The XAUUSD price hit another historic high at 2,600 USD after the US Federal Reserve cut the interest rate by 0.5%. The current trend of XAUUSD is upward, and further upward movement may continue. For more information, check out our XAUUSD forecast for today, 20 September 2024. XAUUSD forecast: key trading points Market focus: gold […]
The USDJPY rate has seen significant movement as the Japanese yen strengthens due to critical economic factors. The yen experienced a boost following the Bank of Japan’s decision to keep interest rates unchanged. This article provides a comprehensive analysis, focusing on the USDJPY forecast, key signals, and the market outlook for 20 September 2024. USDJPY […]
The EURUSD rate is experiencing its third consecutive trading session of gains, although it remains below the critical resistance level of 1.1200. In this EURUSD analysis for 20 September 2024, we explore the latest market movements, provide a EURUSD forecast, and offer trading signals for the pair. EURUSD forecast: key trading points US jobless claims: […]
The EURUSD pair reacts strongly to the Federal Reserve decision, with the euro attempting to build up upward momentum. Discover more in our analysis for 19 September 2024. EURUSD forecast: key trading points The EURUSD pair may rise A Federal Reserve interest rate cut will exert long-term pressure on the US dollar EURUSD forecast for […]
The DE 40 stock index is rising amid general investor optimism after the first US Federal Reserve interest rate cut in four years. However, the German economic situation does not support this sentiment. The DE 40 forecast for next week is negative. DE 40 forecast: key trading points Recent data: the ZEW Indicator of Economic […]
Brent’s price is trading within an upward correction, supported by investor optimism amid the Federal Reserve interest rate cut. However, subsequently, the decline may still continue. Find out more in our Brent analysis for today, 19 September 2024. Brent forecast: key trading points US data: the US Federal Reserve started the monetary policy easing cycle, […]
The Federal Reserve interest rate change and stabilising unemployment in Australia supported the Australian dollar. Find out more in our analysis for 19 September 2024. AUDUSD forecast: key trading points Australia’s employment change: previously at 48,900, currently at 47,500 Australia’s unemployment rate: previously at 4.2%, currently at 4.2% US initial jobless claims: previously at 230,000, […]
The USDJPY rate is correcting after rebounding from the 143.40 resistance level. Find out more in our analysis for 19 September 2024. USDJPY forecast: key trading points Jerome Powell’s comments: further large interest rate cuts will not be the new standard US economic data expectations: focus on initial jobless claims and existing home sales The […]
The USDJPY pair is going down on Wednesday. The JPY is gaining ground ahead of BoJ decisions. Discover more in our analysis for 18 September 2024. USDJPY forecast: key trading points The USDJPY pair came under pressure The Bank of Japan is poised to raise interest rates at the December meeting USDJPY forecast for 18 […]
XAUUSD price remains near annual highs, awaiting the US Federal Reserve interest rate decision. Its announcement and the press conference of the Federal Reserve chair may give fresh momentum to the stock price. Find out more in our XAUUSD analysis for today, 18 September 2024. XAUUSD forecast: key trading points Market focus: market participants are […]