Day: November 22, 2024

The New Zealand dollar fell to an annual low, with investors siding with the USD. Find out more in our analysis for 22 November 2024. NZDUSD forecast: key trading points The NZDUSD pair reached a new annual trough The RBNZ is expected to lower the interest rate by 50 basis points in one move next […]

The US 30 stock index is in a strong uptrend, showing no signs of a medium-term reversal. More details in our US 30 price forecast and analysis for next week, 25-29 November 2024. US 30 forecast: key trading points Recent data: initial jobless claims totalled 213,000 in the previous week Economic indicators: this is a […]

A decline in Japan’s fundamental indicators and stabilising US inflation may trigger a new growth wave in the USDJPY pair. More details in our analysis for 22 November 2024. USDJPY forecast: key trading points Japan’s nationwide core Consumer Price Index (y/y): previously at 2.4%, currently at 2.3% US services PMI: previously at 55.0, projected at […]

The EURUSD rate is showing a correction after yesterday’s aggressive decline. Find out more in our analysis for 22 November 2024. EURUSD forecast: key trading points The likelihood of a Federal Reserve interest rate cut in December is estimated by markets at 55.9%, with some traders expecting a pause US initial jobless claims fell to […]

XAUUSD prices continue strengthening significantly after forming a local trough and reversing upwards. Further growth may follow a brief correction. Discover more in our XAUUSD analysis for today, 22 November 2024. XAUUSD forecast: key trading points Market focus: US statistics on the Composite Purchasing Managers’ Index (PMI) and Michigan Consumer Sentiment Index are due today […]