Day: February 3, 2025
XAUUSD prices are correcting within an ascending channel, with quotes currently at 2,787 USD. Find out more in our analysis for 3 February 2025. XAUUSD forecast: key trading points Investors are locking in profits after prices have reached a new all-time high, adding to the downward pressure New tariffs imposed by the US on imports […]
The eurozone and US PMIs may trigger a correction in the EURUSD rate towards 1.0350. More details in our analysis for 3 February 2025. EURUSD forecast: key trading points The eurozone’s manufacturing PMI for January: previously at 45.1, projected at 46.1 The eurozone’s CPI for January: previously at 2.4%, projected at 2.4% The US manufacturing […]
The USDCAD rate soared to 1.4800 on Monday due to tariffs imposed by the US on goods from Canada and other countries over the weekend. Discover more in our analysis for 3 February 2025. USDCAD forecast: key trading points The US imposed 25% tariffs on Canadian goods Current trend: a strong uptrend USDCAD forecast for […]
The USDJPY pair rose to 155.50 at the beginning of the week. The US imposed trade tariffs on its major partners. Find out more in our analysis for 3 February 2025. USDJPY forecast: key trading points The USDJPY pair is steadily rising in response to higher risks Investors are concerned about possible complications for the […]
