Analys

Dollar and gold rise in tandem as Fed rate cut bets pared back

Dollar and gold rise in tandem as Fed rate cut bets pared back

Dollar strengthens across the board after upbeat ISM as June cut hopes fade. Japan keeps up intervention rhetoric as yen stays under pressure. Gold undeterred by strong dollar, rebounds towards record high. Equities mixed ahead of crucial European and US data.
XM Group | 203 dagar sedan
Daily Global Market Update

Daily Global Market Update

In recent sessions, the gold dollar pair rose slightly, while the euro dollar pair and pound fell against the dollar. Bitcoin also experienced a decline. Global markets are monitoring the impact of stronger manufacturing data on treasury yields.
Moneta Markets | 203 dagar sedan
Gold prices storm to new record highs

Gold prices storm to new record highs

Gold cruises to new all-time high in thin holiday trading - Yen steady in a narrow range, dollar braces for key events - Stock markets keep rising, with some help from Chinese data
XM Group | 204 dagar sedan
Dollar Dominance: Fed's Hawkish Remarks

Dollar Dominance: Fed's Hawkish Remarks

The Dollar Index extended its upward trend, buoyed by hawkish remarks from Federal Reserve officials and robust inflation figures, including the Personal Consumption Expenditures (PCE) Price Index hitting 2.5% annually. Concurrently, safe-haven gold surged to record highs amidst subdued market sentiment, although concerns lingered regarding the Federal Reserve's inflation-fighting stance.
PU Prime | 204 dagar sedan
USDCAD pauses four-day slide

USDCAD pauses four-day slide

USDCAD pauses bearish correction near support area. Technical signals are weak amid holiday-thinned liquidity conditions. All eyes turn to the US core PCE inflation due at 12:30 GMT
XM Group | 207 dagar sedan
Core PCE inflation takes center stage

Core PCE inflation takes center stage

Dollar extends advance ahead of core PCE data - Dollar/yen stays on intervention watch - S&P 500 secures strongest Q1 in five years - Gold stretches to new record high
XM Group | 207 dagar sedan
Dollar Gains on Upbeat U.S. GDP Data

Dollar Gains on Upbeat U.S. GDP Data

The Dollar surged as upbeat U.S. GDP data, surpassing expectations at 3.4%, fueled speculation of a Federal Reserve pullback on anticipated rate cuts, heightening investor confidence in the currency. Concurrently, safe-haven gold experienced significant bullish momentum as investors hedged portfolios ahead of pivotal events despite the dollar's ascent.
PU Prime | 207 dagar sedan
GBP Consolidates Amid Concerns Over Economic Growth and Wage Trends

GBP Consolidates Amid Concerns Over Economic Growth and Wage Trends

The GBP/USD pair is currently consolidating, hovering around the 1.2631 mark. This consolidation phase follows recent reports highlighting a slowdown in the expansion plans of British businesses for workforce and wage growth, raising concerns about future economic dynamics and inflationary pressures.
RoboForex | 208 dagar sedan
Daily Global Market Update

Daily Global Market Update

In the latest session, the euro-dollar and dollar-yen pairs corrected slightly, while gold rose against the dollar and Meta stock declined. Sterling stumbled amidst business concerns, and the Dow led gains among major indexes. Oil prices fell due to increased US crude stockpiles. Key economic events today i
Moneta Markets | 208 dagar sedan
U.S. Equity Market Rally Ahead of GDP

U.S. Equity Market Rally Ahead of GDP

the U.S. equity market, led by the Dow Jones, gained more than 1% last night as institutional investors rebalanced their quarter-end portfolios and exhibited enthusiasm for equities.
PU Prime | 208 dagar sedan