Day: August 20, 2024
The JP 225 index is attempting to gain a foothold above the resistance level on Tuesday. Find out more in our analysis dated 20 August 2024. JP 225 forecast: key trading points Analysts forecast a fall in inflation in Japan, which may impact the BoJ’s decisions Released data on machinery orders and Q2 GDP growth […]
The USDJPY pair is attempting to regain ground after a decline. The Japanese prime minister elections are scheduled for 27 September. Find out more in our analysis dated 20 August 2024. USDJPY forecast: key trading points A speech by Federal Open Market Committee (FOMC) member Raphael W. Bostic A speech by Vice Chair for Supervision […]
Brent price has been falling for the third consecutive trading session amid declining economic activity in China and the Middle East negotiations. Find out more in our Brent analysis for today, 20 August 2024. Brent forecast: key trading points US data: the market awaits data on the API US crude oil stocks Brent forecast for […]
The USDCHF pair is tumbling. The market is gearing up for an imminent Federal Reserve interest rate cut. Find out more in our analysis dated 20 August 2024. USDCHF forecast: key trading points The USDCHF pair declines further The market is working against the US dollar USDCHF forecast for 20 August 2024: 0.8833 and 0.9070 […]
The EURUSD rate slightly declines following two trading sessions of growth. Find out more in our analysis dated 20 August 2024. EURUSD forecast: key trading points The EURUSD pair corrects after two trading sessions of growth and reaching a 33-week high Investors refrain from making aggressive investment decisions ahead of a speech by Federal Reserve […]
The British pound continues to strengthen against the US dollar despite scarce UK news. Find out more in our analysis dated 19 August 2024. GBPUSD forecast: key trading points The Rightmove UK house price index (m/m): previously at -0.4%, currently at -1.5% A speech by Federal Reserve official Christopher Waller GBPUSD forecast for 19 August […]