EBC Daily Snapshot Sep 6, 2024
On Friday, the US dollar fell to a one-week low as mixed job market signals emerged before key payroll data likely to influence Fed policy.
EBC Financial Group
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131 days ago
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Soft PPI adds to dollar’s pullback, CPI report up next
US PPI figures raise hopes of downside surprise in CPI data. Dollar on the backfoot, yen soars as BoJ rate hike bets gather pace. Pound whipsaws on surprise cooldown in UK inflation. Stocks extend cautious recovery, gold up too.
XM Group
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1h 46min ago
Daily Global Market Update
Bitcoin surged 2.3% with bullish signals, while NIO fell 0.8%, reflecting bearish sentiment. The AUD/USD rose slightly, showing potential for further gains, and gold increased 0.4% despite cautious signals. Oil prices dipped amid steady demand forecasts, the dollar remained strong, and USD Coin's market cap surged 78%. Key economic events include bond auctions, price indices, and GDP data.
Moneta Markets
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2h 10min ago
USDJPY at a crossroads ahead of US CPI inflation
USDJPY slips toward key support region of 156.65. Technical signs reflect falling buying appetite. US CPI inflation figures due for release at 13:30 GMT.
XM Group
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2h 48min ago
Confident XRP Fuels Crypto Optimism
Expert market comment made by Chief Market Analyst Alex Kuptsikevich of the FxPro Analyst Team: Confident XRP Fuels Crypto Optimism
FxPro
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3h 32min ago
EBC Markets Briefing | Sterling eased amid bond turmoil
The British pound struggled on Wednesday after ending a five-day decline, with concerns over Britain's fiscal sustainability weighing on the currency.
EBC Financial Group
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3h 38min ago
Australian Dollar Gains, but Rate Uncertainty Limits Potential
The AUD/USD pair climbed to 0.6192 midweek, reflecting cautious optimism in the market. Traders remain vigilant ahead of key December inflation data from the US, which could influence expectations regarding the Federal Reserve’s potential interest rate cuts in 2025.
RoboForex
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4h 20min ago
USDJPY continues to soar, beware of the 159 price level
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USDJPY for JAN 7, 2025.
Ultima Markets
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6h 36min ago
Gold prices fell into triangle conversion
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the GOLD for JAN 8, 2025.
Ultima Markets
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6h 36min ago