Forex Market Report - 1st July 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
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859 hari yang lalu
1. US Economic Indicators
- Non-Farm Payrolls: Stronger-than-expected growth could bolster USD.
- ISM Manufacturing Index: Any unexpected weakness might signal economic slowdown, affecting USD negatively.
- Fed Commentary: Hawkish statements from Fed officials could increase USD demand.
2. Eurozone Developments
- Inflation Data: Rising inflation could lead to ECB tightening, supporting the Euro.
- German Industrial Production: A decline might weaken the Euro due to concerns over Europe's largest economy.
- ECB Policy Meeting Minutes: Insights into future monetary policy could impact EUR pairs.
3. UK Market Movements
- BOE Interest Rate Decision: An anticipated rate hike could strengthen GBP.
- Brexit Trade Negotiations: Any negative news could put pressure on the GBP.
- UK GDP Growth: Strong growth figures can boost confidence in the GBP.
4. Asia-Pacific Updates
- China's Manufacturing PMI: Weak data might signal economic issues, affecting AUD and NZD.
- RBA Interest Rate Decision: A dovish stance might weaken the AUD.
- Japan's Consumer Confidence: Improving sentiment can strengthen the JPY.
5. Commodity Market Influence
- Crude Oil Prices: Rising prices can benefit CAD and NOK, while falling prices might hurt them.
- Gold Prices: Safe-haven demand for gold can influence USD and commodity currencies.
- OPEC Meeting: Decisions on oil production levels can impact global markets and related currencies.
baca selengkapnya
EBC Markets Briefing | "Blue Wave" poised to sweep across stock markets
US midterm results reshape market expectations, pressuring tech stocks while boosting healthcare and clean energy amid regulatory shifts.
EBC Financial Group
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1 hari yang lalu
Stocks sink amid AI wipeout, dollar shines ahead of NFP
Nasdaq leads equity losses as AI outlook dims on fears of datacentre revolt. AI rout deepens in Asia but US futures point to some easing in selloff. Gold’s rebound hits a wall as traders turn to the safety of US dollar. Attention to turn to NFP report as December rate hike bets fade.
XM Group
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1 hari yang lalu
US Payrolls in Focus as Wall Street Rout and Falling Yields Cap the Dollar | 6th November, 2026
A Wall Street rout pushed Treasury yields to a near two-month low and trimmed December Fed hike odds to about two-thirds, capping the Dollar ahead of today’s Nonfarm Payrolls. The BoE hiked to 4.00% unanimously, GBP/USD sits near 1.3400s, and NZD/USD slipped to 0.5585. Gold holds around $4,050-$4,100, silver near $51-52, and USD/JPY about 158.00.
Moneta Markets
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1 hari yang lalu
Week Ahead – Inflation and geopolitics in focus as US political landscape shifts
Post-midterm election euphoria fizzles out as risk aversion prevails; US CPI, PPI and Fedspeak on the radar as Fed hike bets remain supported; Oil retreat pauses on mixed hopes about the ongoing conflicts; Treasury bond auctions in focus, while dollar/yen and gold seek direction;
XM Group
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The dollar saves the day
The dollar rebounds as the AI-driven S&P 500 sell-off boosts safe-haven demand, while the BoE’s first hike since 2023 fails to support the pound.
FxPro
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1 hari yang lalu
Tech Stocks Lead US Selloff Ahead of Payrolls
AI-related shares led the worst US equity session since 2020 as investors feared tighter oversight of AI and data-center buildout following the midterm results; Truist called it a “buyers’ strike in tech.” The selloff is spreading beyond Wall Street: Korean chipmakers fell about 10% before the open, the Kospi dropped below 5,000, CoreWeave’s five-year credit default swap widened to a record
ATFX
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1 hari yang lalu
Technical Analysis – USDJPY stays rangebound, pinned at support near 158.00
#USDJPY bulls are defending 50-SMA support, but momentum stays weak as the pair stays rangebound. Watch resistance at 158.40 and support at 156.65 for clues on the pair's next move.
XM Group
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1 hari yang lalu
EBC Markets Briefing | Sterling down after first BOE rate hike in years
Sterling weakened amid a US stock sell-off, while BOE rate hike bets increased. Markets also tracked Nasdaq losses, AXT shares and oil prices ahead of US jobs data.
EBC Financial Group
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1 hari yang lalu
