Analys
More Weakness for the USD to Come as the FED Cuts 25bps
The US dollar has experienced a slight decline, dropping by around 1.0% since its peak earlier last week. Recent economic data and signals from the Federal Reserve have increased the likelihood of a more significant interest rate cut at the Federal Open Market Committee (FOMC) meeting scheduled for September 18th.
ACY Securities
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73 dagar sedan
Temporary USD Bull Run, Bears Poised for a Comeback!
The US dollar saw a moderate uptick during Asian trading session yesterday, following the release of the much-anticipated August nonfarm payrolls report last Friday (06/09/2024).
ACY Securities
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73 dagar sedan
EURUSD Should Remain Stable Above 1.10 Level on ECB Meeting…
We’ve seen that euro (EUR) has demonstrated significant resilience against the U.S. dollar (USD) in the recent trading session, breaching the upper boundary of its previously well-established trading range.
ACY Securities
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73 dagar sedan
GBP/USD Under Pressure as Diverging Central Bank Policies Shape Market Sentiment
The British pound has come under renewed pressure against the US dollar, with the GBP/USD pair nearing the critical 1.3000 level. This represents a significant retracement from the late-August highs of around 1.3266, driven by the strengthening US dollar.
ACY Securities
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73 dagar sedan
Market Attention Shifts to the US Presidential Debate Between Trump and Harris
With both candidates running a tight race, the outcome of this debate could significantly influence election odds and, in turn, market movements. In past elections, it wasn’t always the specific policies that affected investor sentiment, but more often the broader perceptions of candidates' leadership qualities. Factors such as age, experience, and overall demeanour have been known to shape public
ACY Securities
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73 dagar sedan
Pound pressured by manufacturing
Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Pound pressured by manufacturing
FxPro
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73 dagar sedan
EBC Daily Snapshot Sep 11, 2024
On Wednesday, the yen surged to its highest level this year against the dollar after Harris and Trump debated ahead of the November election.
EBC Financial Group
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Equities are directionless ahead of US inflation report
Mixed movements in equities as markets prepare for CPI. Strong possibility for a downside surprise in inflation. US presidential debate dominates headlines. Bitcoin suffers while gold and yen rally
XM Group
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73 dagar sedan
Crypto: selling on growth continues
Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Crypto: selling on growth continues
FxPro
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73 dagar sedan
EBC Markets Briefing | Tropical storm offers loonie a respite
The Canadian dollar rose from a 3-week low as oil steadied, and the BOC cited challenges in hitting its 2% inflation target.
EBC Financial Group
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Will the ECB Cut or Hold? Octa Analyst shares his Opinion Ahead of the 12 September Meeting
The ECB’s 12 September meeting could be a turning point as Eurozone data sends mixed signals. With rising stagflation risks and wage growth pressures, the central bank faces a complex decision: should they cut rates to support growth or maintain their focus on battling inflation? Traders should be on high alert, as the outcome will significantly impact euro currency pairs.
OctaFX
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73 dagar sedan
All Eyes on U.S. CPI Today
Ahead of the highly anticipated U.S. CPI data release today, which the market is closely watching for clues on the Fed’s upcoming monetary policy moves, Wall Street remained largely unchanged in the previous session. The dollar index (DXY) faced rejection below the $102 mark, signalling that expectations of a Fed rate cut are weighing on the dollar's strength.
PU Prime
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74 dagar sedan
Daily Global Market Update
Bitcoin and gold experienced modest gains, while Meta stock and Australian dollar faced downward pressure. Global oil prices fell due to OPEC's revised demand forecast. The dollar weakened against major currencies ahead of key economic data. Investors are watching for upcoming economic events, including US inflation data and GDP figures.
Moneta Markets
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74 dagar sedan
Brent remains under pressure: China and rapid growth in OPEC+ production to blame
The oil market remains under pressure. A barrel of Brent oil declined to 71.80 USD by Tuesday. The commodity erased all early-week gains as fears of slowing demand in China outweighed the risk of energy shortages due to the storm in the Persian Gulf.
RoboForex
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74 dagar sedan
UK job market stronger than expected but weaker than the US
Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: UK job market stronger than expected but weaker than the US
FxPro
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74 dagar sedan
EBC Daily Snapshot Sep 10, 2024
The dollar held steady early Tuesday, with the euro little changed. A weaker jobs report boosts expectations for a 50 bps Fed cut this month.
EBC Financial Group
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74 dagar sedan
Equities rebound but face danger from US presidential debate
Equities turn positive, but sentiment is fragile. US presidential debate today could prove market moving. UK labour market data supports the pound. Bitcoin gains as risk sentiment improves, gold is range-bound
XM Group
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74 dagar sedan
Cautious rebound in cryptocurrencies
Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Cautious rebound in cryptocurrencies
FxPro
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74 dagar sedan
EBC Markets Briefing | US stocks firm after a nightmare week
US stocks rebounded Monday following the S&P 500's worst week of 2023, with investors focusing on inflation and its influence on potential rate cuts.
EBC Financial Group
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75 dagar sedan
U.S. Dollar Steady Ahead of CPI
The U.S. dollar remained stable in the last session as traders await Wednesday's key U.S. inflation data, which is expected to provide clues on the Federal Reserve's rate cut decision next week.
PU Prime
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75 dagar sedan
