Day: August 29, 2024

The AUDUSD rate is rising on Thursday following a three-day correction. Find out more in our analysis dated 29 August 2024. AUDUSD forecast: key trading points Australia’s private capital expenditure decreased by 2.2% Private real estate investments in the Australian economy dropped by 3.8%, marking the most significant decline over the past four years Private […]

ECB officials’ speeches, US initial jobless claims, and the GDP data release could heat today’s market. Find out more in our EURUSD analysis dated 29 August 2024. EURUSD forecast: key trading points A speech by European Central Bank official Isabel Schnabel A speech by European Central Bank official Philip R. Lane The Eurogroup meeting US […]

The DE 40 index has reached a three-month peak. Investors continue to assess the economic situation as positive. Find out more in our DE 40 forecast for next week. DE 40 forecast: key trading points The DE 40 index is developing a rally Stable economic signals drive positivity Resistance: 19,420.0, Support: 18,318.0 DE 40 price […]

Although Brent’s price has declined following the EIA US oil stock data release, growth prospects persist. Find out more in our Brent analysis for today, 29 August 2024. Brent forecast: key trading points Market focus: market participants await the Q2 US GDP data today Current trend: oil is trading within a broad sideways range Brent […]

The USDJPY pair has remained within a sideways range for the fourth consecutive session. Investors have adopted a waiting mode as there has been no significant news. Find out more in our analysis dated 29 August 2024. USDJPY forecast: key trading points The USDJPY pair has entered the boundaries of a sideways channel Investors are […]