EBC Daily Snapshot Jun 19, 2024

The dollar rose on weak retail sales data, hinting at Fed rate cuts; sterling climbed as UK inflation hit 2% for the first time in nearly 3 years.

EBC Financial Group
Type: STP, ECN
Regulation: FCA (UK), ASIC (Australia), CIMA (Cayman Islands), FSCA (South Africa)
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Yen and oil advances keep risk appetite muted 

Yen and oil advances keep risk appetite muted 

Dollar/yen drops to 154, supported by BoJ hike bets, but move looks stretched; Oil jumps again on ME newsflow; risk of $100 WTI oil price is rising; Markets prepare for Thursday’s buybacks and US data; Gold stabilizes at $4,400, bitcoin drops below $80k again;
XM Group | 9h 18min ago