Analysis
BoJ Summary of Opinions reveals hawkish mood
Yen pullback stopped by hawkish BoJ Summary - Fed cut bets remain dovish, traders await next week’s data - Tech shares drag Wall Street down again - Gold rebounds, but remains well off its records
XM Group
|
71 days ago
Gold (XAU/USD) Recovers Amid Rate Cut Expectations
Gold (XAU/USD) prices have rebounded to 2394 USD per troy ounce, paring previous losses as the likelihood of a US Federal Reserve rate cut increases.
RoboForex
|
71 days ago
XRP and Toncoin enjoy some good news
Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: XRP and Toncoin enjoy some good news
FxPro
|
71 days ago
Oil Prices Surge on Libya Oil Production Close-down
In the oil market, prices recorded their biggest gain in August following a production halt at Libya’s biggest oil field, which produces nearly 270,000 barrels of oil per day.
PU Prime
|
71 days ago
Daily Global Market Update
EUR/USD traded sideways with positive ROC signal. USD/JPY rose 1.3% with positive Williams %R. Gold traded sideways with positive ROC. Apple stock gained 1.4% with positive ROC. Yen dropped after BOJ official downplayed rate hike chances. US stocks lower in choppy trading. Home loan rates plunged to 15-month low.
Moneta Markets
|
71 days ago
Will the BOJ Hike the Rates or is it Another Manipulation?
The Japanese yen has recently shown strength, trading at higher levels as it enters the third consecutive week of gains against the US dollar, reaching a recent low of 151.94.
ACY Securities
|
71 days ago
DXY Tumbles on Weak US NFP, JPY Soars to 26-Week
The US economy created an anemic number of Jobs in July of 114K, way below 206K in June, as well as estimates of 175K. The Unemployment Rate climbed to 4.3% from 4.1%.
ACY Securities
|
71 days ago
DXY, Stocks Rebound, AUD Steadies – RBA Hawkish Hold
The Dollar Index (USD/DXY), which weighs the value of the Greenback against a basket of 6 major currencies rebounded to 102.95 (102.70). US Stocks led by the S&P 500 soared following a rout which began this week.
ACY Securities
|
71 days ago
How Will the USD Perform During August After a Huge Drop on NFP
The recent market activities have been a rollercoaster, highlighting just how unpredictable financial markets can be. After a sharp drop, Japanese equity indices bounced back impressively with a 9-10% increase, which has brought some relief to investors worldwide. This rebound has boosted global investor confidence, influencing the performance of the foreign exchange (FX) market.
ACY Securities
|
71 days ago
The New Zealand dollar rises on a strong labour market
Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: The New Zealand dollar rises on a strong labour market
FxPro
|
71 days ago
Brent Oil Price Analysis: Anticipating a Correction
Brent crude oil's price increased to 76.88 USD per barrel on Wednesday, continuing to rise for the second consecutive session.
RoboForex
|
71 days ago
EBC Daily Snapshot Augl 7, 2024
A BOJ official downplayed a near-term rate hike on Wednesday, adding to a week already marked by fears about the US recession.
EBC Financial Group
|
71 days ago
BoJ comments ease USDJPY oversold but are unlikely to be a game-changer
Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: BoJ comments ease USDJPY oversold but are unlikely to be a game-changer
FxPro
|
71 days ago
Yen weakens as positive market sentiment lingers
Markets continue to recover led by the Nikkei 225 index. BoJ comments result in yen underperformance. Light calendar again today, focus on geopolitics. Kiwi benefits from strong labour market data
XM Group
|
72 days ago
EBC Markets Briefing | Fast money fails to pull lira out of a death spiral
The Turkish Lira reached a record low this week, despite a weak dollar from a poor jobs report. It's down 13.8% this year, with no end in sight.
EBC Financial Group
|
72 days ago
USDJPY begins a healing process
USDJPY gears up after 7-month low. Recent sharp sell-off looks overdone. Bulls hope for a close above 146.58 to continue higher.
XM Group
|
72 days ago
Bitcoin: From Shock to the Death Cross
Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Bitcoin: From Shock to the Death Cross
FxPro
|
72 days ago
Japanese Yen Eases on BoJ Dovish Statement
The Japanese Yen eased on Wednesday morning after the BoJ Deputy Governor indicated that the Japanese central bank would not raise interest rates if global markets remained unstable. This statement has calmed the market and unwound concerns about Yen carry trades. Meanwhile, the dollar has regained strength, with the dollar index (DXY) climbing above the $103 mark.
PU Prime
|
72 days ago
Daily Global Market Update
Bitcoin rallied 4.2% with positive Williams indicator, while Tesla traded sideways with negative RSI. AUD/USD stagnated despite positive CCI, and gold fell 0.6% with positive stochastic. Dollar strengthened, impacting gold and cryptocurrencies, with a $510 billion market cap drop. Economic releases today include Japan's coincident index, US mortgage applications, and data from Germany and UK.
Moneta Markets
|
72 days ago
Forex Market Report - 7th August 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
|
72 days ago
