The daily reports for important events that affects the forex, stocks and commodities markets.

04/10/2024 Evening Reports

Dollar Steadies Near Six-Week High as Investors Eye Central Bank Moves and Jobs Data The dollar remained close to a six-week high on Friday as investors focused on upcoming U.S. jobs data that could influence future interest rate decisions. Safe-haven demand boosted the greenback amid escalating tensions in the Middle East, while dovish expectations for […]

The daily reports for important events that affects the forex, stocks and commodities markets.

04/10/2024 Daily Reports

U.S. Dollar Near Six-Week High Amid Middle East Tensions and Anticipation of Jobs Report; Yen Faces Sharp Decline The U.S. dollar hovered near a six-week high on Friday, supported by safe-haven demand amid escalating Middle East tensions and anticipation of the U.S. non-farm payrolls report, which could influence the Federal Reserve’s interest rate decisions. The […]

The daily reports for important events that affects the forex, stocks and commodities markets.

03/10/2024 Evening Reports

Dollar Hits Six-Week High Against Yen as Fed Holds Steady; Pound Falls on BoE’s Dovish Signals The dollar reached a six-week peak against the yen on Thursday amid expectations that the U.S. Federal Reserve will maintain a cautious approach to rate cuts. Meanwhile, the pound fell to a two-week low after Bank of England Governor […]

The daily reports for important events that affects the forex, stocks and commodities markets.

03/10/2024 Daily Reports

U.S. Dollar Strengthens Amid Strong Jobs Data and Geopolitical Tensions The U.S. dollar strengthened against major currencies on Thursday, reaching a six-week high versus the yen. This followed strong U.S. jobs data, reinforcing expectations that the Federal Reserve will not rush into further significant interest rate cuts. Meanwhile, Japan’s yen faced selling pressure after Prime […]

The daily reports for important events that affects the forex, stocks and commodities markets.

02/10/2024 Evening Reports

Bitcoin Falters Amid Middle East Tensions, Analysts Eye Fed Cuts and U.S. Election for Optimis Bitcoin speculators hoping for a strong October start were met with disappointment as rising tensions in the Middle East triggered caution across global markets. The digital asset dropped 4.7% on Tuesday, its biggest fall in nearly a month, following Iran’s […]

The daily reports for important events that affects the forex, stocks and commodities markets.

02/10/2024 Daily Reports

Dollar Climbs Amid Middle East Tensions After Iranian Missile Attack on Israel The dollar held its strongest weekly gain on Wednesday as an Iranian missile attack on Israel spurred safe-haven buying, raising concerns about the expanding conflict in the Middle East. Iran’s Revolutionary Guard Corps fired over 180 ballistic missiles at Israel, citing retaliation for […]

The daily reports for important events that affects the forex, stocks and commodities markets.

01/10/2024 Evening Reports

Dollar Gains After Powell Pushes Back on Bigger Rate Cuts The U.S. dollar rose on Tuesday as Federal Reserve Chair Jerome Powell pushed back against expectations for additional large interest rate cuts, signaling a more cautious approach. Powell, speaking at a conference in Tennessee, indicated the Fed is likely to continue with quarter-point rate cuts, […]

The daily reports for important events that affects the forex, stocks and commodities markets.

01/10/2024 Daily Reports

U.S. Dollar Gains as Fed Signals Caution on Rate Cuts; Global Currencies React to Policy Shifts The U.S. dollar firmed against major currencies on Tuesday after Federal Reserve Chair Jerome Powell signaled a more cautious approach to rate cuts, pushing back against expectations of larger reductions. Powell’s hawkish tone at a conference suggested that the […]

The daily reports for important events that affects the forex, stocks and commodities markets.

30/09/2024 Evening Reports

Pound Holds Near Multi-Year Highs as Traders Bet on Bank of England Caution The pound steadied around multi-year highs against the dollar and euro on Monday, buoyed by the Bank of England’s relative hawkish stance compared to other central banks. Traders expect the BoE to be more cautious in cutting rates than the Federal Reserve […]

The daily reports for important events that affects the forex, stocks and commodities markets.

30/09/2024 Daily Reports

Oil prices rise on Middle East conflict fears as Israel steps up attacks Oil prices extended gains on Monday, buoyed by escalating concerns over potential supply pressures from Middle East producers following Israel’s increased attacks on Iranian-backed forces in the region. Brent crude futures for November delivery increased 51 cents, or 0.71%, to $72.49 a […]