Tag: Roboforex
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 […]
The USDJPY pair has remained within a sideways range for the fourth consecutive session. Investors have adopted a waiting mode as there has been no significant news. Find out more in our analysis dated 29 August 2024. USDJPY forecast: key trading points The USDJPY pair has entered the boundaries of a sideways channel Investors are […]
Bank of Japan Deputy Governor Ryozo Himino confirmed a September interest rate hike, subject to improved economic data. Find out more in our USDJPY analysis dated 28 August 2024. USDJPY forecast: key trading points A speech by Bank of Japan Deputy Governor Ryozo Himino Japan’s leading economic index: previously at 111.2, currently at 109.0 USDJPY […]