Day: October 4, 2024

Oct 04
USDJPY halts growth as the market pauses for further developments

USDJPY growth halted on Friday as the market paused and awaits further developments. More details and insights are available in our USDJPY analysis and forecast for today, 4 October 2024. USDJPY forecast: key trading points The USDJPY pair is consolidating The market paused following a 3% decline in the yen over the past week USDJPY […]

Oct 04
DE 40 forecast: after the current correction, the index may regain its historical highs

After setting an all-time high, the DE 40 stock index has corrected by 2.66% but still retains upside potential. As market conditions suggest further gains, the DE 40 forecast for next week remains positive. DE 40 forecast: key trading points Recent news: German CPI was 1.6% year-on-year in September, slightly below the expected 1.9%, which […]

Oct 04
SWE Community Spotlight: SWE Entrepreneurs Affinity Group

Each month throughout the year, we spotlight a different SWE Affinity Group. Learn more about the mission, upcoming events, and how to get involved with the Entrepreneurs AG.

Oct 04
NZDUSD weakens amid challenges in New Zealand’s economy

NZDUSD has declined for the fourth consecutive trading session. A detailed analysis for 4 October 2024 provides insights into the key factors behind this movement. NZDUSD forecast: key trading points Expectations for a significant rate cut by the Reserve Bank of New Zealand have increased amid weak economic indicators The latest Quarterly Survey of Business […]

Oct 04
Gold (XAUUSD) reversed upwards ahead of Nonfarm Payrolls

The XAUUSD price reversed upwards, forming a Triangle pattern. Today, the key focus for market participants is the US employment data – read our XAUUSD analysis for today, 4 October 2024, for more detailed insights. XAUUSD forecast: key trading points Market focus: market participants are anticipating today’s US labour market data release, which could heavily […]

Oct 04
US 30 analysis: the index has failed to consolidate above the resistance level of 42,340.0 for over a week

The US 30 stock index is in an uptrend but has failed to overcome the resistance level at 42,340.0 for more than a week. The US 30 forecast for the next week is moderately positive. US 30 forecast: key trading points Recent data: Initial Jobless Claims totalled 225,000 for the week Economic indicators: reflect the […]

Oct 04
EURUSD forecast: the euro continues to lose ground against the dollar

Job growth and the projected unemployment rate in the US may put pressure on the euro. Read more in our EURUSD analysis for today, 4 October 2024. EURUSD forecast: key trading points Speech by European Central Bank Vice President Luis de Guindos Change in the number of employed in US nonfarm payrolls: previously 142 thousand, […]