EBC Daily Snapshot Sep 24, 2024
The dollar wobbled Tuesday as traders boosted bets on future US interest-rate cuts after the Fed signaled more cuts ahead this year.
EBC Financial Group
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7h 20min ago
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China's stimulus boost yuan and shares
Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: China's stimulus boost yuan and shares
FxPro
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4h 46min ago
EBC Markets Briefing | Labour’s first budget threatens sterling pizazz
On Tuesday, the British pound held a two-and-a-half-year high due to a hawkish BOE, but strategists warn the UK budget could impact sentiment.
EBC Financial Group
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7h 37min ago
China’s stimulus blitz supports positive equities sentiment
Dollar tries to recover as Fedspeak favors further cuts. China announces new measures, positive initial market reaction. Aussie benefits from another hawkish RBA meeting. Gold, oil and pound rallies continue
XM Group
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8h 10min ago
AUD/USD Reaches Yearly High Amid Positive Stimulus News from China
The AUD/USD pair tested the 0.6860 mark on Tuesday, reaching its highest point in 2024, bolstered by supportive economic news from China. The People's Bank of China (PBoC) announced stimulus measures to boost the Chinese economy.
RoboForex
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8h 28min ago
Bitcoin keeps at heights, Litecoin pushes back from resistance
Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Bitcoin keeps at heights, Litecoin pushes back from resistance
FxPro
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8h 40min ago
Daily Global Market Update
Gold prices rose slightly, while the euro declined against the dollar. The pound gained slightly, and bitcoin's price was volatile. Wall Street's main indexes rose, and China's Bitcoin mining dominance persists.
Moneta Markets
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11h 45min ago
The Question Everyone Wants an Answer: FOMC 50bps cut or 25bp cut?
The recent fluctuations in global financial markets highlight the growing anticipation surrounding the Federal Open Market Committee’s (FOMC) upcoming rate decision that will be at 4am on Thursday Australia time.
ACY Securities
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12h 47min ago
A 25bps Cut and Bullish USD, how is that Possible?
The recent weakness in the U.S. dollar, as observed ahead of the Federal Reserve's anticipated rate cut, aligns with historical precedents. This trend often signals the market's expectation of forthcoming monetary easing, a phenomenon that has been consistently documented over time.
ACY Securities
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12h 47min ago
