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The EURUSD rate has reached a three-week high following the release of the ECB meeting minutes. The current EURUSD rate is 1.0822. EURUSD trading key points Eurozone inflation remains above the 2% target US job growth is expected to slow down The likelihood of a Federal Reserve interest rate cut in September increased to 73% […]
On 19 March 2024, Chipotle Mexican Grill (NYSE: CMG) announced a 50-for-1 stock split scheduled for 25 June, one of the largest stock splits in NYSE history. Investors favoured this decision, with the stock price rising since 19 March, hitting new all-time highs. As scheduled, Chipotle successfully completed its split on 25 June, with the […]
Risk appetite is pushing up the EURUSD pair. US statistics came out mixed, providing no clear signals. EURUSD trading key points The ADP signal was neutral in June Today is a public holiday in the US, so activity will be lower EURUSD targets: 1.0730, 1.0680, 1.0555 EURUSD fundamental analysis The EURUSD pair has risen markedly […]
After consolidating, The US Tech index has breached the resistance level. It is heading towards a new all-time high, with the speech by Federal Reserve Chair Jerome Powell serving as a fundamental driver. US Tech trading key points Recent data: US core PCE inflation eased to 2.6% year-over-year in June Economic indicators: the US Federal […]
Investors expect the Swiss franc to continue losing ground, so the USDCHF pair continues its ascent. USDCHF trading key points Switzerland’s non-seasonally adjusted unemployment rate: currently at 2.4% compared to the previous reading of 2.4% Switzerland’s consumer price index (m/m, June): currently at 0.0% compared to the previous reading of 0.3% Switzerland’s consumer price index […]
The USDJPY rate is declining ahead of Friday’s US nonfarm payrolls report. USDJPY trading key points The Federal Reserve’s June meeting minutes confirm US economic slowdown The likelihood of a Federal Reserve interest rate cut in September increased to 68% from 56% Traders are awaiting the release of Friday’s US nonfarm payrolls report USDJPY targets: […]