Daily Global Market Update

Bitcoin dipped slightly, while Tesla shares faced overbought conditions. The Aussie dollar and gold showed positive momentum. OPEC's increased oil output and Fed's dovish stance impacted currencies. Cryptocurrency exchanges thrived in 2024, with Binance leading. Key economic events include Japan's labor earnings, US retail sales, UK's BRC sales, Eurozone's GDP, and Germany's industrial production.

Moneta Markets | 97 dagar sedan

Bitcoin's Minor Decline

Bitcoin dipped slightly by 0.1% against the dollar in the last trading session. The Williams Percent Range indicator is currently signalling a negative trend.

Tesla Shares Face Overbought Conditions

Tesla shares dropped by 0.6% in the last session. The Commodity Channel Index (CCI) suggests the market is in an overbought condition.

Aussie Dollar's Positive Momentum

The AUD/USD pair rose by 0.2% in the last session. The MACD is giving a positive signal, indicating potential bullish momentum.

Gold's Minor Upward Correction

The gold-dollar pair experienced a slight rise of 0.1% in the last session. The MACD is indicating a positive trend, reflecting bullish sentiment in the market.

Key Market Highlights

OPEC oil output increased for the second consecutive month, driven by Libya's production recovery amidst resolved political tensions. Sterling strengthened against the dollar following dovish comments by the Federal Reserve, while the euro held steady due to ongoing political uncertainty in France. Cryptocurrency exchanges saw significant growth in 2024, with Binance leading the surge in average daily Bitcoin deposits, outpacing Kraken and Coinbase.

Upcoming Economic Events

Traders should keep an eye on the following economic updates:

• Japan's Labour Cash Earnings - 2330 GMT

• US Red Book Index - 1355 GMT

• UK's BRC Retail Sales - 0001 GMT

• Eurozone's GDP Growth - 1000 GMT

• Germany's Industrial Production - 0700 GMT

Förordning: FSA (Seychelles), FSCA (South Africa)

Taggar: Analys AUDUSD

Market Update: March 5, 2025

Markets are showing mixed signals today—energy prices are softening, while currency pairs like USD/JPY and AUD/USD are testing key levels. Stay tuned for further developments as economic data and geopolitical events continue to shape the landscape.

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Daily Global Market Update – 28th Feb 2025

Risk aversion grips markets as the Nasdaq plunges to 20,576, weighed down by Nvidia’s selloff and Apple’s ESG lawsuit. AUD/USD eyes 0.6200, while USD/JPY hovers near 149.50 ahead of key U.S. PCE data. Gold breaks $2,890 support, vulnerable to further losses. With uncertainty high, traders brace for volatility into the weekend. Stay tuned for updates!

Moneta Markets | 11 dagar sedan

EURUSD, USDJPY, AUDUSD

General election results send EURUSD and EU indices higher; US core PCE index may help greenback; Australia’s monthly CPI after RBA rate cut; AUDUSD remains below 0.6400

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AUDUSD Analysis: RBA will cut interest rates

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the AUDUSD for FEB 18, 2025.

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Hawkish Australian Cut Helps AUD

Expert market comment made by Chief Market Analyst Alex Kuptsikevich of the FxPro Analyst Team: Hawkish Australian Cut Helps AUD

FxPro | 21 dagar sedan

RBA Poised to Reduce Cash Rate by 25 Basis Points

The Reserve Bank of Australia is widely anticipated to deliver its first rate cut in four years this week as the AUDUSD locks horns with daily resistance!

FP Markets | 22 dagar sedan

Australian Dollar Recovers, But Risks Remain High

The AUD/USD pair rebounded to 0.6199 on Tuesday, recovering some losses. Earlier in the week, the Australian dollar tested multi-year lows as investors distanced themselves from riskier assets amid concerns over US tariffs on Canada, Mexico, and China.

RoboForex | 35 dagar sedan

Daily Global Market Update

Bitcoin dipped 0.1% despite earlier gains, while Amazon rose 2% but entered overbought territory. The Australian dollar fell 0.2% despite a positive MACD signal, and gold gained 0.7%. Oil prices declined amid easing Libyan supply concerns, and the US dollar strengthened against the yen. Trump’s tariff plans and digital finance policies sparked EU concerns over US dominance in stablecoins.

Moneta Markets | 41 dagar sedan

EURUSD	1.09023	GBPUSD	1.29244	AUDUSD	0.62898
USDJPY	148.213	USDCAD	1.44468	USDCHF	0.88363