Analysis
Daily Global Market Update
The pound, AUD, and oil prices fell against the dollar. Bitcoin gained slightly. Crypto.com surpassed Coinbase in trading volume. Bank of England cut interest rates. Upcoming economic data includes French output, US wages, and Australian prices.
Moneta Markets
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115 days ago
Forex Market Report - 2nd 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
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115 days ago
The crypto market pulled back further into the range
Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: The crypto market pulled back further into the range
FxPro
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116 days ago
BOJ to announce its decision on the interest rate and bond purchases reduction: Octa analyst's opinion
The Bank of Japan is likely to preserve the same interest rate on 31 July 2024. However, the market expects some action on stimulus policies and the details of the reduction in bond purchases.
OctaFX
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116 days ago
Central banks' decisions week: what should investors be prepared for?
Forex market may experience increased volatility this week as investors await verdicts on interest rate decisions from the three leading central banks.
OctaFX
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116 days ago
Fed hints at cut but dollar unbruised, pound slips ahead of BoE
Fed’s Powell opens the door to a September rate cut, stocks rebound. But dollar only tumbles against the yen, which surges after BoJ hike. BoE rate cut bets intensity ahead of decision, pressuring sterling. Oil comes back to life as ME conflict takes another dangerous turn.
XM Group
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116 days ago
EBC Daily Snapshot Augl 1, 2024
The US dollar fell Thursday as the Fed hinted at a September rate cut. Powell said a pivot is possible if disinflation continues as expected.
EBC Financial Group
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116 days ago
GBP/USD Under Pressure as Market Anticipates Bank of England Rate Decision
The British pound sterling continues to decline steadily against the US dollar. The GBP/USD pair is trending towards 1.2848.
RoboForex
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116 days ago
GBPJPY selling drama stretches below 200-EMA
GBPJPY’s massive sell-off continues, reaches 3-month low. Short-term risk bearish but oversold conditions detected. BoE policy announcement might influence GBP at 11:30 GMT.
XM Group
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116 days ago
EBC Markets Briefing | Israel retaliation sets oil prices on fire
Oil prices rose Thursday in early Asian trading after a Hamas leader's killing in Iran heightened fears of a wider Middle East conflict.
EBC Financial Group
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116 days ago
Dovish Fed’s Statement Hammers Dollar
The highly anticipated Fed’s interest rate decision was disclosed yesterday, hammering the dollar’s strength lower as Fed Chief Jerome Powell explicitly signalled that a September rate cut is possible. The U.S. central bank is balancing both inflation and recession risks, with interest rates adjusted to curb inflation while maintaining a solid labour market.
PU Prime
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116 days ago
Daily Global Market Update
Euro-Dollar traded sideways, ROC negative. Dollar-Yen plunged 1.7%, MACD negative. Gold soared 1.5%, ROC negative. Microsoft fell 0.5%, MACD negative. Yen strengthens sharply after Bank of Japan's rate hike, markets await Fed hints on rate cuts. Eurozone inflation ticks up but expectations for ECB rate cut remain.
Moneta Markets
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116 days ago
EUR/USD makes slight retreat ahead of crucial week for the European economy
The EUR/USD pair is trading at around 1.0840 at the start of the London session, retreating from highs of 1.0860 in Monday’s early Asian session.
Deriv
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117 days ago
USD/JPY Plummets as Bank of Japan Tightens Policy
The USD/JPY pair has experienced a sharp decline, currently at 152.79, following decisive monetary policy adjustments by the Bank of Japan (BoJ). In a significant shift, the BoJ raised its interest rate to 0.25% per annum and unveiled plans to scale back monthly bond purchases to approximately 3 trillion yen by Q1 2026.
RoboForex
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117 days ago
NZDUSD poised for bullish rotation
NZDUSD rotates higher after touching familiar support zone. Technical signals increase the odds for upside reversal. FOMC policy announcement might affect USD at 18:00 GMT.
XM Group
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117 days ago
BoJ hikes but Fed could make a dovish tilt
BoJ announces rate hike and bond tapering. Focus turns to US data and the Fed. Australian CPI fails to record a significant downside surprise. Gold and oil jump higher due to Middle East developments
XM Group
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117 days ago
EBC Markets Briefing | The wealth may give bullion a boost in H2
Gold prices remained above $2,400 as investors anticipated that the Fed might signal a September rate cut at this week's policy meeting.
EBC Financial Group
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117 days ago
Nasdaq Plummet Ahead of Fed’s Interest Rate Decision
On Wall Street, the AI frenzy continued to weigh on the U.S. equity market, with mega-cap tech stocks plunging and leading the Nasdaq to close more than 200 points lower, hitting its lowest level since June.
PU Prime
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117 days ago
Daily Global Market Update
Bitcoin, Meta shares decline with negative technical signals. AUD/USD corrects, oversold. Gold surges with positive momentum. Oil falls on China demand worries, OPEC+ supply plans. Yen strengthens on BoJ rate hike speculation. Tether hits $13.13B market cap. Economic highlights today: Japan BoJ, Eurozone CPI, US Fed, Germany retail sales, Australia retail sales, US ADP employment.
Moneta Markets
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117 days ago
Forex Market Report - 31st 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
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117 days ago
