Day: July 11, 2024

The EURUSD pair is gradually rising. The market will be cautious ahead of the US CPI data release. EURUSD trading key points Investors are cautious in anticipation of US inflation data Core CPI is expected to remain unchanged EURUSD price targets: 1.0777 and 1.0888 Fundamental analysis The EURUSD pair regained strength and rose to 1.0836 […]

The USDJPY rate closely approached weekly highs on Thursday, 11 July 2024. The current USDJPY exchange rate is 161.68. USDJPY trading key points Uncertainty about the BoJ’s actions: traders awaiting a rate hike Japan’s machinery orders: unexpected decrease of 3.2% in May USDJPY price targets: 162.00 and 162.52 Fundamental analysis Intrigue regarding the pace of […]

The DE 40 stock index has been moving sideways for an extended period. The future trend will depend on the ECB’s decision regarding monetary policy and the key interest rate. DE 40 trading key points Recent data: German exports fell by 3.6% in May 2024, and imports decreased by 6.6% compared to April 2024 (adjusted […]

The NZDUSD pair continues to correct ahead of US news. Positive data will trigger a decline in the NZDUSD rate. NZDUSD trading key points New Zealand’s Food Price Index (FPI) (m/m): currently at 1.0% compared to the previous reading of -0.2% US consumer price index (CPI) in June (m/m): previously stood at zero, forecasted at […]

Gold prices are rising, with investors awaiting inflation data to understand the timing of the first Federal Reserve interest rate cut. XAUUSD trading key points Current trend: gold prices are increasing for the third consecutive day Market focus: the market awaits signals following yesterday’s release of the US CPI data XAUUSD price targets: 2417.00 and […]