The latest data from the US indices suggest that the US dollar is likely to strengthen further. Discover more in our analysis for 13 November 2024. USDCAD forecast: key trading points The Thomson Reuters/Ipsos Primary Consumer Sentiment Index: previously at 48.41 US core Consumer Price Index (CPI) (m/m) in October: previously at 0.3%, projected at […]
On 29 October, Advanced Micro Devices, Inc. (NASDAQ: AMD) released its Q3 2024 report, posting higher-than-forecast revenue and income. However, following the announcement of the results, the company’s share price declined as investors grew concerned about the Q4 forecast, which suggested revenue growth may slow more than expected. This could signal a deceleration in the […]
The USDJPY rate is rising, surpassing a local high of 154.70. Find out more in our analysis for 13 November 2024. USDJPY forecast: key trading points The USDJPY pair is trading in an uptrend The Bank of Japan is in no rush to raise rates Inflation in the country is rising moderately USDJPY forecast for […]
The USDJPY pair is increasing, with renewed interest in the US dollar gaining traction. Find out more in our analysis for 12 November 2024. USDJPY forecast: key trading points The USDJPY pair is rising Investors are concerned about the prospects for the Bank of Japan interest rate hikes USDJPY forecast for 12 November 2024: 155.00 […]
The JP 225 stock index is rising moderately, with a triangle pattern formed on the chart. The JP 225 forecast for the next week is positive. JP 225 forecast: key trading points Recent data: machine tool orders in Japan increased by 9.3% Economic indicators: these orders reflect the change in the total value of new […]
The USDCHF pair is rising, with investors favouring the US dollar. More details in our analysis for 12 November 2024. USDCHF forecast: key trading points The USDCHF pair has gained significantly The SNB may lower the interest rate by 50 basis points at once at its December meeting USDCHF forecast for 12 November 2024: 0.8850 […]
Brent prices declined moderately during the Asian session. Market participants are awaiting the release of the OPEC monthly report today. Find out more in our Brent analysis for today, 12 November 2024. Brent forecast: key trading points Current trend: trading within a broad sideways range Market focus: market participants are awaiting today’s statistics from the […]
A slight increase in the eurozone’s economic indicators could further weaken the euro against the US dollar. Discover more in our analysis for 12 November 2024. EURUSD forecast: key trading points Germany’s Consumer Price Index (CPI) (m/m): previously at 0.4%, projected at 0.4% The ZEW Economic Sentiment Index for the eurozone: previously at 20.1, projected […]
Stable bank lending and the Bank of Japan’s summary of opinions may support the yen’s strengthening against the US dollar. Discover more in our analysis for 11 November 2024. USDJPY forecast: key trading points Japan’s Bank Lending Rate (y/y): previously at 2.7%, currently at 2.7% The Bank of Japan summary of opinions Japan’s Economy Watchers […]
The GBPUSD pair started the week in calm conditions. The pound has absorbed the recent shock and recovered. Find out more in our analysis for 11 November 2024. GBPUSD forecast: key trading points The GBPUSD pair has stabilised The market expects the Bank of England to reduce interest rates gradually GBPUSD forecast for 11 November […]