XAUUSD prices rose above 2,720 USD last week but could not sustain that level, entering a correction. This week, the market will focus on the US Federal Reserve’s interest rate decision. More details in our XAUUSD analysis for today, 16 December 2024. XAUUSD forecast: key trading points Market focus: market participants are awaiting a Federal […]
Japan’s favourable news landscape may push the USDJPY rate down to 151.00. Find out more in our analysis for 13 December 2024. USDJPY forecast: key trading points Japan’s Tankan Large All Industry Capex: previously at 10.6%, currently at 11.3% Japan’s Tankan Large Manufacturers Index: previously at 13 points, currently at 14 points Japan’s industrial production: […]
The NZDUSD pair is falling to 0.5763, testing another local low under significant pressure from the US dollar. Find out more in our analysis for 13 December 2024. NZDUSD forecast: key trading points The NZDUSD pair continues its steep decline The market reacts negatively to the US dollar’s strength and the RBNZ’s interest rate plans […]
Yesterday, XAUUSD prices rose to 2,726 USD during early trading. Still, they failed to hold at that level, entering a correction and declining further in response to the release of US inflation data. More details in our XAUUSD analysis for today, 13 December 2024. XAUUSD forecast: key trading points Market focus: US Producer Price Index […]
Despite the ECB decision, the EURUSD rate remains under pressure, currently standing at 1.0461. Discover more in our analysis for 13 December 2024. EURUSD forecast: key trading points The US dollar remains under pressure even after a 25-basis-point ECB interest rate cut US initial jobless claims rose to 242 thousand, reaching the highest level since […]
The EURUSD pair fell to 1.0504. The market reacted to US inflation data. Find out more in our analysis for 12 December 2024. EURUSD forecast: key trading points The EURUSD pair continues its downward trend The US dollar strengthened further following the release of US inflation data EURUSD forecast for 12 December 2024: 1.0470 and […]
This week, the DE 40 stock index continues to rise, remaining firmly above the psychologically important 20,000.0 level. The DE 40 forecast for next week is positive. DE 40 forecast: key trading points Recent data: Germany’s annual inflation rate increased to 2.2% in November Economic indicators: the Consumer Price Index (CPI) measures the rate of […]
Amid positive data from Australia, the AUDUSD rate may continue its ascent to the 0.6444 level. More details in our analysis for 12 December 2024. AUDUSD forecast: key trading points Australia’s employment change in November: previously at 12.2 thousand, currently at 35.6 thousand Australia’s unemployment rate in November: previously at 4.1%, currently at 3.9% US […]
The XAGUSD pair has formed a reversal towards the long-term uptrend on the daily chart, rising above 32.00 USD. Further growth may occur soon. Find out more in our Silver price analysis for today, 12 December 2024. XAGUSD forecast: key trading points Market focus: US inflation data is due today, with the Producer Price Index […]
The USDJPY rate is retreating from the resistance level, currently at 152.48. Discover more in our analysis for 12 December 2024 USDJPY forecast: key trading points Market expectations for a Bank of Japan interest rate hike in December have declined Traders believe the BoJ will keep the rate unchanged at 0.25% US CPI data for […]