Daily Global Market Update

The Euro and Gold rose, while the USD/JPY traded sideways. Tesla's stock gained, but the market is overbought. Global markets were mixed, with US stocks diverging. Key economic events include US jobless claims, Australian data, US personal income, Eurozone unemployment, and Japan's BOJ rate decision.

Moneta Markets | 6 days ago

Euro's Positive Movement

The Euro gained 0.3% against the dollar in the last session. The Ultimate Oscillator is giving a positive signal.

Dollar-Yen's Sideways Trend

The USD/JPY pair traded sideways in the last session. The Rate of Change (ROC) is giving a positive signal.

Gold's Upward Movement

Gold rose 0.3% against the dollar in the last trading session. The RSI indicates an overbought market.

Tesla's Stock Performance

Tesla's stock gained 1% in the last session. The Ultimate Oscillator is giving a negative signal.

Global Financial Headlines

The Canadian dollar strengthened modestly against its US counterpart as oil prices rose. US stock indexes were mixed, with the Dow gaining and the tech-heavy NASDAQ falling. Shares of Alphabet rose 4.1% after beating expectations for Q3 revenue and profit. German inflation rose more than expected in October to 2.4%.

Upcoming Economic Highlights

Key economic events to look out for include:

• US Initial Jobless Claims - 12:30 GMT

• Australia's Retail Sales - 03:30 GMT

• Australia's Export Price Index - 03:30 GMT

• US Personal Income - 12:30 GMT

• Eurozone's Unemployment Rate - 10:00 GMT

• Japan's BOJ Interest Rate Decision - 03:00 GMT

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Tags: Analysis USDJPY

Daily Global Market Update

The Euro plunged sharply, while the Yen surged significantly. Gold prices plummeted, and Apple shares saw a modest gain. The US Dollar soared to a 4-month high post-US election, boosting US stocks to record highs. The Fed's rate cut path is expected to slow down. Key economic events include the US FOMC Press Conference, Australian and Japanese economic data, and German Industrial Production.

Moneta Markets | 21 minutes ago

USDJPY Hits 14-Week High Amid US Election Dynamics

The USDJPY pair has surged to a 14-week peak, touching 153.83 as demand for the US dollar strengthens with the unfolding US presidential election.

RoboForex | 19h 18min ago

USDJPY cheers as Trump leads election race

USDJPY hits fresh highs as Trump wins battleground states. Resistance of 153.80-154.00 still in play.

XM Group | 20h 3min ago

Dollar Spur by Trump’s Leading Position in Election

As vote counting for the U.S. election continues, Donald Trump is currently leading, which has spurred a “Trump trade” sentiment in financial markets.

PU Prime | 23h 46min ago

Dollar Calm ahead of the U.S. Election

Today’s U.S. presidential election is set to be a pivotal event, with polls indicating a tight race that could delay the final vote count and heighten market volatility. Analysts suggest that a Kamala Harris win could bring stability to the dollar, while a Trump re-election may boost its strength.

PU Prime | 1 day ago

Week Ahead Anticipate Volatility from U.S. Elections and FOMC Meeting

The markets are on edge with the impending U.S. presidential election and FOMC meeting. These events are major drivers of potential volatility, especially across FX markets and interest rate-sensitive sectors, as traders and investors await critical decisions and possible shifts in economic policy. Let’s break down the anticipated impacts of each factor.

ACY Securities | 2 days ago

The Impact of Monetary Policy and Political Dynamics in Japan

In October, the Japanese yen saw a significant weakening against both the U.S. dollar and the euro. This decline is largely attributable to the Bank of Japan’s (BoJ) continued accommodative monetary policy.

ACY Securities | 2 days ago

Daily Global Market Update

Oil prices dropped after initial gain. AUD, EUR flat, USD/JPY up slightly. Financial news: Intel replaced in Dow Jones, Canadian dollar weakens, Amazon surges. Watch US factory orders, bill auctions and note auction later.

Moneta Markets | 2 days ago

EURUSD	1.07413	GBPUSD	1.29241	AUDUSD	0.66184
USDJPY	154.219	USDCAD	1.38952	USDCHF	0.8756