Todays Financial Digest
Global markets stayed cautious yet constructive as Fed rate-cut bets remained the dominant driver. Gold and silver extended gains on safe-haven demand, the US Dollar Index (DXY) held below 98.00 after softer NFP revisions, and the euro retreated under policy divergence with the ECB. Commodity-linked currencies like the Australian Dollar gained modest traction as the greenback softened.
US Dollar Index (DXY) capped below 98.00 after weak NFP revisions; bearish bias with support at 97.40/97.00 and resistance at 98.20.
Gold (XAU/USD) trades around $3,620$3,630, with strong bullish bias; resistance $3,650/$3,700, support $3,600/$3,550.
Silver (XAG/USD) consolidates near $41.00; resistance $41.50/$42.20, support $40.50/$40.00.
EUR/USD slips toward 1.1700 on ECBFed divergence; support 1.1680/1.1650, resistance 1.1750/1.1800.
AUD/USD edges up to 0.6660 as softer USD offsets Chinas weak CPI; resistance 0.6700/0.6740, support 0.6620/0.6580.
Key Economic Events (GMT):
US Producer Price Index (PPI) Sept 10, 12:30 GMT
US Consumer Price Index (CPI) Sept 11, 12:30 GMT
ECB Policy Speeches Sept 1112, Various Times
Australia Employment Data Sept 12, 01:30 GMT
US Retail Sales Sept 13, 12:30 GMT
Markets remain in flux as traders weigh dovish Fed bets against upcoming US inflation data. Precious metals retain a bullish tone, while the dollars near-term path hinges on CPI/PPI results and central bank commentary. Volatility is expected as policy expectations recalibrate.
For full charts, video analysis, and daily updates, visit: Dollar Stays Subdued on Fed Cut Bets; Gold Shines, EUR and AUD in Focus | 10th September 2025 | Moneta Markets
Global markets stayed cautious yet constructive as Fed rate-cut bets remained the dominant driver. Gold and silver extended gains on safe-haven demand, the US Dollar Index (DXY) held below 98.00 after softer NFP revisions, and the euro retreated under policy divergence with the ECB. Commodity-linked currencies like the Australian Dollar gained modest traction as the greenback softened.
US Dollar Index (DXY) capped below 98.00 after weak NFP revisions; bearish bias with support at 97.40/97.00 and resistance at 98.20.
Gold (XAU/USD) trades around $3,620$3,630, with strong bullish bias; resistance $3,650/$3,700, support $3,600/$3,550.
Silver (XAG/USD) consolidates near $41.00; resistance $41.50/$42.20, support $40.50/$40.00.
EUR/USD slips toward 1.1700 on ECBFed divergence; support 1.1680/1.1650, resistance 1.1750/1.1800.
AUD/USD edges up to 0.6660 as softer USD offsets Chinas weak CPI; resistance 0.6700/0.6740, support 0.6620/0.6580.
Key Economic Events (GMT):
US Producer Price Index (PPI) Sept 10, 12:30 GMT
US Consumer Price Index (CPI) Sept 11, 12:30 GMT
ECB Policy Speeches Sept 1112, Various Times
Australia Employment Data Sept 12, 01:30 GMT
US Retail Sales Sept 13, 12:30 GMT
Markets remain in flux as traders weigh dovish Fed bets against upcoming US inflation data. Precious metals retain a bullish tone, while the dollars near-term path hinges on CPI/PPI results and central bank commentary. Volatility is expected as policy expectations recalibrate.
For full charts, video analysis, and daily updates, visit: Dollar Stays Subdued on Fed Cut Bets; Gold Shines, EUR and AUD in Focus | 10th September 2025 | Moneta Markets