Analys
Daily Global Market Update
GBP/USD sideways, Stochastic oversold; BTC/USD plummeted, MACD negative; Oil/USD surged, Stochastic positive; AUD/USD gained modestly, CCI oversold; Bitcoin negative, 63,000 BTC sent to exchanges; Oil prices jumped due to US fuel use, Middle East risks, growing energy demand; Gold prices extended gains as traders anticipate Fed rate cut.
Moneta Markets
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43 dagar sedan
US data: Stubborn inflation vs jobs warning bell
Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: US data: Stubborn inflation vs jobs warning bell
FxPro
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43 dagar sedan
US inflation will determine the dollar's next move
Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: US inflation will determine the dollar's next move
FxPro
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43 dagar sedan
EBC Daily Snapshot Oct 10, 2024
The US hovered near a two-month high on Thursday as markets grew confident in the Fed's patient monetary policy ahead of a key inflation report.
EBC Financial Group
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43 dagar sedan
Analysis of the New Zealand Dollar's After a 50bp from RBNZ
In a surprising move, the RBNZ reduced its official cash rate (OCR) by 50 basis points, bringing it down to 4.75%. This cut was notably larger than the incremental adjustments seen in previous months, signalling a decisive shift in the central bank’s policy stance.
ACY Securities
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43 dagar sedan
Wall Street hits new record after Fed minutes, CPI eyed next
Fed minutes show split over September cut but Wall Street rallies. Dollar eases from near 2-month high as focus turns to CPI report. Gold and oil steadier after recent losses
XM Group
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43 dagar sedan
AUD/USD Stabilises Near Monthly Low Amid Mixed Signals
The AUD/USD pair has halted its nearly continuous seven-day decline, stabilising around 0.6730 on Thursday. This level marks the monthly low for the Australian dollar, which has faced significant pressures lately due to a strengthening US dollar and uncertainties in China, Australia's largest trading partner.
RoboForex
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43 dagar sedan
EBC Markets Briefing | Chinese stocks undergo a good test
Chinese stocks steadied Thursday after a sell-off, with analysts noting future momentum will depend more on fiscal policy than on monetary support.
EBC Financial Group
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43 dagar sedan
The rising dollar spooked crypto
Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: The rising dollar spooked crypto
FxPro
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43 dagar sedan
Daily Global Market Update
The EUR/USD declined slightly, while the USD/JPY surged. Gold corrected, and NIO's shares rose. The Canadian dollar weakened, and US home loan rates increased. European stocks rebounded, anticipating interest rate cuts. Key economic events include US CPI and jobless claims, Finland's industrial output, Austrian industrial production, Japan's money supply, and Australia's inflation expectations.
Moneta Markets
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44 dagar sedan
RBNZ accelerates policy easing, sending NZD into knockout phase
Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: RBNZ accelerates policy easing, sending NZD into knockout phase
FxPro
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44 dagar sedan
EBC Daily Snapshot Oct 9, 2024
The dollar moved sideways Wednesday, easing pressure on other currencies after last week's rally, while the loonie lingered near a seven-week low.
EBC Financial Group
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44 dagar sedan
RBA Economic Outlook and Monetary Policy Decisions
The RBA’s recent meeting minutes reflect a cautious but data-driven approach to managing Australia’s economic environment. Members noted that economic conditions had broadly aligned with expectations, with both inflation and GDP growth showing predictable trends. However, concerns remain regarding underlying inflation and slower-than-expected household consumption.
ACY Securities
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44 dagar sedan
How Chinese Market is Shaping Australian Dollar Bearish Trend
The Australian dollar has recently emerged as one of the weakest performers among the G10 currencies, reflecting broader shifts in market sentiment that extend beyond Australia’s borders.
ACY Securities
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44 dagar sedan
Analysing the Recent NFP Data and How it Will Influence the Global Monetary Policy Dynamics
The U.S. dollar has seen a remarkable resurgence following the release of stronger-than-expected nonfarm payrolls (NFP) data for September.
ACY Securities
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44 dagar sedan
Dollar seeks direction amidst tepid market conditions
Fed speakers and minutes in the spotlight today; Dollar’s rally pauses, but oil and gold suffer losses; RBNZ cuts rates by 50bps, kiwi weakens; China schedules another press conference as local stocks plunge
XM Group
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44 dagar sedan
The Crypto Maintains Its Equilibrium
Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: The Crypto Maintains Its Equilibrium
FxPro
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44 dagar sedan
EBC Markets Briefing | US stocks gain amid Wall St bullish views
US stocks rallied on Friday as investor confidence in a soft landing grew. The escalating Middle East conflict may shift funds from Europe to the US.
EBC Financial Group
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44 dagar sedan
NZD/USD Hits Seven-Week Low Amid Ongoing Sell-off and RBNZ Rate Cuts
The NZD/USD pair has dropped to a seven-week low, touching 0.6091, as the sell-off that started on 1 October continues to intensify. The New Zealand dollar's weakness is largely attributed to the Reserve Bank of New Zealand's (RBNZ) recent decisions to lower interest rates in response to decreasing inflation pressures.
RoboForex
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44 dagar sedan
Gold Prices Plunge on Fed’s Hawkish Prospect
In commodities, gold faced heavy selling pressure, dropping to a two-week low. The prospect of a more hawkish Fed, which favours a stronger dollar, is weighing on gold prices. Oil prices also took a hit, driven by an unexpected 10.9 million-barrel build in U.S. crude inventories. Additionally, soft holiday data from China added to the negative sentiment surrounding oil prices.
PU Prime
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45 dagar sedan