EBC Daily Snapshot Jul 24, 2024
The US dollar rose on Wednesday as traders awaited inflation data. June home sales fell more than expected, and median prices hit a record high.
EBC Financial Group
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128 dias atrás
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Thin liquidity and month-end could keep the dollar under pressure
US markets are in a festive mode, dollar is on the back foot; Thin liquidity could exacerbate market moves today; Loonie craves a strong GDP print; euro CPI could surprise on the downside; Tokyo CPI boosts the yen; the BoJ rate hike gains momentum
XM Group
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3 h 29 min atrás
XRP soars, while Ethereum faces selling pressure
Expert market comment made by Chief Market Analyst Alex Kuptsikevich of the FxPro Analyst Team: XRP soars, while Ethereum faces selling pressure
FxPro
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4 h 0 min atrás
EBC Markets Briefing | Aussie muted against Kiwi amid tariff threat
The Aussie was flat against the Kiwi on Friday as the inflation gap narrowed, with Trump's tariff threats weighing on commodity currencies.
EBC Financial Group
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4 h 11 min atrás
Japanese Yen Strong on Heighten Likelihood of BoJ Rate Hike
The Japanese yen strengthened further following an upbeat Tokyo CPI reading above 2%, reinforcing expectations of a potential BoJ rate hike. USD/JPY fell below the 150 level as market sentiment shifted. Meanwhile, the dollar remained subdued after Wednesday’s PCE report, with the Dollar Index retreating from the 106 mark, reflecting expectations of steady Fed policy.
PU Prime
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6 h 32 min atrás
Daily Global Market Update
GBP/USD sideways, bullish CCI. Bitcoin -0.7%, bearish Ultimate Oscillator. Oil +0.3%, bearish Stochastic. AUD/USD stable, bullish ROC. Crypto thefts $1.5B in 2023, German inflation steady. Oil prices rise due to Middle East tensions and OPEC+ delays. Key events: Japan Household Spending, US Consumer Confidence, Eurozone GDP, UK Manufacturing PMI, OPEC Meeting Results.
Moneta Markets
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7 h 46 min atrás
EBC Markets Briefing | Oil prices meander on OPEC’s efforts
Oil prices steadied Thursday, supported by a US crude stock draw, after falling nearly 3% on ceasefire talks between Israel and Hezbollah.
EBC Financial Group
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1 dia atrás
Dollar extends retreat ahead of US Thanksgiving
Dollar traders lock more profits amid Thanksgiving Holidays - Probability of a December Fed pause eases somewhat - Yen climbs higher as BoJ hike bets remain elevated - Euro rebounds on ECB Schnabel’s hawkish remarks
XM Group
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1 dia atrás
Japanese Yen Climbs to Five-Week High Due to USD Weakness
The USD/JPY pair has dropped to 151.56, marking a five-week high for the yen. Market speculations fuel the currency's strength that the Bank of Japan (BoJ) might consider an interest rate hike as soon as December.
RoboForex
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1 dia atrás
