Day: September 18, 2024
The USDJPY pair is going down on Wednesday. The JPY is gaining ground ahead of BoJ decisions. Discover more in our analysis for 18 September 2024. USDJPY forecast: key trading points The USDJPY pair came under pressure The Bank of Japan is poised to raise interest rates at the December meeting USDJPY forecast for 18 […]
XAUUSD price remains near annual highs, awaiting the US Federal Reserve interest rate decision. Its announcement and the press conference of the Federal Reserve chair may give fresh momentum to the stock price. Find out more in our XAUUSD analysis for today, 18 September 2024. XAUUSD forecast: key trading points Market focus: market participants are […]
CrowdStrike’s massive software outage on 19 July 2024 immediately sent its stock down by 14.2%. The decline continued until 5 August, with total losses exceeding 40.0% and the quotes dropping to 200 USD. However, based on investor reaction, such a price made the stock attractive for buying, sparking interest in the company’s shares and helping […]
The USDCAD rate is declining on Wednesday after rebounding from the crucial resistance level. Find out more in our analysis for 18 September 2024. USDCAD forecast: key trading points Inflation in Canada eased to 2.0% in August, the lowest in 3.5 years Inflation data supports the Bank of Canada governor’s statements that the pace of […]
After rebounding from the 200-day Moving Average, the US Tech stock index breached the downtrend line. The US Tech index forecast is moderately optimistic. US Tech forecast: key trading points Recent data: US retail sales rose by 0.1% in August Economic indicators: the retail sales figure indirectly reflects the future GDP and inflation dynamics Market […]
The Federal Reserve interest rate decision dominates the news. Find out more in our analysis for 18 September 2024. EURUSD forecast: key trading points The eurozone’s Consumer Price Index (CPI) in August (y/y): previously at 2.6%, projected at 2.2% The US Federal Reserve interest rate decision: previously at 5.50%, projected at 5.25% US Federal Reserve […]
