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Dollar Flat, Eye on Pivotal Economic Data

Dollar Flat, Eye on Pivotal Economic Data

The Dollar Index retreated from resistance levels, as market participants applied profit-taking strategies ahead of crucial events. With attention shifting towards the pivotal Producer Price Index (PPI) and retail sales figures, investors seek insights into the economy's trajectory and potential interest rate adjustments by the Federal Reserve.
PU Prime | 554 hari yang lalu
USD/JPY stuck inside a key range

USD/JPY stuck inside a key range

USD/JPY trades sideways in anticipation of next week’s key events; USD/JPY’s correction halted a tad above the 200-day SMA; Momentum indicators support the bearish trend but with less conviction
XM Group | 555 hari yang lalu
Daily Global Market Update

Daily Global Market Update

Bitcoin down 1.9%, Meta shares up 1%, AUD/USD minor dip, gold fell 1.2%. Oil prices rose amid Middle East tensions, dollar slightly up, yen drops. VanEck's Bitcoin ETF gains $119 million. Economic events: US MBA Mortgage Apps, UK Industrial/Mfg Production, Germany's 10y Bond Auction, Eurozone Industrial Production, Japan Foreign Bond Investment.
Moneta Markets | 555 hari yang lalu
Investors lock gaze on US inflation data

Investors lock gaze on US inflation data

Dollar trades cautiously ahead of inflation numbers - Yen pulls back on Ueda’s and Suzuki’s remarks - Pound retreats but BoE still expected to cut rates after Fed - S&P 500 and Nasdaq slide, Bitcoin hits new record high
XM Group | 556 hari yang lalu
Daily Global Market Update

Daily Global Market Update

EUR/USD down, Stochastic RSI signals decline. Gold sideways, overbought. GBP/USD -0.3%, conflicts with analysis. Bitcoin +5%, positive Stochastic RSI. S&P 500, NASDAQ slight declines, awaiting data. UK's FCA approves crypto ETNs. Reddit targets $6.4B IPO. Economic highlights: US CPI, budget, Germany's HICP, Eurozone ECOFIN, UK labor.
Moneta Markets | 556 hari yang lalu
Financial Market Stall Ahead of CPI

Financial Market Stall Ahead of CPI

The U.S. financial markets are in a state of poised observation as they await the imminent release of the Consumer Price Index (CPI) data later today.
PU Prime | 556 hari yang lalu