EBC Daily Snapshot Sep 18, 2024
The dollar wavered 18 Sep 2024 after US retail sales unexpectedly rose in August, and the Atlanta Fed raised its GDPNow estimate to 3% from 2.5%.
EBC Financial Group
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1 day ago
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EBC Daily Snapshot Sep 19, 2024
The US dollar fell on Thursday after the Fed's larger-than-expected rate cut, which Powell said was to maintain low unemployment.
EBC Financial Group
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9h 53min ago
Fed goes big with first rate cut; BoE takes the torch
Fed lowers interest rates by 50bps - New dot plot signals another 50bps cuts by December - Wall Street closes in the red, futures point to higher open - BoE and BoJ take the central bank torch
XM Group
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12h 44min ago
GBPUSD unlocks new high, but eyes remain on 1.3200
GBPUSD prints new high near 1.3300 after FOMC rate decision. Technical signals remain bullish but clear close above 1.3200 is needed. BoE expected to leave rates steady at 11:00 GMT.
XM Group
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12h 56min ago
Crypto market climbs out of the pit
Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Crypto market climbs out of the pit
FxPro
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13h 38min ago
EBC Markets Briefing | Wall St wobbles following bumper rate cut
Asian stocks rose after the Fed's rate cut, while US stocks fell amid volatility. Concerns grow that the cut signals economic trouble.
EBC Financial Group
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15h 13min ago
Eyes on Today’s BoE Policy Decision
The Federal Reserve's monetary policy decision was announced yesterday, aligning with market expectations for a more aggressive rate cut. This bold move sparked significant volatility in the market, with the Dollar Index (DXY) fluctuating by over 1% during the event.
PU Prime
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15h 49min ago
Daily Global Market Update
The EUR/USD pair remained stable, while the USD/JPY pair saw a minor upward correction. Gold fell against the dollar, and NIO shares plummeted. The Federal Reserve cut interest rates by half a percentage point, leading to a drop in the dollar and modest losses in US stocks.
Moneta Markets
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16h 53min ago
Strong data didn't derail markets from expectations of a 50bp Fed cut
Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Strong data didn't derail markets from expectations of a 50bp Fed cut
FxPro
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1 day ago