Day: August 27, 2024
The USDJPY rate is undergoing a slight correction for the second consecutive trading session. Find out more in our analysis dated 27 August 2024. USDJPY forecast: key trading points BoJ Governor Kazuo Ueda hints at possible monetary policy revision Federal Reserve Chair Jerome Powell emphasises the need to adjust monetary policy due to employment market […]
The JP 225 index rose again after the close of trading on Monday – this time by 0.72%. Growth may continue amid the strengthening of the shipbuilding and financial sectors. JP 225 forecast: key trading points Japan’s Corporate Services Price Index (CSPI), y/y: previously at 3.1, currently at 2.8% The Bank of Japan’s Core Consumer […]
The Swiss franc may lose ground amid rising consumer confidence in the US. Find out more in our analysis dated 27 August 2024. USDCHF forecast: key trading points The non-seasonally adjusted US composite home price index S&P/CS Composite-20, y/y: previously at 6.8%, projected at 6.2% The CB US consumer confidence index: previously at 100.3, projected […]
Brent price is experiencing steady growth, surpassing 80.00 USD per barrel; today, the focus is on the API oil stock data. Find out more in our Brent analysis for today, 27 August 2024. Brent forecast: key trading points US data: the market awaits the API US oil inventory statistics today Brent forecast for 27 August […]
The EURUSD pair rises after a correction, with external factors that may affect risk appetite. Find out more in our analysis dated 27 August 2024. EURUSD forecast: key trading points The EURUSD pair resumed growth The market anticipates a 25-basis-point interest rate cut in September EURUSD forecast for 27 August 2024: 1.1150, 1.1118, and 1.1098 […]
The GBPUSD rate is slightly correcting after rising for seven consecutive trading sessions. Find out more in our analysis dated 26 August 2024. GBPUSD forecast: key trading points The GBPUSD rate has reached the highest level in the past two years Federal Reserve Chair Jerome Powell signalled an imminent interest rate cut The market responded […]