Daily Global Market Update

Euro Dollar stable; Dollar Yen up 0.2%; Gold unchanged. Volkswagen shares rise 0.9%. Dollar Index dips post-Fed minutes. Japanese stocks approach record levels; US stocks see hedge fund selling. Key events: US Jobless Claims, Chicago Fed Index, ECOFIN, France Manufacturing Climate, Japan PMIs.

Moneta Markets | 282 dagar sedan

Euro Dollar's Steady Course

Euro Dollar remained largely unchanged in the last session. The Stochastic RSI suggests an overbought market condition.

Dollar Yen's Positive Momentum

Dollar Yen experienced a slight increase of 0.2% against the yen in the last session. The RSI indicates a positive market trend.

Gold's Stability

Gold Dollar price remained largely unchanged in the last session. The RSI indicates a positive market signal.

Volkswagen's Stock Surge

Volkswagen's stock rose by 0.9% in the last session, indicating an overbought market according to the Williams %R indicator.

Market Insights

The Dollar Index edged lower after minutes from the Federal Reserve's January meeting, with policymakers wary of cutting interest rates too soon. Japanese stocks, nearing record levels, remain far from overpriced compared to historic levels. Meanwhile, hedge funds have been net sellers in US stocks, as indicated by recent Bank of America data.

Economic Events to Watch

Today’s key economic releases include:

• US Initial Jobless Claims - 1330 GMT

• US Chicago Fed National Activity Index - 1330 GMT

• Eurozone's ECOFIN Meeting - 0700 hours GMT

• French Business Climate in Manufacturing - 0745 GMT

• Japan's Jibun Bank Services PMI - 0030 GMT

• Japan's Jibun Bank Manufacturing PMI - 0030 GMT

Förordning: FSA (Seychelles), FSCA (South Africa)

Taggar: Analys

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 | 21h 45minuter sedan

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 | 22h 16minuter sedan

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 | 22h 26minuter sedan

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 | 1 dag sedan