This site uses cookies to provide you with a great user experience. By visiting monetamarkets.com, you accept our cookie policy.
Allow all
This site uses cookies to provide you with a great user experience. By visiting monetamarkets.com, you accept our cookie policy.
Allow all
The EUR/USD pair dropped 0.5% in the last session. The Stochastic indicator is giving a positive signal, suggesting potential for a reversal.
The USD/JPY pair surged 1.2% in the last session. The MACD is currently giving a positive signal, aligning with the recent price action.
The Gold/USD price remained largely unchanged in the last session. According to the Stochastic indicator, we are currently in an overbought market.
Google stock traded sideways in the last session. The MACD is giving a positive signal, suggesting potential upward momentum.
The dollar bounced off a 14-month low against the euro in choppy trading. However, investors are still betting on another large interest rate cut by the Federal Reserve at its November meeting due to weakening labour optimism. The Dow Jones Industrial Average and S&P 500 closed lower, pulling back from recent record highs driven by China's sweeping stimulus package. Investors are now awaiting economic indicators and signals on upcoming interest rate cuts. Shares of former U.S. President Donald Trump's media company rebounded over 6%, bouncing back from all-time lows after restrictions on insider selling expired last week. Trump Media and Technology Group, which is 57% owned by the Republican presidential nominee, has seen a 12% lift over two consecutive days of gains.
Key economic events to look out for include:
