Market Overview
The oil market experienced a significant decline, while the Australian dollar remained stable. The euro and Japanese yen also showed little movement. Global financial headlines were positive, with a broader rally in US stocks and a decline in inflation in the Eurozone. PCE inflation holds steady, 50bps cut less likely – Euro slips as Eurozone inflation drops to lowest in three years – Wall Street gains on soft-landing hopes.
Economic Calendar (GMT+1)
EURUSD Analysis
Chart Analysis
GBPUSD Analysis
Chart Analysis
GBPJPY Analysis
Chart Analysis
XAUUSD Analysis
Chart Analysis
WTI Analysis
Chart Analysis
Conclusion
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. Join us as we explore the market together: https://my.dbinvesting.com/links/go/955