Oil-Dollar Pair's Jump
The oil dollar pair (CL1!) experienced a significant increase of 1.2% in the last session. The Rate of Change (ROC) indicator is giving a positive signal.
Aussie Dollar Remains Stable
The Aussie Dollar price remained largely unchanged in the last session. The Stochastic RSI indicates that we are currently in an oversold market.
Euro-Dollar Pair Trades Sideways
The Euro-Dollar pair (EUR/USD) traded sideways in the last session. The Stochastic indicator is signalling a negative outlook.
Dollar-Yen Pair's Stability
The Dollar-Yen pair (USD/JPY) traded sideways in the last session. The Relative Strength Index (RSI) is giving a positive signal.
Global Financial Headlines
Nvidia's advanced AI chip developed for the China market has faced a slow start, pricing below a competing product from Chinese tech giant Huawei. Shares of Dell Technologies soared to a record high, buoyed by optimism in generative AI technology. U.S. stocks, particularly the NASDAQ, saw a fifth consecutive week of gains following positive consumer inflation outlooks.
Upcoming Economic Highlights
Here's a brief rundown of today's anticipated economic releases:
• Eurozone's Eurogroup meeting - 0700 GMT
• Germany's IFO Business Climate - 0800 GMT
• Germany's IFO Current Assessment - 0800 GMT
• Germany's IFO Expectations - 0800 GMT
• Japan's Coincident Index - 0500 GMT
• Japan's Leading Economic Index - 0500 GMT
Publication date:
2024-05-27 06:59:51 (GMT)
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