USDJPY starts the week with a rise. The Japanese yen comes under pressure from a strong US dollar. Find out more in our analysis dated 2 September 2024. USDJPY forecast: key trading points The USDJPY pair rose to a two-week high Investors are monitoring statistics and awaiting US employment market reports USDJPY forecast for 2 […]
Gold (XAUUSD) price has remained above 2,500 USD since the start of the week, but it has yet to surpass the historical high of 2,532 USD. Today, market attention turns to the release of US inflation data (PCE), which could influence price movements. For detailed insights, read our XAUUSD analysis for 30 August 2024. XAUUSD […]
Despite rising building permits in New Zealand and declining net speculative positions on the NZD, the New Zealand dollar faces a correction. Read more in today’s NZDUSD analysis and forecast for 30 August 2024. NZDUSD forecast: key trading points Building permits: previous value: -17.0%, current value: 26.2% Net speculative positions on NZD (CFTC): previous value: […]
In this US 30 analysis, we observe that the US 30 index is currently undergoing a correction after reaching a new high in the previous session. Discover more in our detailed US 30 forecast and outlook for the next week. US 30 forecast: key trading points The US 30 Index reached a new record high […]
The USDJPY pair is experiencing a slight correction on Friday after two consecutive days of gains. To understand the latest market movements, delve into our analysis for 30 August 2024. USDJPY forecast: key trading points Japan’s unemployment rate for July 2024 increased to 2.7%. Core CPI in Tokyo rose by 2.4% in August 2024 Japan’s […]
The EURUSD pair declined on Friday, supported by robust US macroeconomic data. Read more in our analysis for 30 August 2024. EURUSD forecast: key trading points EURUSD pair hits two-week low The dollar was bolstered by a strong GDP report and a slight moderation in expectations for the upcoming Federal Reserve meeting in September EURUSD […]
The AUDUSD rate is rising on Thursday following a three-day correction. Find out more in our analysis dated 29 August 2024. AUDUSD forecast: key trading points Australia’s private capital expenditure decreased by 2.2% Private real estate investments in the Australian economy dropped by 3.8%, marking the most significant decline over the past four years Private […]
ECB officials’ speeches, US initial jobless claims, and the GDP data release could heat today’s market. Find out more in our EURUSD analysis dated 29 August 2024. EURUSD forecast: key trading points A speech by European Central Bank official Isabel Schnabel A speech by European Central Bank official Philip R. Lane The Eurogroup meeting US […]
The DE 40 index has reached a three-month peak. Investors continue to assess the economic situation as positive. Find out more in our DE 40 forecast for next week. DE 40 forecast: key trading points The DE 40 index is developing a rally Stable economic signals drive positivity Resistance: 19,420.0, Support: 18,318.0 DE 40 price […]
Although Brent’s price has declined following the EIA US oil stock data release, growth prospects persist. Find out more in our Brent analysis for today, 29 August 2024. Brent forecast: key trading points Market focus: market participants await the Q2 US GDP data today Current trend: oil is trading within a broad sideways range Brent […]