Daily Global Market Update

The Euro strengthened against the USD (up 0.3%) while USD weakened against the Yen (down 1.3%). Gold dipped slightly but technical indicators suggest potential rise. Apple stock dipped minimally. Yen gained strength on suspected intervention, NASDAQ fell sharply, Dow Jones hit record high.

EUR/USD Pair's Uptick

The EUR/USD pair rose by 0.3% in the last session. The RSI is giving a positive signal.

 

 

USD/JPY Pair's Decline

The USD/JPY pair fell by 1.3% in the last session. The RSI indicates a negative outlook.

 

 

Gold's Minor Dip

The gold-dollar pair fell by 0.3% in the last session. The MACD is giving a positive signal, indicating potential upcoming gains.

 

 

Apple's Stock Minor Correction

Apple's stock saw a minor correction, decreasing by 0.2% in the last session. The Williams %R indicator is giving a negative signal.

 

 

Global Financial Headlines

Yen strength continues amid suspected market intervention by Japanese officials. The NASDAQ fell sharply by over 2%, while the Dow Jones Industrial Average hit a record high. The UK's inflation rate remains steady at 2%, influencing investor expectations around Bank of England rate decisions.

 

Upcoming Economic Highlights

Here's a brief rundown of today's anticipated economic releases:

• Japan's Foreign Bond Investment - 2350 GMT

• UK's Claimant Count Change - 0600 GMT

• Australia's Unemployment Rate - 0130 GMT

• US Continuing Jobless Claims - 1230 GMT

• Netherlands' Unemployment Rate - 0430 GMT

Regulation: FSA (Seychelles), FSCA (South Africa)
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Daily Global Market Update

Daily Global Market Update

Euro/USD: Minor downward correction, oversold market. Dollar/Yen: Upward trend, positive signal. Gold/Dollar: Upward trend, overbought market. Nike: Upward trend, positive signal. Global: Canadian dollar rose, US stocks mixed, gold gained, Spain's IEX at highest since 2010. Upcoming: Australia's employment, Eurozone's inflation, Australia's unemployment, Dutch unemployment, Japan's tertiary index,
Moneta Markets | 1 day ago
EUR/USD Continues Downward Amid Economic Uncertainties

EUR/USD Continues Downward Amid Economic Uncertainties

EUR/USD has sustained its position below the EMA-200 line, indicating a potential shift into a more defined downtrend. Recent comments from Raphael Bostic, head of the Atlanta Federal Reserve, have influenced this movement. Bostic suggests a modest 25-basis-point cut in interest rates this year – contrary to earlier predictions of a more aggressive 50-point reduction.
RoboForex | 2 days ago
USDJPY faces a pass or fail test

USDJPY faces a pass or fail test

USDJPY extends consolidation around August’s bar. Technical signals weaken, cannot warrant a bullish trend reversal. US retail sales, jobless claims due on Thursday at 12:30 GMT
XM Group | 2 days ago
Daily Global Market Update

Daily Global Market Update

Gold rose slightly, while the Euro dipped. The Pound remained stable, but Bitcoin surged. US stocks rallied, and crude prices fell. Key economic events include UK's employment data, US Red Book Index, and German ZEW survey.
Moneta Markets | 3 days ago
EUR/USD Experiences Downward Pressure Amid Fed Rate Cut Speculations

EUR/USD Experiences Downward Pressure Amid Fed Rate Cut Speculations

EUR/USD has seen a slight downturn, correcting near the support level of 1.0905 as the market adjusts its expectations regarding the Federal Reserve's monetary policy. The probability of a 25-basis-point rate cut by the Fed in November currently stands at 86.8%, reflecting a cautious outlook for significant further easing this year.
RoboForex | 4 days ago