The DE 40 stock index started yesterday with an initial rise, following the US indices, but ended lower, closing at around 19,000. The DE 40 forecast for next week remains negative. DE 40 forecast: key trading points Recent data: Germany’s industrial production decreased by 2.5% month-on-month in September Economic indicators: Germany’s trade surplus sank to […]
The AUDUSD pair is rising on Thursday, with the Aussie supported by the RBA’s stance. More details in our analysis for 7 November 2024. AUDUSD forecast: key trading points The AUDUSD pair halted its rapid decline A tough RBA stance helped reduce this week’s losses AUDUSD forecast for 7 November 2024: 0.6688 Fundamental analysis The […]
XAGUSD is trading within a downward correction after reaching an annual high near 35.00 USD. The pair is under pressure due to the strengthening of the US dollar following the US election. Discover more in our XAGUSD analysis for today, 7 November 2024. XAGUSD forecast: key trading points Market focus: Donald Trump wins the US […]
Speeches by ECB officials and the Federal Reserve’s interest rate decision may add to market volatility. Discover more in our analysis for 7 November 2024. EURUSD forecast: key trading points A speech by European Central Bank official Isabel Schnabel US initial jobless claims: previously at 216,000, projected at 223,000 The US Federal Reserve’s interest rate […]
The EURUSD rate fell to 1.0700 due to the strengthening of the US dollar in anticipation of Trump’s victory. Find out more in our analysis for 6 November 2024. EURUSD forecast: key trading points The euro declines against the US dollar amid the US presidential election The Eurogroup held a meeting in Brussels yesterday The […]
Intel Corp. (NASDAQ: INTC) shares have fallen by about 55% since the beginning of 2024. The company faces significant challenges, lagging behind Advanced Micro Devices Inc. (NASDAQ: AMD) and NVIDIA Corp. (NASDAQ: NVDA). It ended Q3 with a 2 billion USD loss. This may represent an even more significant setback than the dot-com crisis, during […]
The US Tech stock index is actively rising on news of Donald Trump’s victory, fuelled by hopes that he will encourage the US Federal Reserve to implement more decisive interest rate cuts. Find out more in our US Tech price forecast and analysis for next week – 11-17 November 2024. US Tech forecast: key trading […]
The USDCAD pair is confidently rising, with the US dollar in demand as the majority of votes favour Trump. More details in our analysis for 6 November 2024. USDCAD forecast: key trading points The USDCAD pair surges The market is following the first reports on the US presidential election USDCAD forecast for 6 November 2024: […]
The US presidential election has put pressure on the yen, which continues to lose ground against the US dollar. More details in our analysis for 6 November 2024. USDJPY forecast: key trading points The Bank of Japan monetary policy meeting minutes Japan’s services PMI: previously at 53.1, currently at 49.7 US presidential election USDJPY forecast […]
XAUUSD prices continue to correct, plunging to 2,700 USD amid US dollar growth driven by the US election. Once the correction is complete, growth could resume. Discover more in our XAUUSD analysis for today, 6 November 2024. XAUUSD forecast: key trading points Market focus: Donald Trump is confidently in the lead in the ongoing US […]