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Brent prices plummeted on Monday following easing tensions in the Middle East, with support emerging at 72.00 USD during today’s Asian session. More details in our Brent analysis for today, 26 November 2024. Brent forecast: key trading points Current trend: trading within a broad sideways range Market focus: peace talks in the Middle East contribute […]
The decrease in Japan’s core CPI had a mixed effect on the USDJPY rate, with the pair continuing its correction. More details in our analysis for 26 November 2024. USDJPY forecast: key trading points Japan’s core CPI: previously at 1.7%, currently at 1.5% CB (Conference Board) US Consumer Confidence Index: previously at 108.7, projected at […]
The EURUSD rate is correcting within the downtrend. Discover more in our analysis for 26 November 2024. EURUSD forecast: key trading points The US dollar is strengthening amid Donald Trump’s threats, including his intention to introduce import tariffs The euro remains under pressure due to concerns about the eurozone’s economic slowdown and political instability in […]
The USDJPY rate is strengthening, regaining lost ground since the morning. Discover more in our analysis for 25 November 2024. USDJPY forecast: key trading points BoJ Governor Kazuo Ueda suggests a potential December rate hike to address the yen’s weakness The Japanese government has approved a 21.9 trillion JPY stimulus package to support the economy […]
The euro hit a new low before recovering. Investors are observing signs of a slowdown in European economies. Find out more in our analysis for 25 November 2024. EURUSD forecast: key trading points The EURUSD pair reached a new low and recovered Investors expect a swift reduction in ECB interest rates to support weak economies […]
The US 500 stock index has completed a correction and is again poised for another high. More details in our US 500 price forecast and analysis for next week, 2-6 December 2024. US 500 forecast: key trading points Recent data: the US PMI is projected to reach 55.3 in November Economic indicators: the PMI reflects […]