Day: July 31, 2024

The EURUSD pair is expected to face a severe shock by the end of the US trading session. The Federal Reserve’s interest rate decision could bring substantial changes. Find out more in our analysis dated 31 July 2024. EURUSD trading key points The eurozone’s consumer price index in July (y/y): previously at 2.5%, forecasted at […]

The USDJPY pair is falling rapidly. The Bank of Japan has done its utmost to support the yen. Find out more in our analysis dated 31 July 2024. USDJPY trading key points The Bank of Japan raised the interest rate to 0.25% The USDJPY rate is declining rapidly USDJPY forecast for 31 July 2024: 151.26 […]

The US Tech stock index plunged by over 10% from its all-time high. The US Tech index forecast suggests a continued decline in line with the downtrend. US Tech trading key points Recent data: US job openings (JOLTS) reached 8.18 million, exceeding analysts’ expectations Economic indicators: strong employment market data may lead the US Federal […]

According to the API data, Brent prices have fallen below 80.00 USD despite decreasing oil inventories. Today, the market awaits the outcome of the Federal Reserve’s meeting. Find out more in the Brent analysis dated 31 July 2024. Brent trading key points API data: US crude oil stocks decreased by 4.49 million barrels Market focus: […]

The USDCHF pair has been rising, with this trend persisting for the third consecutive day due to the strength of the US dollar. Find out more in our analysis dated 30 July 2024. USDCHF trading key points The USDCHF pair depends on US dollar movements Switzerland’s domestic statistics have minimal impact on USDCHF dynamics USDCHF […]