Posted by autorebateforex Sep - 6 - 2024 0 Comment
Market Summary The major currencies, commodities, and cryptocurrencies experienced mixed performances last week. The euro and pound sterling faced downward pressure amid concerns about economic growth and central bank policies. The Japanese yen strengthened on the back of solid wage growth and expectations of a rate hike. The Australian dollar remained stable despite weak GDP data. Gold prices rose due to a decline in the US dollar and expectations of […]
Posted by autorebateforex Sep - 5 - 2024 0 Comment
The EUR remains in a narrow range, reflecting weak European data, while the GBP faces a downtrend due to limited upward movement despite steady UK PMI results. The JPY shows moderate gains as the BoJ’s potential rate hikes and weaker US data influence its rise. AUD is under pressure after a GDP slowdown, facing further bearish movements. Gold struggles with a declining trend, impacted by a strong USD and weak […]
Posted by autorebateforex Sep - 4 - 2024 0 Comment
The Euro, British Pound, Japanese Yen, and Gold are all experiencing varying levels of pressure influenced by U.S. economic data and central bank policies. The Euro remains cautious with a bearish outlook due to potential ECB rate cuts, while the British Pound hovers around support levels, affected by strong retail sales but weak consumer confidence. The Yen faces downward pressure from a strengthening dollar and expectations of U.S. rate cuts. […]
Posted by autorebateforex Sep - 3 - 2024 0 Comment
The Euro and Pound faced challenges as Eurozone manufacturing remained in contraction and the UK showed minimal growth. The Yen weakened as the USD rose due to optimism about the US economy, while Gold dipped under pressure from a stronger dollar. Eurozone manufacturing PMI remained stagnant, indicating ongoing economic struggles, while UK manufacturing displayed slight recovery. The USD/JPY pair advanced amid thin trading, despite Japanese economic improvements. Gold’s momentum faltered, […]
Posted by autorebateforex Sep - 2 - 2024 0 Comment
Last week was marked by significant attention on global economic data and central bank decisions. The US Federal Reserve’s stance on easing policy was highlighted, with markets closely analyzing jobs data in relation to potential rate cuts. The Bank of Canada (BoC) also remained in focus as investors anticipated a third consecutive rate cut amidst ongoing economic adjustments. Additionally, geopolitical tensions in the Middle East over the weekend had the […]
Posted by autorebateforex Aug - 30 - 2024 0 Comment
The Euro and British Pound weakened against the US Dollar as market sentiment shifted with expectations of easing inflation in the Eurozone and a cautious approach from the ECB. Meanwhile, the Yen struggled with mixed signals from the BoJ, despite Japan’s inflationary pressures, as the US economy showed resilience with an upward revision in GDP. Gold’s performance remained bullish, driven by expectations of Fed rate cuts, which bolstered its appeal […]
Posted by autorebateforex Aug - 28 - 2024 0 Comment
Despite challenges in the global economy, the Euro, British Pound, Japanese Yen, and gold have each exhibited distinct trends. The Euro remains steady, even with weak German data, showing resilience as it navigates a volatile US Dollar. The British Pound, bolstered by robust UK economic data, has outperformed but faces potential corrections as market sentiment shifts. The Japanese Yen, influenced by geopolitical tensions and modest economic indicators, is seeing cautious […]
Posted by autorebateforex Aug - 27 - 2024 0 Comment
The euro weakened as Germany’s business climate fell, while the dollar dipped following hints of an upcoming Fed rate cut. The British pound surged to its highest level since March 2022, buoyed by expectations of another Bank of England rate cut. Meanwhile, the Japanese yen gained strength, contrasting with the Federal Reserve’s dovish stance. Gold prices rose, testing key resistance levels amid rising safe-haven demand. Bitcoin maintained its bullish trend, […]
Posted by autorebateforex Aug - 23 - 2024 0 Comment
The euro experienced slight declines as the Eurozone PMI data presented a mixed picture, with services showing strength while manufacturing continued to contract. Meanwhile, the British pound reached a new high against the dollar, driven by positive UK economic indicators and expectations of a rate cut by the Federal Reserve. The Japanese yen initially strengthened but later gave up gains as the dollar rebounded, with attention now turning to upcoming […]
Posted by autorebateforex Aug - 16 - 2024 0 Comment
The EUR/USD pair remains resilient amid low volatility, as the U.S. retail sales report drives focus on the dollar’s trajectory. The GBP/USD sees mild recovery, supported by the UK’s solid GDP growth despite inflation concerns. The JPY weakens as robust U.S. retail sales push USD/JPY higher, testing key resistance levels. Gold recovers from a post-CPI dip, buoyed by a softening U.S. Dollar Index but remains under $2500/oz, needing a significant […]