Tag: Roboforex
The US and Japan’s PMI data, supported by US jobless claims, could influence the movements of USDJPY. Find out more in our analysis for 24 October 2024. USDJPY forecast: key trading points Japan’s manufacturing PMI: previously at 49.7, currently at 49.0 Japan’s services PMI: previously at 53.1, currently at 49.3 US initial jobless claims: previously […]
XAGUSD prices are undergoing a downward correction after failing to break above the 35.00 USD level. The trend remains upward, with growth likely to continue. Find out more in our XAGUSD analysis for today, 24 October 2024. XAGUSD forecast: key trading points Silver hit a new annual high of 34.86 USD Current trend: correcting as […]
The EURUSD rate is correcting after falling for three consecutive trading sessions. More details in our analysis for 24 October 2024. EURUSD forecast: key trading points US mortgage applications decreased by 6.7% in the third week of October US existing home sales sank by 1% to 3.84 million EURUSD forecast for 24 October 2024: 1.0815 […]
Despite the challenges PepsiCo Inc. (NYSE: PEP) has faced, its stock price has been rising steadily. On 8 October, the company released its Q3 2024 report, posting revenue lower than the corresponding period in 2023. Nonetheless, the stock price continued its upward trajectory. Based on the quarterly earnings report, this article provides a fundamental analysis […]
The EURUSD pair continues to decline as the market turns towards safe-haven assets. Find out more in our analysis for 23 October 2024. EURUSD forecast: key trading points The EURUSD pair continues to fall The US dollar is in demand, driven by expectations of Federal Reserve decisions and the upcoming US election EURUSD forecast for […]
The US Tech stock index is in an uptrend. However, the quotes have been hovering between the current resistance and support levels for over a week. The US Tech forecast for next week is moderately optimistic. US Tech forecast: key trading points Recent data: the Richmond Manufacturing Index came in at -14 points in October […]
The USDJPY rate has been rising for the third consecutive trading session. Find out more in our analysis for 23 October 2024. USDJPY forecast: key trading points The Japanese yen has declined to a three-month low due to the strengthening of the US dollar amid robust economic data The formation of a Japanese coalition government […]
The Bank of Canada will release its monetary policy report and interest rate decision today. More details in our analysis for 23 October 2024. USDCAD forecast: key trading points The release of the Bank of Canada monetary policy report The Bank of Canada interest rate decision: previously at 4.25%, projected at 3.75% The Bank of […]
Gold is rising amid increasing uncertainty ahead of the US election. Discover more in our analysis for 23 October 2024. XAUUSD forecast: key trading points Gold has set a new record, testing the 2,753 USD level Stronger demand is due to the upcoming US election, which creates uncertainty in the markets Both US presidential candidates […]
The USDCHF rate slightly declines on Tuesday. More details in our analysis for 22 October 2024. USDCHF forecast: key trading points Markets predict Trump’s potential victory, which may drive up US inflation, adding pressure on the franc Expectations of monetary policy easing by the Swiss National Bank support the rise in the USDCHF pair USDCHF […]