Latest Market News

The AUDUSD rate is rising on Thursday morning; buyers are testing the resistance area. Find out more in our analysis dated 8 August 2024. AUDUSD trading key points The Reserve Bank of Australia left the interest rate unchanged at 4.35% for the sixth consecutive time The Australian dollar reached a two-week high against the US […]

The DE 40 stock index fell by 9.88% from its all-time high, exiting a sideways channel on Monday. The DE 40 index forecast suggests a further decline. DE 40 trading key points Recent data: Germany’s factory orders unexpectedly rose by 3.9% in June, exceeding analysts’ forecast of 0.5% Economic indicators: the German economy largely depends […]

Brent price closed yesterday’s session with sustained growth, driven by statistics on decreased US oil inventories. Find out more in our Brent analysis for today, 8 August 2024. Brent trading key points US data: according to EIA data, US oil inventories decreased by 3.7 million barrels last week Brent forecast for 8 August 2024: 79.30 […]

The USDJPY pair is under pressure again. The market is deciding on a further action scenario. Find out more in our analysis dated 8 August 2024. USDJPY trading key points The USDJPY pair is declining again Bank of Japan members call for an interest rate hike USDJPY forecast for 8 August 2024: 145.00 and 148.11 […]

The EURUSD rate has declined for the second consecutive session, failing to sustain the levels observed at the beginning of 2024. Find out more in our analysis dated 7 August 2024. EURUSD trading key points The EURUSD pair has stabilised after reaching a seven-month high Germany’s trade balance surplus decreased to 20.4 billion EUR The […]

Although the XAUUSD price has dipped below 2,400 USD from its all-time high area, the uptrend persists, and growth may resume. Find out more in our XAUUSD analysis for today, 7 August 2024. XAUUSD trading key points Market focus: markets are under pressure from weak US employment data Current trend: gold is undergoing a downward […]