Latest Market News
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 […]
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 […]
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 […]
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: […]
Amid a speech by the ECB President, the EURUSD rate may decline to 1.0414 following a correction. Discover more in our analysis for 16 December 2024. EURUSD forecast: key trading points ECB President Christine Lagarde will deliver a speech US manufacturing PMI: previously 49.7, projected at 49.4 US services PMI: previously 56.1, projected at 55.7 […]
The USDJPY pair rose to 153.77 at the start of the week as investors bet on the Bank of Japan’s indecision. Find out more in our analysis for 16 December 2024. USDJPY forecast: key trading points The USDJPY pair continues its rally Investors believe that the Bank of Japan will refrain from raising the interest […]