Analizować

Daily Global Market Update

Daily Global Market Update

The pound gained 0.2% against the dollar, with a positive RSI signal. Bitcoin dropped 3%, indicated as negative by the ROC. Oil surged 1.1%, reaching an overbought market per the Stochastic RSI. The Australian dollar rose 0.2%, with the Williams indicator showing overbought conditions.
Moneta Markets | 100 dni temu
USA PPI Had a Huge Impact on the Markets Followed by Tonight USA CPI and Eurozone CPI

USA PPI Had a Huge Impact on the Markets Followed by Tonight USA CPI and Eurozone CPI

The Dollar Index (USD/DXY) experienced a rebound, decreasing from 103.274 all the way to 102.628. This drop has happened by a weaker than expected PPI on the 13/08/2024 from USA, with the expectation being for the core PPI (MoM) (Jul) 0.2% that came in at 0% and the previous has been revised down from 0.4% to 0.3% same goes for the PPi (MoM) (Jul) that was expected to be 0.2% as no change from the
ACY Securities | 100 dni temu
 Forex Market Report - 16th August 2024

Forex Market Report - 16th 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 | 100 dni temu
Technical Analysis – AUDUSD rebound gets blocked by 50-day SMA

Technical Analysis – AUDUSD rebound gets blocked by 50-day SMA

AUDUSD has surged by around 4.5% from the August 5 low of 0.6347 but the recovery has hit a snag at the 50-day simple moving average (SMA) in the 0.6635 region. After two days of unsuccessful attempts to overcome this barrier, the price has now slipped below the 61.8% Fibonacci retracement of the July-August slump at 0.6625.
XM Group | 101 dni temu
Wall Street Rally on Soft CPI

Wall Street Rally on Soft CPI

The most anticipated economic indicator of the week, the U.S. Consumer Price Index (CPI), was released yesterday, coming in at 2.9%, below the 3% threshold and in line with the Producer Price Index (PPI) data from the previous day. This further sign of easing inflationary pressure in the U.S. has heightened expectations that the Federal Reserve may implement its first rate cut in September.
PU Prime | 101 dni temu
Daily Global Market Update

Daily Global Market Update

The Euro/Dollar and Dollar/Yen pairs saw slight gains of 0.1% each, with the former in overbought territory. Gold fell 0.6% against the Dollar, while NIO shares dropped 4.8%. The dollar weakened as US inflation data hinted at potential Fed rate cuts, boosting the euro to an 8-month high. Wall Street showed mixed results, with tech stocks declining.
Moneta Markets | 101 dni temu
USD/JPY Sees Retreat Amid US Dollar Weakness

USD/JPY Sees Retreat Amid US Dollar Weakness

USD/JPY has retreated from its peak this week, settling at 146.82. The yen gained some strength as the US dollar weakened following July's lacklustre US Producer Price Index (PPI) data. This report bolstered market expectations for a potential 50 basis point cut by the Federal Reserve at its upcoming September meeting.
RoboForex | 102 dni temu
Markets perk up as soft PPI sets the tone ahead of US CPI

Markets perk up as soft PPI sets the tone ahead of US CPI

Stocks perk up after soft US producer prices, all eyes now on CPI report. Kiwi slumps after RBNZ cuts rates and signals more to come. Pound also slips on weaker-than-expected UK inflation data. Gold holds near record high as dollar skids, ME tensions mount.
XM Group | 102 dni temu
US Dollar's Recent Stability Amidst Prior Volatility

US Dollar's Recent Stability Amidst Prior Volatility

After a period of heightened volatility, the US dollar has entered a more stable phase, particularly evident in the USD/JPY currency pair. The stabilization of this pair within the 141.60-147.00 range reflects a balancing act between the US and Japanese monetary policies.
ACY Securities | 102 dni temu
The Fed's Surprise Larger Rate Cuts Loom—What This Means for the U.S. Dollar

The Fed's Surprise Larger Rate Cuts Loom—What This Means for the U.S. Dollar

The U.S. economy in 2024 is navigating through a transitional phase. The moderate deceleration observed in the second half of the year is not entirely unexpected, given the cumulative impact of tight monetary policy over the previous quarters. Key indicators like GDP growth, consumer spending, and industrial production suggest that while the economy is not in recession, it is certainly cooling off
ACY Securities | 102 dni temu