EUR/USD: the Bank of Italy insists on revising interest rate policy
The EUR/USD pair shows mixed dynamics, holding near the 1.0590 level. Trading activity remains elevated, but market participants have not decided on the direction of the trend after the growth recorded at the beginning of the week.
Yesterday's ... Read more on Indexaco...
2024-11-20 10:03:12On Wednesday, AUD/USD is adjusted within the framework of a downtrend and is currently trading at 0.6526. This is due to the strengthening of the Australian dollar against the background of positive economic data and the depreciation of the US currency.
The recent minutes of the Reserve Bank of Australia (RBA)... Read more on Indexaco...
2024-11-20 09:57:25FOREX Fundamental analysis for EUR/USD on November 20, 2024
The momentum of the "Trump trade" is weakening, and the growth of geopolitical tensions in Eastern Europe is helping to restore the position of EUR/USD.
The rapid fall of the euro against the US dollar after the presidential election turned out to be e... Read more on Indexaco...
2024-11-20 09:55:04USD/CHF: trading activity is entering a mixed phase
The quotes of the USD/CHF pair show mixed dynamics, holding near the level of 0.8836 after a significant decline recorded in the previous trading session.
The Swiss franc is under pressure from weak macroeconomic statistics. In the third quarter, the growth ra... Read more on Indexaco...
2024-11-19 11:41:44NZD/USD analysis on November 19, 2024
On Tuesday, the NZD/USD is trading near the 0.5890 mark, due to positive economic data from New Zealand and the depreciation of the US dollar.
The index of selling prices of New Zealand producers increased from 1.1% to 1.5%, and purchasing prices — from 1.4% to 1.9%. In add... Read more on Indexaco...
2024-11-19 11:38:42USD/CAD analysis on November 19, 2024
In Tuesday morning trading, USD/CAD shows a recovery after the decline at the beginning of the week, which did not allow it to gain a foothold at the highs of May 2020.
On Friday, the US dollar came under pressure due to retail sales data. In October, the indicator decrease... Read more on Indexaco...
2024-11-19 11:36:32FOREX Fundamental analysis for EUR/USD on November 19, 2024
Forex currency trading is largely based on history. Investors, after Donald Trump's victory in the presidential election, are actively repeating the 2016 scenario, again betting on the US dollar. As it was 8 years ago, the greenback is rapidly strengthening.... Read more on Indexaco...
2024-11-19 11:34:30On Tuesday, after a significant decline yesterday, USD/CHF remains in a state of uncertainty, trading around 0.8836.
Investors' attention is focused on weak data on Swiss industrial production. In the third quarter, its growth slowed from 7.0% to 3.5%. Additional pressure is exerted by negative inflation stati... Read more on Indexaco...
2024-11-19 11:29:27GBP/USD: the market is preparing for a report on inflation in Britain
The GBP/USD pair is trading near the 1.2633 mark, showing a decline against the background of the continued strengthening of the US currency. The dynamics of the pair remains uncertain, due to the growing volatility ahead of key macroeconomic event... Read more on Indexaco...
2024-11-18 14:04:05FOREX Fundamental analysis for EUR/USD on November 18, 2024
The return of Donald Trump to the White House has brought the theme of American exceptionalism back to world markets. Shares of companies from the United States are showing more rapid growth compared to European ones, and the yield of American debt bonds (tr... Read more on Indexaco...
2024-11-18 13:57:17On Monday, AUD/USD remains within the downtrend, correcting near the 0.6464 level. The Australian dollar is trying to develop an upward movement due to positive economic data, but it is still close to summer lows.
In October, the unemployment rate in Australia, seasonally adjusted, remained at 4.1%, which is s... Read more on Indexaco...
2024-11-18 13:53:12FOREX Fundamental analysis for EUR/USD on November 15, 2024
When fresh data is added to the "Trump trade" confirming the strength of the American economy, the competing currencies of the US dollar are rapidly losing ground. The EURUSD pair fell by 6% from September highs, reaching a more than one-year low. This happe... Read more on Indexaco...
2024-11-15 10:35:20Рыночные корреляции казались несинхронными, поскольку трейдеры готовились к отчету по индексу потребительских цен в США и серии выступлений членов FOMC, которые повлияли на политические ожидания ФРС и общие настроения.
Биткойн вновь поднялся до новых рекордных максимумов, в то время как сырая нефть колебалась ... Read more on Indexaco...
2024-11-14 12:03:58FOREX Fundamental analysis for EUR/USD on November 14, 2024
Investors expected US inflation to exceed the projected 2.6% in October. However, when the actual data confirmed the forecasts, the futures market increased the probability of a December cut in the federal funds rate from 59% to 83%, considering the CPI data... Read more on Indexaco...
2024-11-14 11:56:51NZD/USD: rising inflation in New Zealand pushes the pair down
During the Asian session on November 13, the NZD/USD pair shows a downward trend, trading around 0.5970, which is 0.85% lower than the level of the previous session.
The economic situation in New Zealand remains tense. As of September 2024, the unemp... Read more on Indexaco...
2024-11-13 10:51:11FOREX Fundamental analysis for EUR/USD on November 13, 2024
If you want peace, be ready for war. The eurozone, whose economy is weaker than ever, risks facing even greater difficulties if Donald Trump makes his promises come true. According to Goldman Sachs calculations, the introduction of 10% tariffs on imports cou... Read more on Indexaco...
2024-11-13 10:44:54EUR/NZD: rising unemployment in New Zealand weakens the New Zealand dollar
During the morning session, the EUR/NZD pair is trading around 1.8000, which is 0.5% higher compared to the previous session. The growth of the euro is due to the improvement of economic indicators in the eurozone and the weakening of the New ... Read more on Indexaco...
2024-11-08 11:26:44FOREX Fundamental analysis for EUR/USD on November 8, 2024
Donald Trump is famous for his activity on social networks. In his first term as president, he even earned the nickname "the king of social media." However, until he officially takes office, his statements may remain only pre-election rhetoric. In this regard... Read more on Indexaco...
2024-11-08 11:19:26On Thursday, GBP/USD shows steady growth and is trading around 1.2927, recovering losses from the previous session, when the dollar strengthened after the victory of Republican Donald Trump in the US presidential election. Earlier, Trump promised to tighten trade policy, including a significant increase in duties on... Read more on Indexaco...
2024-11-07 14:56:38FOREX Fundamental analysis for EUR/USD on November 7, 2024
Donald Trump is back in the White House, and with him his famous slogan "America first!" returns. In such circumstances, the United States is increasing the rate of inflation, while economic growth is slowing in other developed countries. As a result, debt ra... Read more on Indexaco...
2024-11-07 14:51:19