EBC Daily Snapshot Oct 8, 2024
The dollar held seven-week highs on Tuesday as investors cut rate-cut bets after a strong jobs report, while Middle East tensions weighed on it.
EBC Financial Group
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86 days ago
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EBC Markets Briefing | Rand weakness resumes to begin 2025
The South African rand erased early gains on Thursday, extending December's weakness, but could rally, according to the options market.
EBC Financial Group
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3h 36min ago
Gold prices hit the best annual performance since 2010 Let‘s focus on US employment data for the day
During the New Year holiday, trading of precious metals, US crude oil, foreign exchange, and stock index futures contracts under CME was suspended for the whole day
CWG Markets
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3h 41min ago
Inflationary pressures are easing in Indonesia. Oil prices rise amid falling inventories
Major indices closed 2024 with mixed results. US indices like the S&P 500 saw strong gains, while the Mexican peso weakened. European and Asian markets showed varied performances. Key economic data releases, including US Manufacturing PMI, will influence early 2025 market trends.
Moneta Markets
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3h 54min ago
Dollar starts 2025 on a cautious note
Dollar opens lower, but outlook remains unchanged; Fed’s hawkish stance remains a supportive variable; Yen traders split on January BoJ rate hike; Wall Street pulls back but wraps up strong year;
XM Group
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5h 29min ago
Yen Shows Short-Term Appreciation Potential
Japan’s finance minister and Japan’s top foreign exchange diplomat said in separate media briefings that officials are concerned about “excessive” exchange rate fluctuations and are ready to take “appropriate action.”
Ultima Markets
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7h 59min ago
ATFX Market Outlook 2nd January 2025
Global markets were closed on Wednesday for New Year's Day. The US dollar index ended 2024 at a two-year high, up 8%, the best performance in nearly a decade. Spot gold rose more than 27%, its most significant annual increase since 2010. In contrast, international oil prices dropped about 3% for the second consecutive year.
ATFX
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7h 59min ago
USDJPY starts the New Year with a selloff
USDJPY is edging lower today; It continues to hover slightly below the key 158 level; Momentum indicators show signs of weakness;
XM Group
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8h 29min ago
Dollar Start the Year with Strong Momentum
The U.S. dollar delivered a strong performance in 2024, with the dollar index gaining approximately 7%, and it started 2025 on a positive note, hovering near its recent highs. The dollar remains supported by the Fed’s cautious approach to monetary policy, with hawkish expectations weighing on equities.
PU Prime
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9h 53min ago
