Categories: Market Overview

FxPro Daily Insight for July 9

Market overview

FX: USD craved upward, but the pace of growth slowed down recently. Market volatility has generally decreased in anticipation of new signals from the Fed.

Stocks: Indices are losing ground on the reassessment of the Fed policy expectations and rolling back from recent peaks.

Commodities: Brent retreated after failed attempt to climb above 65 on Monday, dropping to $63.70 at the time of writing. Gold adjusted 5th trading session in a row trading at $1393.

Crypto: A new growth spurt brought Bitcoin back to the 18-month highs at $12700.

Infographic description

Important upcoming events (GMT):

12:45 US [!!!] The speech of the Fed’s Powell 14:10-18:00 US [!!] Speeches by FOMC members Bullard, Quarles, Bostic

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

Forex has set its priorities

In 2026, experts favour the yen, see modest euro growth, and expect pressure on the…

3 hours ago

Bear market rebound in crypto is likely to continue

Crypto rebounds continue; Bitcoin faces resistance, with a mixed market outlook ahead, as regulatory changes…

4 hours ago

Coca-Cola Wave Analysis – 4 December 2025

Coca-Cola: ⬇️ Sell - Coca-Cola reversed from long-term resistance level 73.25 - Likely to fall to…

17 hours ago

DraftKings Wave Analysis – 4 December 2025

DraftKings: ⬆️ Buy - DraftKings reversed from support zone - Likely to rise to resistance level…

17 hours ago

NVDA Wave Analysis – 4 December 2025

NVDA: ⬆️ Buy - NVDA reversed from support zone - Likely to rise to resistance level…

19 hours ago

Basic Attention Token Wave Analysis – 4 December 2025

Basic Attention Token: ⬇️ Sell - Basic Attention Token reversed from resistance level 0.2800 - Likely…

19 hours ago

This website uses cookies