Day: September 6, 2024

Sep 06
EURUSD rose: the market awaits US employment market statistics

Supported by expectations regarding the Federal Reserve’s policy, the EURUSD pair returned above 1.1100, rising for the third consecutive session. Find out more in our analysis for 6 September 2024. EURUSD forecast: key trading points The EURUSD pair has resumed steady growth Today, investors are awaiting the crucial US employment sector releases for August EURUSD […]

Sep 06
US 30 analysis: the support level is breached; the decline is likely to continue

The US 30 stock index is declining after reaching an all-time high, as indicated by the breach of the support level. The US 30 forecast for next week is negative. US 30 forecast: key trading points Recent data: The ADP reports that the number of jobs in the US private sector increased by 99,000 in […]

Sep 06
Gold (XAUUSD) returned above 2,500 USD, with growth likely to continue

The XAUUSD price rose moderately on Thursday and consolidated above 2,500 USD, creating the conditions for testing the historical high of 2,532 USD. Price growth may be driven by US employment data. Find out more in our XAUUSD analysis for today, 6 September 2024. XAUUSD forecast: key trading points Market focus: market participants are awaiting […]

Sep 06
NZDUSD: downward course or will the kiwi stand its ground

Decreased unemployment and rising US nonfarm payrolls may temporarily strengthen the US currency against the New Zealand dollar. Find out more in our analysis for 6 September 2024. NZDUSD forecast: key trading points US nonfarm payrolls: previously at 114,000, projected at 164,000 US unemployment rate: previously at 4.3%, projected at 4.2% CFTC NZD speculative net […]

Sep 06
USDJPY under pressure: the Japanese economy is recovering

The USDJPY rate has been falling for the fourth consecutive trading session. Traders are awaiting the US employment report. Find out more in our analysis for 6 September 2024. USDJPY forecast: key trading points Today, the focus is on the US employment report for August, which may heighten expectations of a significant 50-basis-point Federal Reserve […]