Day: July 4, 2024

Investors expect the Swiss franc to continue losing ground, so the USDCHF pair continues its ascent. USDCHF trading key points Switzerland’s non-seasonally adjusted unemployment rate: currently at 2.4% compared to the previous reading of 2.4% Switzerland’s consumer price index (m/m, June): currently at 0.0% compared to the previous reading of 0.3% Switzerland’s consumer price index […]

The USDJPY rate is declining ahead of Friday’s US nonfarm payrolls report. USDJPY trading key points The Federal Reserve’s June meeting minutes confirm US economic slowdown The likelihood of a Federal Reserve interest rate cut in September increased to 68% from 56% Traders are awaiting the release of Friday’s US nonfarm payrolls report USDJPY targets: […]

The DE 40 index is in a downtrend after reaching an all-time high. By the end of this week, it will be clear how deeply the price can fall this time. DE 40 trading key points Recent data: Germany’s consumer inflation CPI in June eased to 2.2% year-over-year Economic indicators: decreasing price growth rates in […]

Rising oil prices failed to overcome the resistance at the 87.00 level on the fly; bears are attempting to seize the initiative and reverse the price. Brent trading key points Current trend: Brent is experiencing strong upward momentum on the H4 chart Market focus: a sharp increase in Brent price volatility can be expected tomorrow […]