Daily Global Market Update

EUR/USD is trending positive, gold price surges against USD, and Alibaba stock rises. Yen falls to a 38-year low, while US stock markets hit record highs. Watch out for upcoming economic releases from Japan, Australia, and Germany.
Moneta Markets | 107 дней спустя

EUR/USD's Positive Trend

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

 

 

USD/JPY's Market Indecision

The Dollar-Yen pair traded sideways in the last session. The ROC is giving a negative signal.

 

 

Gold's Strong Uptrend Against USD

The gold-dollar pair exploded 1.1% in the last session. According to the CCI, we are in an overbought market.

 

 

Alibaba's Stock Rise

Alibaba stock gained 1.8% in the last session. The CCI is giving a positive signal.

 

 

Global Financial Headlines

Yen hits a 38-year low against the US dollar; S&P 500 and NASDAQ reach record highs, fueled by data suggesting a potential slowdown in the economy, bolstering hopes for an upcoming Fed rate cut.

 

Upcoming Economic Highlights

Here's a brief rundown of today's anticipated economic releases:

• Japan's Monetary Base - 2350 GMT

• Japan's JP Foreign Reserves - 2350 GMT

• Australia's Trade Balance - 0130 GMT

• Germany's Factory Orders - 0600 GMT

• Japan's Overall Household Spending - 2330 GMT

• Australia's Imports - 0130 GMT

Регулирование: FSA (Seychelles), FSCA (South Africa)
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Daily Global Market Update

Daily Global Market Update

Euro/USD: Minor downward correction, oversold market. Dollar/Yen: Upward trend, positive signal. Gold/Dollar: Upward trend, overbought market. Nike: Upward trend, positive signal. Global: Canadian dollar rose, US stocks mixed, gold gained, Spain's IEX at highest since 2010. Upcoming: Australia's employment, Eurozone's inflation, Australia's unemployment, Dutch unemployment, Japan's tertiary index,
Moneta Markets | 2 дней спустя
EUR/USD Continues Downward Amid Economic Uncertainties

EUR/USD Continues Downward Amid Economic Uncertainties

EUR/USD has sustained its position below the EMA-200 line, indicating a potential shift into a more defined downtrend. Recent comments from Raphael Bostic, head of the Atlanta Federal Reserve, have influenced this movement. Bostic suggests a modest 25-basis-point cut in interest rates this year – contrary to earlier predictions of a more aggressive 50-point reduction.
RoboForex | 3 дней спустя
USDJPY faces a pass or fail test

USDJPY faces a pass or fail test

USDJPY extends consolidation around August’s bar. Technical signals weaken, cannot warrant a bullish trend reversal. US retail sales, jobless claims due on Thursday at 12:30 GMT
XM Group | 3 дней спустя
Daily Global Market Update

Daily Global Market Update

Gold rose slightly, while the Euro dipped. The Pound remained stable, but Bitcoin surged. US stocks rallied, and crude prices fell. Key economic events include UK's employment data, US Red Book Index, and German ZEW survey.
Moneta Markets | 4 дней спустя
EUR/USD Experiences Downward Pressure Amid Fed Rate Cut Speculations

EUR/USD Experiences Downward Pressure Amid Fed Rate Cut Speculations

EUR/USD has seen a slight downturn, correcting near the support level of 1.0905 as the market adjusts its expectations regarding the Federal Reserve's monetary policy. The probability of a 25-basis-point rate cut by the Fed in November currently stands at 86.8%, reflecting a cautious outlook for significant further easing this year.
RoboForex | 5 дней спустя