Rising retail sales offset falling industrial production, which supported the yen. Read more in our detailed USDJPY analysis for today, 30 September 2024. USDJPY forecast: key trading points Industrial production in Japan (August 2024): previously 3.1%, actual -3.3% Japan retail sales (August 2024): previously 2.7%, actual 2.8% Fed Chair Jerome Powell’s speech: expected to impact […]
EURUSD is resuming its upward movement. The market is anticipating a significant easing of the Fed’s monetary policy in the future. Read more details in our analysis for 27 September 2024. EURUSD forecast: key trading points EURUSD is set for growth The US dollar is declining as the market expects the Fed to reduce interest […]
The US 30 stock index made several historic highs last week, but the growth rate is slowing down, and a corrective decline may be imminent. Therefore, the forecast for the US 30 for next week is negative. US 30 forecast: key trading points Recent data: the US GDP growth rate has been revised up by […]
USDJPY is rising for the third consecutive trading session. Read more in our analysis for today – 27 September 2024. USDJPY forecast: key trading points Core inflation in Tokyo declined to 2.0% in September from 2.4% in August Japan’s index of leading economic indicators was revised downwards to 109.3 in July Japan’s unemployment rate rose […]
The XAUUSD price set another all-time high yesterday at 2,685 USD. Today, market participants will focus on the US inflation growth rate data – read about it in our XAUUSD analysis for today, 27 September 2024. XAUUSD forecast: key trading points Market focus: today, market participants are awaiting US inflation data – the Core Personal […]
Rising PCE and Michelle Bowman’s speech could support the US dollar – read more in our analysis for 27 September 2024. NZDUSD forecast: key trading points US Core PCE (YoY): Previously 2.6%, Forecasted 2.7% Speech by Michelle Bowman, member of the US Federal Open Market Committee (FOMC) CFTC NZD Net Speculative Positions: Previously -1.9K NZDUSD […]
The USDJPY continues to exhibit upward momentum, climbing to a three-week high as the US dollar garners favour among investors. Read more in our analysis for 26 September 2024. USDJPY forecast: key trading points USDJPY growth: the pair has shown steady growth as the Japanese yen continues to retreat amidst the strengthening US dollar Investor […]
After the quarterly report was published on 5 September 2024, Broadcom shares fell by 10%, reaching the support level of 136 USD. However, sharp growth began the following day, and by 13 September, the stock price rose by 22%. The last quarter’s results exceeded expectations, and the company’s management provided an optimistic forecast for the […]
Despite Germany’s economic downturn, the DE 40 stock index continues rising, reaching historical highs. This anomaly is unlikely to last long, so the forecast for the DE 40 for next week is negative. DE 40 forecast: key trading points Recent data: Manufacturing PMI was 40.3 points in September Economic indicators: Manufacturing PMI reflects current economic […]
AUDUSD is regaining some of its lost ground after falling more than 1% the previous day. Read more details in our analysis for 26 September 2024. AUDUSD forecast: key trading points Support for the Chinese economy stimulates demand for Australian exports, which helps AUDUSD to strengthen The Australian Consumer Price Index declined to 2.7% in […]