News

Dec 10
USDJPY: the pair has the potential to continue its ascent after completing a correction

The decrease in Japan’s machine tool orders could drive growth in the USDJPY rate to 152.50. More details in our analysis for 10 December 2024. USDJPY forecast: key trading points Japan’s machine tool orders for November: previously at 9.4%, currently at 3.0% US Q3 nonfarm productivity level: previously at 2.2%, projected at 2.3% US Q3 […]

Dec 10
USDCHF declines to 0.8780: the franc maintains the upper hand

The USDCHF pair has been under selling pressure for the fifth consecutive trading session as the market assesses the situation regarding US trade duties. Find out more in our analysis for 10 December 2024. USDCHF forecast: key trading points The USDCHF pair continues to decline Investors are monitoring developments concerning US trade duties USDCHF forecast […]

Dec 10
JP 225 analysis: the index holds steadily above 39,000.0

The JP 225 stock index shows upward momentum on the chart, securing above 39,000.0. The JP 225 forecast for next week is positive. JP 225 forecast: key trading points Recent data: Japan’s GDP rose by 1.2% year-on-year in Q3 2024 Economic indicators: GDP is the key measure of the country’s economic growth Market impact: an […]

Dec 10
Brent is trading below 72.00 USD following the OPEC+ meeting

Brent is trading within a broad sideways range, with prices currently hovering around 72.00 USD. Market participants did not receive significant signals from the OPEC+ meeting. Find out more in our Brent analysis for today, 10 December 2024. Brent forecast: key trading points Current trend: trading within a broad consolidation range Market focus: the OPEC+ […]

Dec 09
Gold (XAUUSD) remained within a range after the nonfarm payrolls release

XAUUSD prices continue to consolidate within a limited range near the 2,650 USD level following Friday’s release of robust US employment statistics. Discover more in our XAUUSD analysis for today, 9 December 2024. XAUUSD forecast: key trading points Market focus: nonfarm payrolls data exceeded forecasts, showing an increase of 227 thousand jobs Current trend: consolidating […]

Dec 09
EURUSD declines to 1.0539: investors avoid risk

The EURUSD pair is under selling pressure, with the market favouring the US dollar again. Find out more in our analysis for 9 December 2024. EURUSD forecast: key trading points The EURUSD pair has been declining for the second consecutive trading session This week’s US inflation report will be the last statistics to be released […]