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The USDCAD rate is slightly declining as part of a correction, targeting 1.3862. Discover more in our analysis for 16 October 2024. USDCAD forecast: key trading points Canada’s consumer inflation (CPI) reached 1.6% y/y, below the expected 1.8% Consumer inflation fell by 0.4% m/m Canada’s core CPI rose by 1.6%, exceeding expectations of 1.5% USDCAD […]
XAUUSD price has completed a downward correction and is steadily moving upwards. Growth is expected to continue, with the price reaching a new historical maximum of 2,685 USD. Find out more in our XAUUSD analysis for today, 16 October 2024. XAUUSD forecast: key trading points Market focus: gold is approaching an all-time high of 2,685 […]
The EURUSD rate has been declining for the third consecutive trading session. More details are available in our analysis for 16 October 2024. EURUSD forecast: key trading points Atlanta Fed President Raphael Bostic stated that only one interest rate cut of 25 basis points is planned this year The Empire State Manufacturing Index dropped to […]
The USDJPY rate is slightly declining after rising for two trading sessions. Find out more in our analysis for 15 October 2024. USDJPY forecast: key trading points Bank of Japan Governor Kazuo Ueda signals reluctance to raise interest rates, increasing pressure on the yen The US Federal Reserve adopts a more moderate approach to interest […]
The JP 225 stock index is in an uptrend, but its growth potential is limited. The JP 225 forecast for next week is negative. JP 225 forecast: key trading points Recent data: foreign investors withdrew 9 billion USD from the Japanese stock market Economic indicators: demand from foreigners indicates how attractive the country’s stock assets […]
The EURUSD rate continues to edge down, falling below 1.0900. Discover more in our analysis for 15 October 2024. EURUSD forecast: key trading points Markets estimate the likelihood of a 25-basis-point Federal Reserve rate cut in November at 86.8% The ECB is expected to lower the interest rate by 25 basis points to 3.25% EURUSD […]