Posted by autorebateforex Aug - 15 - 2024 0 Comment
The EUR/USD pair shows a strong bullish trend, reflecting a weakening dollar. In contrast, the GBP/USD pair is under pressure as UK inflation remains subdued, suggesting a possible rate cut by the BoE. Meanwhile, USD/JPY faces selling pressure despite supportive Japanese economic data, indicating a complex market environment. Gold, seen as a safe haven, is gaining momentum due to geopolitical tensions and expectations of a U.S. recession, while oil prices […]
Posted by autorebateforex Aug - 12 - 2024 0 Comment
The week of August 12, 2024, is set to be crucial for global markets with key events in the US, UK, and New Zealand. The US will release CPI inflation data, which could influence Federal Reserve rate cuts. The Reserve Bank of New Zealand (RBNZ) may cut rates, with markets pricing an 80% chance. The UK will focus on CPI inflation and wage data, which could affect future rate decisions […]
Posted by autorebateforex Aug - 9 - 2024 0 Comment
In the recent trading session, the euro, pound, yen, and gold all displayed varying degrees of sensitivity to economic data and central bank comments. The euro saw limited movement amid expectations of further ECB rate cuts, while the pound weakened as investors anticipate Bank of England rate cuts. The yen experienced a sharp decline following dovish BOJ comments, boosting the dollar. The Canadian dollar remained stable ahead of crucial employment […]
Posted by autorebateforex Aug - 8 - 2024 0 Comment
The EUR/USD pair faced limited upward potential due to bearish market conditions and weak Eurozone retail sales. For the GBP/USD pair, a downward trend persisted, pressured by economic uncertainties in the UK. The Japanese yen, after a sharp rise, tumbled following dovish comments from the Bank of Japan, reflecting investor nervousness. Gold showed bullish momentum early in the session but faced selling pressure due to a strong dollar and rising […]
Posted by autorebateforex Aug - 7 - 2024 0 Comment
The euro appears stronger than the pound, yen, and gold, despite concerns about U.S. economic slowdown impacting the dollar. The euro’s potential correction hinges on weak U.S. statistics. The pound is experiencing a bearish trend, with expectations of Bank of England rate cuts affecting its performance. The yen is volatile, with significant gains due to safe-haven demand amid market uncertainties. Gold, currently in a downward trend, faces resistance at key […]
Posted by autorebateforex Aug - 6 - 2024 0 Comment
EUR/USD rose on concerns over the US economy, with the Fed likely to stay on the sidelines due to weaker-than-expected data. GBP/USD remains volatile amid mixed UK economic signals and pressure from US data. USD/JPY fell as expectations for US rate cuts grew, with the Bank of Japan potentially raising rates. AUD/USD slid amid fears over the US economy and a possible hawkish hold by the RBA. Gold approached record […]
Posted by autorebateforex Aug - 2 - 2024 0 Comment
The EUR/USD faced downward pressure with the euro falling due to weak Eurozone manufacturing data, while a strong dollar could lead to further declines. GBP/USD dropped sharply after the BoE’s unexpected rate cut, with further losses possible if U.S. data is strong. The USD/JPY saw volatility after the BoJ’s rate hike, with bearish pressure but potential for short-term gains. The AUD/USD struggled amid rising inflation, and the USD/CAD showed bullish […]
Posted by autorebateforex Aug - 1 - 2024 0 Comment
Following recent economic data and central bank decisions, the euro rose against the dollar due to improved inflation in the Euro Area, while the pound saw mixed movement as the market anticipated changes in the Fed’s policy, suggesting potential rate cuts. The yen strengthened significantly after an unexpected rate hike by the Bank of Japan, indicating a shift towards tighter monetary policy. Meanwhile, gold prices increased amid geopolitical tensions, reflecting […]
Posted by autorebateforex Jul - 31 - 2024 0 Comment
In recent trading updates, the EUR/USD pair showed minimal movement despite positive Eurozone GDP figures, reflecting market caution ahead of the Federal Reserve meeting. The GBP/USD saw limited action, with traders eyeing upcoming U.S. economic data to gauge further direction. The USD/JPY experienced fluctuations as the market anticipates the Bank of Japan’s rate decision, with the yen showing a mixed performance. The AUD/USD edged lower ahead of Australia’s CPI release, […]
Posted by autorebateforex Jul - 30 - 2024 0 Comment
The EUR/USD, GBP/USD, USD/JPY, and Gold (XAU/USD) markets exhibit a cautious outlook with potential for limited movements. The EUR/USD is experiencing a bearish trend, with a slight chance for correction amidst the anticipation of a rate cut by the FOMC in September. Similarly, the GBP/USD faces bearish pressure, with traders wary of the Bank of England’s upcoming rate decision, which may trigger a minor correction. The USD/JPY remains volatile but […]