EBC Daily Snapshot Jun 7, 2024

The dollar hovered near an 8-week low Friday, awaiting a key US jobs report for Fed policy clues. Markets expect a 50 bps cut by year-end.

Düzenleme: FCA (UK), ASIC (Australia), CIMA (Cayman Islands)
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EUR/USD continues to struggle amid US inflation concerns

EUR/USD continues to struggle amid US inflation concerns

EUR/USD is on a downward trajectory on Friday, hovering around 1.0686 after a short-lived pause. The dollar experienced a temporary dip due to mixed American economic indicators and market anticipation ahead of the critical Core PCE inflation report, a significant factor in Federal Reserve decision-making.
RoboForex | 1 gün önce
Daily Global Market Update

Daily Global Market Update

The Pound rose slightly against the Dollar, while Bitcoin and Oil prices jumped. The AUD stayed flat. Crypto losses surged in Q2. US jobless claims dipped but beneficiary numbers rose. Oil futures climbed on supply disruption fears. Today's key economic releases include UK GDP, US personal income/spending, and Japan's construction/housing data.
Moneta Markets | 1 gün önce
USD Rebounds Amid Fed Commentary, AUD Eyes Potential Rate Hike

USD Rebounds Amid Fed Commentary, AUD Eyes Potential Rate Hike

The US dollar made a comeback yesterday, reversing its earlier declines. This recovery was largely driven by statements from Federal Reserve Governor Michelle Bowman, which balanced out the comments made by other Fed officials earlier in the week. Bowman highlighted the ongoing uncertainty in the inflation outlook, suggesting that a rate cut this year is premature.
ACY Securities | 2 gün önce
Forex Market Report - 28th June 2024

Forex Market Report - 28th June 2024

Our forex market report offers an overview of critical economic and financial events that impact the global forex markets. Traders should closely monitor developments to fine-tune their trading strategies accordingly.
DNA Markets | 2 gün önce