Day: December 17, 2024

Dec 17
EURUSD awaits news: no one takes risks ahead of the Fed meeting

The EURUSD pair remains stable at around 1.0510 on Tuesday. The market seeks signals from the Federal Reserve. Find out more in our analysis for 17 December 2024. EURUSD forecast: key trading points The EURUSD pair consolidates ahead of the Federal Reserve’s decision Investors are keen to know how the regulator will act in 2025 […]

Dec 17
JP 225 analysis: the index failed to hold above the 40,000.0 level

The JP 225 stock index is experiencing upward momentum on the chart. Last week, the quotes rose above the 40,000.0 level but failed to consolidate there, subsequently entering a correction. The JP 225 forecast for next week is moderately negative. JP 225 forecast: key trading points Recent data: the Jibun Bank Japan manufacturing PMI rose […]

Dec 17
USDJPY: the markets are anticipating a Fed rate cut

The USDJPY rate is slightly correcting, with buyers targeting a breakout above the 154.25 resistance level. Find out more in our analysis for 17 December 2024. USDJPY forecast: key trading points USDJPY continues to rise due to pressures on the yen caused by expectations that the Bank of Japan will maintain its current interest rate […]

Dec 17
USDCHF: the Swiss franc continues to lose ground against the US dollar

A rise in US industrial production and retail sales could drive the USDCHF rate up to 0.9040. More details in our analysis for 17 December 2024. USDCHF forecast: key trading points SECO economic forecasts for Switzerland US retail sales (m/m): previously 0.4%, projected at 0.6% US industrial production (m/m): previously -0.29%, projected at 0.10% USDCHF […]

Dec 17
Brent has consolidated above 73.00 USD

Brent is trading within a broad sideways range between 70.00 USD and 76.00 USD, with prices currently hovering around 73.00 USD. Growth to its upper boundary is likely soon. Discover more in our Brent analysis for today, 17 December 2024. Brent forecast: key trading points Current trend: trading within a broad sideways range Market focus: […]