News

Nov 29
EURUSD: the US dollar loses ground amid hawkish ECB comments

The EURUSD rate is testing the crucial 1.0580 resistance level. Discover more in our analysis for 29 November 2024. EURUSD forecast: key trading points Hawkish comments from an ECB official support the euro’s rally Germany’s annual inflation rose to 2.2% in November 2024, with core inflation up to 3.0% The likelihood of a 50-basis-point ECB […]

Nov 29
USDJPY: the yen attempts to regain ground against the US dollar

The USDJPY rate fell below 150.00 amid positive fundamental data from Japan. More details in our analysis for 29 November 2024. USDJPY forecast: key trading points Tokyo’s core CPI in November: previously at 1.8%, currently at 2.2% Japan’s industrial production in October: previously at 1.6%, currently at 3.0% Japan’s retail sales (y/y): previously at 0.6%, […]

Nov 29
Gold (XAUUSD) is up, rising above 2,650 USD

This week, XAUUSD prices received support from buyers at the 2,600 USD level and reversed upwards, with growth likely to continue. More details in our XAUUSD analysis for today, 29 November 2024. XAUUSD forecast: key trading points Market focus: the US markets are closed as the country celebrates Thanksgiving Day Current trend: Upward movement XAUUSD […]

Nov 28
The euro is in positive territory while the US dollar rests: US sentiment shifts before the long weekend

The EURUSD pair is on the rise. Investors are evaluating the US GDP and core PCE data. Find out more in our analysis for 28 November 2024. EURUSD forecast: key trading points The EURUSD pair has risen and stabilised Investors are assessing statistics and the risks of new tariff complications EURUSD forecast for 28 November […]

Nov 28
AUDUSD: the Australian dollar continues to lose ground

The Australian dollar is awaiting the speech of the Reserve Bank of Australia Governor. More details in our analysis for 28 November 2024. AUDUSD forecast: key trading points Thanksgiving Day in the US A speech by Reserve Bank of Australia Governor Michele Bullock Australia’s building capital expenditure in Q3: previously at -3.8%, currently at 1.1% […]

Nov 28
USDJPY is under pressure amid expectations of a BoJ interest rate hike

The USDJPY rate is recovering after falling for two days. Discover more in our analysis for 28 November 2024. USDJPY forecast: key trading points The Japanese yen has strengthened by over 2.6% in the past two days due to expectations of a monetary policy tightening by the BoJ The Bank of Japan’s chief hinted at […]