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XAGUSD prices completed a downward correction, and following Gold, they reversed upwards, with growth likely to continue. More details in our XAGUSD analysis for today, 21 November 2024. XAGUSD forecast: key trading points Market focus: another escalation of the conflict in the Middle East drives up Silver and Gold prices Current trend: reversal to the […]
Michele Bullock’s speech and increased US jobless claims may support the AUDUSD pair in forming a corrective wave. More details in our analysis for 21 November 2024. AUDUSD forecast: key trading points A speech by Reserve Bank of Australia Governor Michele Bullock US initial jobless claims: previously at 217,000, currently at 220,000 The US Philadelphia […]
The USDJPY rate declines, remaining close to local highs. Discover more in our analysis for 21 November 2024. USDJPY forecast: key trading points Bank of Japan Governor Kazuo Ueda emphasised that any interest rate changes will be gradual US Federal Reserve officials expressed mixed opinions on the regulator’s monetary policy Japan’s exports rose by 3.1% […]
The ECB’s financial stability report and the ECB president’s speech could further weaken the euro. Discover more in our analysis for 20 November 2024. EURUSD forecast: key trading points The ECB financial stability report A speech by ECB President Christine Lagarde US crude oil inventories: previously at 2.089 million barrels EURUSD forecast for 20 November […]
The USDJPY pair resumed growth. The market evaluates the possibility of a foreign exchange intervention by the Bank of Japan. Find out more in our analysis for 20 November 2024. USDJPY forecast: key trading points The USDJPY pair resumed its ascent Investors anticipate interventions by the Japanese authorities around the 160 JPY per USD level […]
A correction in the US Tech stock index is complete, with the price now aiming for a new all-time high. More details in our US Tech price forecast and analysis for next week, 25-29 November 2024. US Tech forecast: key trading points Recent data: Housing Starts decreased by 3.1% in October compared to the September […]