and UK CFTC GBP net positions.
Moneta Markets | 266 일 전
Dollar Faces Strong Headwind From Dovish Fed

Dollar Faces Strong Headwind From Dovish Fed

The dollar is currently experiencing downward pressure, a reaction to signals of an imminent shift in the Federal Reserve's monetary policy. Federal Reserve Chair Jerome Powell's recent testimony underscored his confidence that U.S. inflation is on track to meet the central bank's target rate.
PU Prime | 266 일 전