Positive expectations for the eurozone economy support EURUSD The EURUSD rate slightly rose on Tuesday, 23 July 2024, trading above the key support level of 1.0875. EURUSD trading key points The ECB’s decision to keep interest rates unchanged and ...

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Trump takes the lead, but the USD remains hesitant: all eyes on politics The EURUSD pair is consolidating. Investors need to assess crucial changes in the US political race. The EURUSD pair stopped at 1.0888 on Monday. The market is extremely ...

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JPY is rising amid expectations of BoJ policy tightening The USDJPY rate declines on Monday morning, 22 July 2024, after a two-day growth. The current USDJPY exchange rate is 156.55. USDJPY trading key points Japan’s inflation continues to rise The ...

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AUD falls again, marking the fifth consecutive day of decline The AUDUSD pair continues to lose ground. The market is selling off risky assets. The Australian dollar, in the pair with its US counterpart, has been steadily and uninterruptedly falling ...

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Brent prices fall, driven by a sell-off of risky assets Brent crude oil prices are dropping again. The market has experienced sales growth amid falling prices for risky assets and the US dollar strengthening. Brent trading key points Brent prices ...

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GDP stays afloat despite fundamental data A decrease in the number of claims for unemployment benefits and a stable unemployment rate increase the chances of the British pound strengthening. Average earnings in the UK (including May bonuses) ...

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Gold (XAUUSD) could reach new all-time highs amid US news Gold continues to rise on Thursday, 18 July 2024, offsetting Wednesday’s correction. XAUUSD trading key points The Philadelphia Fed manufacturing index (US): previously at 1.3%, forecasted at ...

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NZD rises amid easing inflation The NZDUSD rate is rising on Wednesday, 17 July 2024, after rebounding from the support level. The price earlier reached a two-month low. New Zealand’s services PMI decreased by 2.4 points to 40.2 in June 2024, ...

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China’s sluggish domestic demand and economic slowdown jeopardise oil prices Brent crude oil prices fall on Wednesday, 17 July 2024, declining for the fourth consecutive trading session. Brent trading key points Declining demand in China: oil ...

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USDCHF: second day of growth The USDCHF pair is rising for the second day. Activity in USDCHF is low as the market is keeping an eye on the situation. The instrument appears quite stable now. This is a long-awaited equilibrium point following a ...

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JPY loses ground after strengthening Yen’s attempts to strengthen failed. The Japanese currency continues to lose ground against the US dollar. USDJPY trading key points Japan’s services PMI (m/m): previously at 2.2%, currently at -0.4% US core ...

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Elon Musk’s ambitious projects could elevate Tesla to a new level. Is it worth investing in its stock now? Over the past 30 days, the yield on Tesla (NASDAQ: TSLA) shares has exceeded 48%. Elon Musk has grand plans for the company’s future. Is it ...

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EURUSD continues to rise: demand for risk wins over caution The EURUSD pair remains in positive territory, but the market acts carefully. It has yet to evaluate the consequences of an assassination attempt on Trump. The EURUSD pair suspended but did ...

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The GBPUSD pair hit a monthly peak The GBPUSD pair is appreciating markedly; market sentiment is positive. The Bank of England is gathering additional arguments in favour of falling inflation. The British pound sterling appears strong against the US ...

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Yen’s sharp strengthening: due to currency intervention or faith in the yen? The USDJPY pair has declined, and investors continue to speculate whether this was driven by hidden financial intervention or unfavourable news from the US. USDJPY trading ...

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EUR rises again The EURUSD pair is gradually rising. The market will be cautious ahead of the US CPI data release. The EURUSD pair regained strength and rose to 1.0836 on Thursday. Today is crucial for the currency market. US June consumer price ...

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USDJPY is rising amid uncertainty about the BoJ’s actions The USDJPY rate closely approached weekly highs on Thursday, 11 July 2024. The current USDJPY exchange rate is 161.68. USDJPY trading key points Uncertainty about the BoJ’s actions: traders ...

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EURUSD: Nagel’s and Powell’s speeches may give hope for the euro’s strengthening The EURUSD pair continues strengthening ahead of officials’ speeches and amid the rising US national debt. Wednesday, 10 July 2024, is rich in speeches from the central ...

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CHF is under pressure: the SNB may lower the rate twice this year The USDCHF rate declined on Wednesday, 10 July 2024. The pair reacted weakly to the Federal Reserve chair’s speech, and the current USDCHF exchange rate is 0.8971. USDCHF trading key ...

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Gold (XAUUSD) prices rise ahead of the Federal Reserve chair’s speech Gold prices are rising on Tuesday, 9 July 2024, partially recouping Monday’s losses. The 2,350 level serves as strong support. Today, investors are focused on the upcoming report ...

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