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Decreased unemployment and rising US nonfarm payrolls may temporarily strengthen the US currency against the New Zealand dollar. Find out more in our analysis for 6 September 2024. NZDUSD forecast: key trading points US nonfarm payrolls: previously at 114,000, projected at 164,000 US unemployment rate: previously at 4.3%, projected at 4.2% CFTC NZD speculative net […]
The USDJPY rate has been falling for the fourth consecutive trading session. Traders are awaiting the US employment report. Find out more in our analysis for 6 September 2024. USDJPY forecast: key trading points Today, the focus is on the US employment report for August, which may heighten expectations of a significant 50-basis-point Federal Reserve […]
The USDJPY pair is losing ground. The market favours the yen as a safe-haven asset. Discover more in our analysis for 5 September 2024. USDJPY forecast: key trading points The USDJPY pair fell to a two-month low Japan’s robust domestic statistics and weak US reports are supporting the yen USDJPY forecast for 5 September 2024: […]
The DE 40 stock index hit a new all-time high despite weak economic indicators in Germany. The primary reason for such investor reaction is the expectation of an ECB key rate cut, which cannot be a long-term factor. DE 40 forecast: key trading points Recent data: the manufacturing PMI reached 42.4 points in August Economic […]
Brent’s price dipped below 75.00 USD, with the downward momentum likely to continue after a small correction. The market will focus on US data today: the EIA oil stock change and the ADP employment statistics. Find out more in our Brent analysis for today, 5 September 2024. Brent forecast: key trading points US data: the […]
US economic forecasts could not significantly impact the strengthening of the US dollar yet due to the expectation of a US interest rate decision. Find out more in our analysis for 5 September 2024. EURUSD forecast: key trading points A speech by a member of the Supervisory Board of the European Central Bank, Anneli Tuominen […]