Analysis
Soft PCE inflation keeps rate cut hopes alive, but markets stay cautious
US core PCE rises at slowest monthly pace since May, lifting sentiment. Wall Street bounces back but caution persists, dollar stands tall. Yen halts freefall for now, but thin holiday trading poses a risk.
XM Group
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16h 55min ago
EBC Markets Briefing | Stagflation may lie ahead for sterling
Sterling neared a one-month low as UK-US policy gap narrowed, with the Fed’s hawkish tone surprising markets, partly due to Trump’s unpredictability.
EBC Financial Group
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17h 49min ago
Bitcoin Fell Back to Local Support
Expert market comment made by Chief Market Analyst Alex Kuptsikevich of the FxPro Analyst Team: Bitcoin Fell Back to Local Support
FxPro
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19h 6min ago
Daily Global Market Update
Oil-Dollar rose 0.5%, Stochastic positive. Aussie Dollar up 0.2%, ROC negative. Euro gained 0.6%, Ultimate Oscillator negative. Dollar-Yen fell 0.6%, Stochastic RSI overbought. China held lending rates. Neo to launch EVs in Europe. Wall Street surged on easing inflation. Gold soared, yields down.
Moneta Markets
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20h 59min ago
Dollar Slides after Soft PCE Releases
The U.S. PCE reading released last Friday missed expectations, shifting market sentiment and introducing uncertainty at the start of the new trading week.
PU Prime
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1 day ago
Dollar takes a breather ahead of PCE inflation data
Dollar pulls back, but data corroborate Fed’s hawkish stance - Yen bleeding stops after Japan’s CPI data reveal acceleration - Pound weakens as three BoE policymakers voted for a rate cut - Wall Street set to open lower on risk of a US government shutdown
XM Group
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3 days ago
Brent Oil Under Pressure Again: USD and China in Focus
Brent crude oil prices fell below 73 USD per barrel on Friday, reflecting ongoing downward pressure.
RoboForex
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3 days ago
Daily Global Market Update
Pound weakened against the dollar, Bitcoin declined, and oil prices remained stable. The Australian dollar recovered, and the global financial landscape saw increased cryptocurrency hacking and mixed economic signals. Key economic events to watch include Japanese and European data releases.
Moneta Markets
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3 days ago
Dollar Bolsters by Upbeat U.S. Economic Indicators
Following the hawkish remarks from the Fed on Wednesday after the interest rate decision, the upbeat U.S. economic indicators released yesterday have further boosted the U.S. dollar, driving it to a two-year high.
PU Prime
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4 days ago
ATFX Market Outlook 19th December 2024
The U.S. central bank lowered interest rates on Wednesday, as expected. Federal Reserve Chair Jerome Powell indicated that further cuts would depend on progress in reducing high inflation. His remarks suggest policymakers are considering potential economic changes under the Trump administration.
ATFX
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4 days ago
The Fed's reduced rate cut forecast boosted the dollar, dropping gold by $60 below $2600.
On Wednesday, the Federal Reserve unexpectedly halved its expectation of a rate cut next year, causing the US dollar index to violently rise 120 points and ultimately close up 1.228% at 108.26
CWG Markets
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4 days ago
EBC Markets Briefing | Powell has not killed the bull market
US stocks plunged, with the Dow Jones hitting a record low. Many strategists see potential for further gains, while Tesla's stock hit a new high.
EBC Financial Group
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4 days ago
NZD/USD at a New Low: The Problem is the US Dollar and Local GDP
NZD/USD has dropped to its lowest level since October 2022, trading around 0.5620. The currency pair is under pressure from two major factors: the strengthening US dollar and New Zealand’s weak domestic economic data.
RoboForex
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4 days ago
EBC Markets Briefing | Gold licks wounds after Fed turns hawkish
Gold rallied over 1% on Thursday in early Asian hours, ahead of a key inflation report, with a 30% gain year-to-date, outpacing US stocks.
EBC Financial Group
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4 days ago
Will GBPUSD make a comeback after post-Fed tumble?
GBPUSD shows some recovery after three-week low. Technical signals reflect persisting selling interest. BoE rate decision next in focus at 12:00 GMT.
XM Group
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4 days ago
Markets adjust to the revised Fed rates outlook
Fed cuts rates, dents easing expectations for 2025; Dollar benefits but risk sentiment suffers; BoJ keeps rates unchanged, yen weakness continues; BoE to stand pat, the pound’s recent gains could be under threat;
XM Group
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4 days ago
Dollar Jumps on Fed’s Hawkish Remark
The FOMC interest rate decision yesterday triggered significant market volatility, with all eyes on the Federal Reserve's hawkish stance.
PU Prime
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4 days ago
Daily Global Market Update
EUR/USD stagnated with a negative MACD, while USD/JPY rose 0.1% with a positive RSI. Gold fell 0.3% with a negative Stochastic, and Volkswagen gained 0.1% with a positive MACD. Oil rose on falling US crude inventories, limited by the Fed's 25 bp rate cut to 4.25%-4.5%.
Moneta Markets
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4 days ago
Why the USD is Soaring While the JPY Falters
The US Dollar, has proven to be a steadfast performer, maintaining its dominance in the global currency markets. As the Federal Reserve prepares for its final policy decision of the year, the USD has been trading near a critical resistance level of 107.00 on the dollar index.
ACY Securities
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5 days ago
Global Currency Trends: What They Reveal About the World Economy
The EUR, one of the most traded currencies globally, has hit a rough patch EUR is now facing its largest short position in five years, a clear sign that investor sentiment is wavering. But why is this happening?
ACY Securities
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5 days ago
