Day: December 3, 2024

Dec 03
USDJPY resumes growth, but the yen will not retreat easily

The USDJPY pair rose to 150.06 on Tuesday. Despite sustained pressure, the Japanese yen remains resilient. Find out more in our analysis for 3 December 2024. USDJPY forecast: key trading points The USDJPY pair recorded modest gains Investors remain optimistic about a December Bank of Japan interest rate hike USDJPY forecast for 3 December 2024: […]

Dec 03
JP 225 analysis: the index rises above 39,000.0

The JP 225 stock index experiences upward momentum on the chart, securing a position above 39,000.0. The JP 225 forecast for next week is positive. JP 225 forecast: key trading points Recent data: the Jibun Bank Japan manufacturing PMI dropped to 49.0 points in November Economic indicators: this is a leading indicator that measures business […]

Dec 03
USDCHF strengthens amid a decline in Switzerland’s PMI

The USDCHF rate is advancing towards the 0.8905 resistance level. Discover more in our analysis for 3 December 2024. USDCHF forecast: key trading points Switzerland’s PMI decreased by 1.4 points to 48.5 in November, remaining in a stagnation zone below the 50.0 level for 23 consecutive months Switzerland’s retail sales rose by 1.4% year-on-year in […]

Dec 03
Brent is trading around 72.00 USD ahead of the OPEC+ meeting

Brent is trading within a narrow sideways range around the 72.00 USD level as market participants await the outcome of the OPEC+ meeting scheduled for Thursday. Find out more in our Brent analysis for today, 3 December 2024. Brent forecast: key trading points Current trend: trading within a broad sideways range Market focus: OPEC+ will […]

Dec 03
EURUSD: the euro has little chance of strengthening

The positive news flow from the US may exert additional downward pressure on the EURUSD rate, with the target set at the 1.0433 level. More details in our analysis for 3 December 2024. EURUSD forecast: key trading points Member of the ECB’s Executive Board, Piero Cipollone, will deliver a speech US JOLTS job openings: previously […]