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    DAILY MARKET ANALYSIS

    Stay on top of your trading with analyses of the latest market news.

    16 July 2024
    Australian and NZ dollars rise against the yen but fall against the dollar

    Key points The Australian dollar strengthened 0.2% to 106.98 yen, rebounding for the first time in four sessions. The New Zealand dollar also rose 0.2% to 96.11 yen after four sessions of declines. The Australian dollar climbed 0.2% to 106.98 …

    16 July 2024
    Gold prices stay steady as optimism about U.S. rate cuts boosts the market

    Key points Spot gold remained at $2,422.12 per ounce, close to its recent high of $2,449.89. U.S. gold futures slightly dipped by 0.1% to $2,425.60. Gold prices have shown resilience, holding their ground at $2,422.12 per ounce as of 0021 …

    15 July 2024
    Asian currencies face challenges as markets react to Trump attack fallout

    The dollar index (DXY) last traded at 104.210 against a basket of major currencies. Despite the holiday in Japan halting cash U.S. Treasuries trading, the 10-year Treasury futures trended lower.

    15 July 2024
    US Dollar retreats on cooling inflation data, Euro and Pound surge 

    US dollar retreats as cooling inflation fuels rate cut speculation. Euro and pound surge while volatility spikes for yen. More about the market implications and forecasts.

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