EBC Daily Snapshot Jun 20, 2024
The dollar rose as Fed Governor Adriana Kugler sees policy as "sufficiently restrictive" to control inflation without major job market harm.
EBC Financial Group
|
809 days ago
EBC Financial Group
4.7
15 ulasan
Type: STP, ECN
Regulation: FCA (UK), ASIC (Australia), CIMA (Cayman Islands), FSCA (South Africa)
read more
EBC Markets Briefing | Yen extends strong rally as bears retreat
The yen hit a 7-month high as BOJ tightening bets, capital repatriation and carry-trade unwinding forced bearish investors to cover positions.
EBC Financial Group
|
11 minutes ago
Yen Hits 6-Month High, Volatility Returns After North American Holiday.
US markets were closed yesterday for a bank holiday, limiting overall market activity. The US dollar weakened as the Japanese yen surged, while crude oil extended gains amid escalating tensions in the Middle East. Iran warned it could target energy infrastructure across the region if the US launches further attacks on Iranian assets.
ATFX
|
17 minutes ago
USD/JPY Falls Below 154.000 as BOJ Rate Hike Bets Support Yen
The yen strengthens as markets reassess Japan’s rate outlook, while upcoming US inflation data could determine whether USD/JPY extends its decline or attempts a recovery.
VT Markets
|
40 minutes ago
USDJPY hits 7-month lows: recovery or bear trap?
USDJPY hit a 7-month low at 152.88! Oversold #Stochastic hints at a temporary bounce to 155.20 resistance, but RSI < 30 & a bearish SMA cross target 154.00 & 152.30. Invalidation above 155.80.
XM Group
|
1h 2min ago
US Debt, Inflation and the Fed: Markets Face a Critical Policy Test💥
Strong US employment has revived expectations of tighter Fed policy, but persistent inflation and a federal debt burden above $40 trillion complicate the outlook. With refinancing needs mounting and interest costs already elevated, markets face a difficult balance between economic resilience, price pressures and increasingly challenging fiscal arithmetic.
Headway
|
18h 30min ago
EUR/USD Holds Its Rising Channel as 1.1641 Breakout Awaits ECB and U.S. CPI
EUR/USD is trading around 1.1626 inside a rising 4-hour channel that has developed from the September swing low near 1.1584. Price remains above the rising 200-period WMA near 1.1597 and has recovered above the Bollinger basis, preserving the short-term sequence of higher reaction lows. The setup is constructive, but not yet impulsive.
Errante
|
18h 47min ago
The S&P 500 is moving away from record highs
Strong NFP data of 162K backfired on equities as the Fed rate hike narrative strengthened, sending the S&P 500 lower despite a calm VIX. Utilities are flashing a warning signal, having peaked before the broader market in 21 of 30 bull markets since 1930, while rising Treasury yields and Trump's pressure on the Fed continue to weigh on investor sentiment.
FxPro
|
19h 30min ago
Gold, EURUSD, OIL
US CPI data Set to Dictate Gold’s direction; ECB rate decision and EURUSD: Policy guidance in focus; Middle East conflict elevate WTI Crude oil
XM Group
|
20h 29min ago
