Previous Trading Days Events 27.08.2024

US Consumer Confidence August composite index at 103.3, surpassing the forecast of 100.9.

US Richmond Fed Manufacturing Index August index drops to 19 from 17, marking the steepest decline since May 2020.

Winners Vs Losers In The Forex Market

On 27 August 2024, NZDUSD led the forex market with a 0.79 rise, gaining 49.2 pips, while USDCHF was the biggest loser, dropping 0.66 with a loss of 55.8 pips.

News Reports Monitor Previous Trading Day 27.08.2024

Server Time Timezone EEST UTC 0300

Tokyo Session No significant news.

London Session No significant news.

New York Session

U.S Consumer Confidence Bearish USD. 103.3 actual vs. 100.9 forecast; 

Richmond Fed Manufacturing Index USD bearish. 19, the sharpest drop since May 2020; 

General Verdict  

Tokyo and London sessions saw no significant news, while in the New York session, USD weakened with U.S Consumer Confidence at 103.3 vs. 100.9 forecast, and further bearish pressure came from the Richmond Fed Manufacturing Index dropping to 19, marking the steepest decline since May 2020.

FOREX MARKETS MONITOR

EURUSD 27.08.2024 15m Chart Summary

Server Time Timezone EEST UTC 0300

Price Movements

EURUSD displayed a bullish trend, opening at 1.11561 and closing at 1.11838, with a daily high of 1.11901 and a low of 1.11481.

CRYPTO MARKETS MONITOR

BTCUSD 27.08.2024 15m Chart Summary

Server Time Timezone EEST UTC 0300

Price Movements

BTCUSD showed a bearish trend,…