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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10 days ago
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Weak Chinese data paves the way for lower yuan
Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Weak Chinese data paves the way for lower yuan
FxPro
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4h 18min ago
Slow start to the week ahead of the Fed meeting
Mixed movements in FX but the yen remains on the front foot. Stocks recorded their best weekly performance of 2024. Another assassination attempt against Trump. Bitcoin suffers while gold reaches a new all-time high
XM Group
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8h 21min ago
EUR/USD Gains as Fed Meeting Approaches
EUR/USD is showing signs of strengthening, currently trading around 1.1088 on Monday. The pair saw significant gains at the end of last week, driven by mounting speculation over the Federal Reserve's upcoming interest rate decision.
RoboForex
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9h 26min ago
A new local peak in crypto?
Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: A new local peak in crypto?
FxPro
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9h 37min ago
Dollar Ease While Gold Records All-time High
U.S. Dollar (USD) has been under pressure due to growing speculation that the Fed might implement a larger rate cut in its upcoming policy decision on Wednesday.
PU Prime
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11h 43min ago
Daily Global Market Update
The oil/dollar pair saw a slight decline, while the Australian dollar and euro experienced minor fluctuations. The dollar/yen remained stable. The Federal Reserve's upcoming monetary policy meeting is a focal point, with the S&P 500 approaching its July record high. Intel Corp qualified for federal grants to manufacture semiconductors, while Nvidia's stock surge has raised market concerns.
Moneta Markets
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12h 32min ago
An Overview on the Market Before Decisive ECB Rate Cuts, Where Will the EUR Go?
DXY remained relatively calm before the USA CPI on Asia and London trading session, near the resistance level at 102.00. This resistance acted as a psychological barrier, preventing the DXY from gaining further upward momentum. Market participants are closely watching this threshold, as a decisive break above could signal a new bullish trend for the dollar.
ACY Securities
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15h 6min ago
Dollar Declines, Euro Gains, and China Prepares for Monetary Easing
Global financial markets showed encouraging signs of recovery as risk assets experienced a resurgence, gold prices reached unprecedented highs, and the Dollar faced a notable decline. This positive shift in market sentiment came as investors appeared to move past lingering recession fears, opting instead to focus on more favourable economic signals. In Europe, the European Central Bank (ECB) took
ACY Securities
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15h 8min ago