Market Overview
The GBP/USD moved sideways, Bitcoin dropped 1%, and oil dipped slightly despite a positive MACD. AUD/USD fell 0.6% in an overbought market. Global trends show reduced Bitcoin inflows, lower US business activity, and a minor oil price rebound. Key economic data releases are expected today. The Bank of Japan (BoJ) remains on course with its monetary tightening policy, according to the BoJ Chief, following his hearing at the Japan Lower House. Oil prices remained steady but are expected to drop this week due to weaker US employment data and reduced supply concerns from Gaza ceasefire talks.
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 daily: https://my.dbinvesting.com/links/go/955
