Day: August 5, 2024

Although the EURUSD technical analysis for today suggests a decline in the pair following a correction, the outlook will depend on fundamental data from the eurozone and the US. Find out more in our analysis dated 5 August 2024. EURUSD trading key points Eurozone services PMI: previously at 52.8%, forecasted at 51.9% US services PMI […]

The GBPUSD rate is aggressively declining today after rising on Friday on weak US data. Find out more in our analysis dated 5 August 2024. GBPUSD trading key points The US economy added only 114,000 jobs, significantly below the projected 175,000 Analysts believe the strengthening of the GBPUSD pair may be temporary GBPUSD forecast for […]

The US 500 stock index is in a downtrend, pressured by weak US employment market indicators. US 500 analysis suggests that this decline will continue this week. US 500 trading key points Recent data: the US unemployment rate increased to 4.3% in July 2024, surpassing the forecasted 4.1% Economic indicators: a strong employment market had […]

XAUUSD price rose to an annual and all-time high of 2,483 USD following Friday’s release of US employment data. Find out more in the XAUUSD analysis for today, 5 August 2024. XAUUSD trading key points Market focus: gold rose on weak US employment market statistics Current trend: gold is trading in an uptrend and could […]