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Day: December 9, 2024

Dec 09
Gold (XAUUSD) remained within a range after the nonfarm payrolls release

XAUUSD prices continue to consolidate within a limited range near the 2,650 USD level following Friday’s release of robust US employment statistics. Discover more in our XAUUSD analysis for today, 9 December 2024. XAUUSD forecast: key trading points Market focus: nonfarm payrolls data exceeded forecasts, showing an increase of 227 thousand jobs Current trend: consolidating […]

Dec 09
EURUSD declines to 1.0539: investors avoid risk

The EURUSD pair is under selling pressure, with the market favouring the US dollar again. Find out more in our analysis for 9 December 2024. EURUSD forecast: key trading points The EURUSD pair has been declining for the second consecutive trading session This week’s US inflation report will be the last statistics to be released […]

Dec 09
The Art of Design: Creating Harmonious Workspaces for Optimal Well-Being

Dr. Hannah Yang shares how to design an ideal home workspace that encourages productivity and creativity. Source

Dec 09
US 500 analysis: growth rate slows but a new all-time high is still likely

The US 500 stock index will likely attempt to reach a new all-time high before a correction. Find out more in our US 500 price forecast and analysis for next week, 16-20 December 2024. US 500 forecast: key trading points Recent data: US nonfarm payrolls (NFP) reached 227 thousand in November Economic indicators: the NFP […]

Dec 09
GBPUSD: the pound has the potential to strengthen against the US dollar

David Ramsden’s speech may trigger a further decline in the GBPUSD rate to 1.2700. Find more details in our analysis for 9 December 2024. GBPUSD forecast: key trading points A speech by a member of the Bank of England’s Monetary Policy Committee David Ramsden US wholesale inventories (m/m): previously at 0.2%, projected at 0.2% US […]

Dec 09
EURUSD, USDJPY, GBPUSD, AUDUSD, USDCHF, NZDUSD, and USDCAD technical analysis and forecast for 9-13 December 2024

Here is a detailed weekly technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCHF, NZDUSD, and USDCAD for 9-13 December 2024. EURUSD forecast The EURUSD pair has completed a growth wave, reaching 1.0629. This growth structure is considered a correction of the previous downward wave, with a new descending wave expected to start, aiming […]

Dec 09
Improving business activity in Japan may restrain USDJPY growth

The USDJPY rate is testing the 150.15 resistance level, with pressure from buyers persisting. Discover more in our analysis for 9 December 2024. USDJPY forecast: key trading points Japan’s economy grew by 0.3% in Q3, above preliminary estimates and market expectations Toyoaki Nakamura expressed concern about the insufficient sustainability of wage growth Japan’s services PMI […]

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