Day: September 3, 2024

Sep 03
USDCHF: the US dollar awaits a chance to strengthen

The release of Switzerland’s CPI and GDP data and the US PMI data may help the US dollar strengthen its position. This analysis, dated 3 September 2024, focuses on the USDCHF forecast, providing insights, signals, and predictions based on current news and market outlook. USDCHF forecast: key trading points Switzerland’s Consumer Price Index (m/m) for […]

Sep 03
USDJPY analysis: the pair declines amid increased investments in Japan

The USDJPY rate is undergoing a correction after rising for four trading sessions. This analysis, dated 3 September 2024, delves into the key factors influencing the USDJPY forecast, including market signals, news updates, and technical outlook. USDJPY forecast: key trading points The market focuses on the upcoming US employment report US nonfarm payrolls are projected […]

Sep 03
JP 225 analysis: the index reached its highest level in the past month

One of the primary sources of panic on 5 August was a decline in Japanese stocks: the JP225 index closed with a loss of 12.4%. However, it is now actively recovering, with quotes rising by 28.8% from their lows. JP 225 forecast: key trading points Recent data: manufacturing PMI reached 49.8 Economic indicators: the manufacturing […]

Sep 03
Brent is trading just below 77.00 USD, consolidating in a sideways range

Brent’s price is moving within a broad sideways range while a triangle pattern is forming on the chart. As we move through 3 September 2024, market participants are closely watching for key signals that may influence the price direction in the coming days. This Brent analysis provides a detailed outlook, incorporating the latest news and […]

Sep 03
EURUSD falls: the market bets on ECB policy easing

The EURUSD pair has declined for the third consecutive trading day. Investors await an ECB interest rate cut in September, with inflation supporting the forecast. Find out more in our analysis dated 3 September 2024. EURUSD forecast: key trading points The EURUSD pair has reached its lowest level since mid-August Investors believe the ECB will […]