Daily Global Market Update

The EUR/USD pair remained stable, while the USD/JPY pair saw a minor upward correction. Gold fell against the dollar, and NIO shares plummeted. The Federal Reserve cut interest rates by half a percentage point, leading to a drop in the dollar and modest losses in US stocks.

Moneta Markets | 27天前

EUR/USD Remains Stable

The EUR/USD pair remained largely unchanged in the last session. The Stochastic RSI indicates that the market is currently overbought.

USD/JPY's Minor Upward Correction

The USD/JPY pair made a minor upward correction in the last session, gaining 0.1%. The Ultimate Oscillator is currently giving a positive signal.

Gold's Decline Against the Dollar

Gold fell by 0.5% against the dollar in the last session. The Stochastic RSI is giving a negative signal.

NIO Shares Plummet

Shares of NIO plummeted 7.7% in the last session. The Commodity Channel Index (CCI) is giving a negative signal.

Global Financial Headlines

The dollar dropped after the Federal Reserve cut interest rates by half a percentage point, citing great confidence that inflation will continue to recede to the US Central Bank's 2% annual target. This larger-than-usual reduction in borrowing costs followed growing unease about the health of the job market. US stocks closed with modest losses, well off their intraday highs, after the Federal Reserve's decision, which marked its first cut in more than four years.

Upcoming Economic Highlights

Key economic events to look out for include:

• Dutch Unemployment Rate - 0430 GMT

• Germany's German Buba Monthly Report - 1000 GMT

• Australia's Unemployment Rate - 0130 GMT

• UK's GfK Consumer Confidence - 2301 GMT

• US Initial Jobless Claims - 1230 GMT

• Australia's Employment Change - 0130 GMT

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

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 | 18小时22分钟前

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 | 19小时32分钟前

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 | 1天前

Wall Street Bullish as Market Confidence on Earnings Performance

Wall Street extended its gains, with the Dow Jones and S&P 500 both continuing to reach all-time highs as the U.S. equity market enters the Q3 earnings season.

PU Prime | 1天前

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 | 2天前

Will USDJPY Break Through 150 Level?

The Japanese yen (JPY) has recently experienced pronounced depreciation, a trend largely attributed to the sharp rise in U.S. Treasury yields following a robust U.S. jobs report released in early October.

ACY Securities | 2天前

Dollar Holds Firm, But Will the Strength Persist?

The Dollar Index remains volatile as mixed economic data sparks uncertainty around Federal Reserve policy. While stronger-than-expected CPI and job numbers initially boosted the dollar, a lower-than-anticipated PPI reading has led to speculation about a cautious Fed stance on rate cuts.

PU Prime | 2天前

Oil Prices Surge on Heightened Geopolitical Tension

Oil experienced heightened volatility in yesterday's session, with prices surging more than 3% as geopolitical risks escalated. The market reacted to reports that Israel plans to attack Iranian oil facilities, while the Houthis, a military rebel group, allegedly attacked an oil tanker in the Red Sea, raising concerns over potential disruptions to global oil supply.

PU Prime | 5天前

EURUSD	1.08524	GBPUSD	1.29815	AUDUSD	0.66851
USDJPY	149.47	USDCAD	1.3764	USDCHF	0.86599