Categories: Market Overview

FxPro Daily Insight for July 25

Market overview FX: USD rose to most currencies except CAD, JPY. EUR fluctuates around 2 months lows before the ECB decision

Stocks: the U.S. and Asian indices are adding in anticipation of the policy easing from the largest Central Banks

Commodities: Crude Oil lost 3% during Wednesday, despite the drop in U.S. inventories and geopolitical tensions. Gold is treading water around $1425 level, barely moved week to date.

Crypto: Bitcoin adds 4% over last 24h and trading just above 10000. Top 10 altcoins add 2.5-12%.

Important upcoming events (GMT): 08:00 Ge [!!] Ifo Business Climate 11:45 EU [!!!] ECB Rate Decision 12:30 EU [!!!] ECB Press conference 12:30 US [!!] Durable goods orders

Detailed economic calendar

The FxPro Analyst Team

Our team consists of financial market experts. Our dedicated professionals prepare reviews on the foreign exchange market situation, Crude Oil, Gold and Stock Indices. All the analysts are regularly published in the world leading economic media.

Share
Published by
The FxPro Analyst Team

Recent Posts

Crypto Market Retreats Due to Overhang of Sellers

Market picture The crypto market has lost 3.3% in the last 24 hours to $2.3…

3 hours ago

USDJPY Wave Analysis 26 April 2024

- USDJPY broke key resistance level 155.00 - Likely to rise to resistance level 160.00…

3 days ago

Ebay Wave Analysis 26 April 2024

- Ebay reversed from support level 49.35 - Likely to rise to resistance level 52.55…

3 days ago

False Alert with Yen Interventions?

Even though the Bank of Japan left the key rate and parameters of the QE…

3 days ago

Cooler Bitcoin

Market picture  Market Dynamics: The cryptocurrency market stabilised, losing just 0.1% of capitalisation and dropping to…

3 days ago

GBPCAD Wave Analysis 25 April 2024

- GBPCAD reversed from key support level 1.6910 - Likely to rise to resistance level…

4 days ago

This website uses cookies