Categories: Market Overview

FxPro Daily Insight for September 26

Market overview

FX: The dollar index jumped to 98.6, adding 0.6% over the last 24h. EURUSD fell to 1.0950, the September’s lows. GBPUSD fell to 1.2350, down 1.1%. At the beginning of the day on Thursday, the dollar rolls back from the highs reached on Wednesday. The volatility of the foreign exchange market remains low.

Stocks: S&P500 futures are almost unchanged in the morning after rising 0.4% the day before. The MSCI world and major Asian indices have barely changed on Thursday morning. VIX Volatility Index drops from 17.2 to 16.1.

Commodities: Brent changed slightly during the day, staying near $ 61.2. Gold turned sharply to decline to $ 1,506.

Crypto: Bitcoin remains under pressure at $ 8,300. At the same time, the Top 10 altcoins add from 0% to 9% (Stellar) over the past 24 hours.

Important upcoming events (GMT):

08:00 EUR [!!] ECB Economic Bulletin 12:30 USD [!!] U.S. 2Q19 GDP (final) 13:30 – 20:30 [!!!] Speeches of the heads of ECB, BoE and 5 FOMC members

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.

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