Oil and Dollar Dynamics
The Oil-Dollar pair saw a decrease of 1% in the last session, with the MACD indicating a negative trend.
Aussie Dollar's Minor Correction
The AUD/USD pair made a minor downward correction, dropping 0.1%. The MACD signals a positive direction.
Euro-Dollar's Steady Trade
The EUR/USD pair traded sideways, with the RSI providing a positive signal.
Dollar-Yen's Minor Upward Correction
The USD/JPY pair saw a minor increase of 0.1% in the last session. The ROC indicates a positive signal.
Global Financial Headlines
Wall Street ended the week on a high note, with the S&P 500 and Dow Jones rising due to expectations of a US Federal Reserve rate cut. However, major banks saw mixed results following their earnings reports. Meanwhile, Vietnamese EV maker VinFast has delayed its North Carolina factory launch to 2028, reducing its delivery targets due to global market uncertainties.
Upcoming Economic Highlights
Today's key economic releases include:
• US 3-Month Bill Auction - 1530 GMT
• US 6-Month Bill Auction - 1530 GMT
• Eurozone's Industrial Production - 0900 GMT
• Germany's Retail Sales - 0600 GMT
• Euro Group Meeting - 0700 GMT
• Finland's Gross Domestic Product - 0500 GMT
Publication date:
2024-07-15 08:09:42 (GMT)
Challenges