Day: October 11, 2024
The USDJPY pair is stuck in a consolidation phase, and the market is following the news. Find out more in our analysis for 11 October 2024. USDJPY forecast: key trading points The USDJPY pair continues to consolidate The yen is under pressure due to a strong US dollar and general uncertainty about further BoJ interest […]
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The US 30 stock index significantly slowed its growth rate and will likely reverse into a downtrend. The US 30 forecast for next week is moderately negative. US 30 forecast: key trading points Recent data: the US Consumer Price Index (CPI) rose by 2.4% over the past 12 months Economic indicators: after labour market data, […]
The NZDUSD pair is rising, and investors are buying the Kiwi at lows. Discover more in our analysis for 11 October 2024. NZDUSD forecast: key trading points The NZDUSD pair begins its ascent Following a protracted decline, the NZD rate appears attractive to investors NZDUSD forecast for 11 October 2024: 0.6138, 0.6182, and 0.6214 Fundamental […]
The EURUSD rate shows slight growth after rebounding from the EMA-200. Find out more in our analysis for 11 October 2024. EURUSD forecast: key trading points The US Consumer Price Index decreased to 2.4%, coming in above the projected 2.3% and marking the lowest reading since February 2021 US core inflation rose to 3.3%, exceeding […]
XAUUSD price has completed a downward correction, with the chart showing an upward reversal. The market will focus on the US Producer Price Index (PPI) data. More details and insights are available in our XAUUSD analysis for today, 11 October 2024. XAUUSD forecast: key trading points Market focus: market participants are awaiting today’s US inflation […]
