Latest Market News
EURUSD is testing a four-week low. Investors are shying away from risk as tensions escalate. Read more in our detailed EURUSD forecast for 2 October 2024. EURUSD forecast: key trading points EURUSD declined sharply The US dollar is in demand as a safe-haven asset EURUSD forecast for 2 October 2024: 1.0982 Fundamental analysis The EURUSD […]
The reduction of the US Federal Reserve’s interest rate by 0.5% indicates that the country’s economy is slowing down, which could ultimately negatively impact the revenues of logistics companies. On 19 September 2024, FedEx Corp (NYSE: FDX) published a quarterly report that fell short of expectations, causing the company’s shares to fall by more than […]
The US Tech stock index is in an uptrend and is expected to reach new all-time highs. The forecast for US Tech next week is positive. US Tech forecast: key trading points Recent data: ISM Manufacturing PMI was 47.2% in September Economic indicators: the ISM Manufacturing PMI is an indicator of the manufacturing sector’s economic […]
Employment growth and changes in US crude oil inventories may significantly impact the USDCAD price. Read details in our USDCAD forecast for today, 2 October 2024. USDCAD forecast: key trading points ADP change in US nonfarm employment: previous reading 99,000; forecast 124,000 US Federal Open Market Committee (FOMC) member Michelle Bowman’s speech US crude oil […]
The USDJPY is strengthening amid ongoing uncertainty around the BoJ’s future actions. Read more in our USDJPY analysis for today, 2 October 2024. USDJPY forecast: key trading points Japan’s Economy Minister, Ryosei Akazawa, urges caution on a rate hike Japan’s Tankan Large Producer Business Activity Index hits a two-year high Japan’s Consumer Confidence Index rises […]
USDJPY remains on the upside. Powell and Ishiba supported the USD. Read more in our USDJPY analysis for 1 October 2024. USDJPY forecast: key trading points The USDJPY pair has been ‘in the plus’ for the second consecutive day Powell’s comments have reinforced support for the US dollar USDJPY forecast for 1 October 2024: 144.47 […]