Day: November 12, 2024

Nov 12
USDJPY rises for the second day: market preference for the US dollar takes priority

The USDJPY pair is increasing, with renewed interest in the US dollar gaining traction. Find out more in our analysis for 12 November 2024. USDJPY forecast: key trading points The USDJPY pair is rising Investors are concerned about the prospects for the Bank of Japan interest rate hikes USDJPY forecast for 12 November 2024: 155.00 […]

Nov 12
JP 225 analysis: the index holds above 39,000.0

The JP 225 stock index is rising moderately, with a triangle pattern formed on the chart. The JP 225 forecast for the next week is positive. JP 225 forecast: key trading points Recent data: machine tool orders in Japan increased by 9.3% Economic indicators: these orders reflect the change in the total value of new […]

Nov 12
USDCHF is on the rise: the US dollar leaves no alternatives

The USDCHF pair is rising, with investors favouring the US dollar. More details in our analysis for 12 November 2024. USDCHF forecast: key trading points The USDCHF pair has gained significantly The SNB may lower the interest rate by 50 basis points at once at its December meeting USDCHF forecast for 12 November 2024: 0.8850 […]

Nov 12
Brent tumbles, falling below 72.00 USD

Brent prices declined moderately during the Asian session. Market participants are awaiting the release of the OPEC monthly report today. Find out more in our Brent analysis for today, 12 November 2024. Brent forecast: key trading points Current trend: trading within a broad sideways range Market focus: market participants are awaiting today’s statistics from the […]

Nov 12
EURUSD: the euro declines for the second consecutive week

A slight increase in the eurozone’s economic indicators could further weaken the euro against the US dollar. Discover more in our analysis for 12 November 2024. EURUSD forecast: key trading points Germany’s Consumer Price Index (CPI) (m/m): previously at 0.4%, projected at 0.4% The ZEW Economic Sentiment Index for the eurozone: previously at 20.1, projected […]