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EUR/USD: euro remains near local heights

The EUR/USD pair shows a slight decrease, rolling back from the local highs reached on September 6. Now the instrument is trying to break through the level of 1.1120, while investors are waiting for the results of the two-day meeting of the US Federal Reserve System (Fed), sta... Read more on Indexaco...

FOREX Fundamental analysis for EUR/USD on September 17, 2024

Is the rate half a point or a quarter? This is the main issue of concern to investors around the world. Regarding the prospects for the course of monetary policy, financial markets have not been so divided since 2007. The chances of a 50 basis point rate cu... Read more on Indexaco...

The USD/CAD pair is adjusted at 1.3569, which is due to the weakening of the US dollar.

The Canadian dollar is showing strengthening, remaining above the levels of the previous week. It was supported by wholesale trade data: in July, the volume of wholesale sales, excluding oil and cereals, increased by 1.1% on a mon... Read more on Indexaco...

AUD/USD analysis on September 16, 2024

In the Asian session on Monday, AUD/USD shows moderate growth, returning to the "bullish" trend after a slight correction at the end of last week. The instrument is approaching the level of 0.6725, trying to break it up amid expectations of a rate cut from the US Federal Reserve... Read more on Indexaco...

On Monday, USD/JPY continues to decline, testing the minimum values of July 2023 in the region of 140.20. Pressure on the US dollar is increasing due to expectations of the upcoming easing of monetary policy by the Fed, whose two-day meeting begins tomorrow. The basic forecast still assumes a 25 basis point rate cut... Read more on Indexaco...

FOREX Fundamental analysis for EUR/USD on September 16, 2024

When a person doubts the effectiveness of their actions, it is better for them to do less, but correctly. On the eve of the first federal funds rate cut since 2020, the opinions of market participants and Bloomberg analysts were divided. According to deriva... Read more on Indexaco...

EUR/GBP: ECB has reduced all key interest rates

The EUR/GBP pair is showing an uncertain decline, continuing to develop the downward trend that began to form the day before. The instrument is testing support at 0.8430, and traders are assessing the consequences of the decision of the European Central Bank (ECB) annou... Read more on Indexaco...

FOREX Fundamental analysis for EUR/USD on September 13, 2024

The market turned out to be adamant, and the dollar began to decline. The probability that the Fed will cut the interest rate by 50 basis points in September has increased from 13% to 45%. The chances of a large-scale monetary expansion increased after the ... Read more on Indexaco...

EUR/USD: ECB rate cut is forecast by a quarter of a percent

The EUR/USD pair is trading near the 1.1015 mark, being close to the local lows recorded on August 16. Market activity remains low as investors await the decision of the European Central Bank (ECB), which will be announced today at 14:15 (GMT+2). It is expec... Read more on Indexaco...

FOREX Fundamental analysis for EUR/USD on September 12, 2024

The August inflation report in the United States sobered the treasury bond market, caused fluctuations on American stock markets and rocked currency trading on forex. The acceleration of core inflation by 0.3% over the month made investors doubt the beginni... Read more on Indexaco...

FOREX Fundamental analysis for EUR/USD on September 11, 2024

If someone believed that the US dollar would benefit from the presidential election, then the recent debate between Donald Trump and Kamala Harris showed the opposite. After discussions, Harris' chances of winning rose from 53% to 56%, and the Japanese yen ... Read more on Indexaco...

USD/CHF is showing a moderate rise, recovering from last week's decline during which the December lows were updated. The pair is currently testing the 0.8460 level for the possibility of an upward breakout, which is largely facilitated by John Murphy's technical analysis factors supporting the dollar's growth.

FOREX Fundamental analysis for EUR/USD on September 9, 2024

The dollar has shown that it is not worth rushing to conclusions. In August, employment growth in the United States amounted to 142 thousand, which, it would seem, should have weakened the greenback. Moreover, the data for the previous months were revised fo... Read more on Indexaco...

FOREX Fundamental analysis for EUR/USD on September 6, 2024

The US economy now resembles a glass of hot water that has been placed in a freezer, and this freezer is the strict policy of the Federal Reserve System. When the economy was booming, capital actively flocked to the American stock market, which spurred the s... Read more on Indexaco...

EUR/AUD: Australia's economic indicators have reduced pressure on the euro

The EUR/AUD pair is trading at 1.6627 on the morning of September 5, showing a slight increase of about 0.01% compared to the previous trading session. Market activity remains relatively stable despite the volatility caused by external macroec... Read more on Indexaco...

FOREX Fundamental analysis for EUR/USD on September 5, 2024

The United States is facing impending economic difficulties. The number of open vacancies has decreased to a minimum in early 2021, the number of layoffs has peaked over the past year and a half, the foreign trade deficit is growing, and the manufacturing se... Read more on Indexaco...

EUR/USD: growth after the minimum level was set in August

The euro/dollar exchange rate shows a slight rise after the previous decline, as a result of which the currency pair reached new local lows recorded on August 19. At the moment, it may be possible to find the 1.1050 mark, pending the release of data on the int... Read more on Indexaco...

FOREX Fundamental analysis for EUR/USD on September 4, 2024

The bad news has turned negative for the stock market again. Previously, negative economic statistics were perceived as a signal for an early easing of the Fed's rate, which supported the growth of the S&P 500. However, with the arrival of autumn, weak d... Read more on Indexaco...

EUR/USD: positive changes in the European economy

The EUR/USD pair continues to decline, trading near the level of 1.1055, remaining well below the annual highs.

The euro is supported by stable macroeconomic statistics: Italy's gross domestic product (GDP) increased by 0.2% in the second quarter compared to the... Read more on Indexaco...

FOREX Fundamental analysis for EUR/USD on September 3, 2024

In autumn, not only the foliage falls, but also the prices of stocks and bonds. Investors are reviewing their portfolios after the holiday season and already know that September will traditionally be unprofitable. Notably, the S&P 500 has been declining ... Read more on Indexaco...