Tag: Market analysis

So, like, guess who totally knocked it out of the park in 2024? Yup, you guessed it - Goldman Sachs! This investment bank totally killed it in the foreign exchange trading game, raking in...

Bulls Maintain Control in USD/JPY Outlook on Boxing DayOn Boxing Day, USDJPY continued to hold a strong position in the market, displaying a firm tone in holiday-thinned trading. The currency pair was seen pressuring...

USD/JPY Rebounds Strongly, Targets 156.74USD/JPY saw a robust rebound last week, indicating that the correction from 156.74 has likely ended at 148.64. This development has set the stage for a bullish bias this week,...

Sterling Plummets: GBP/USD Daily ForecastIn a dramatic turn of events today, the British Pound (GBP) took a nosedive against the US Dollar (USD), leaving traders and analysts reeling from the unexpected downturn. The GBP/USD...

US CPI Data Surprises Markets, Impacting FOMC Pause DecisionIn a surprising turn of events, the latest US Consumer Price Index (CPI) data has sent shockwaves through the financial markets, potentially influencing the Federal Open...

Trump Trade Revives Market Optimism Last week saw a resurgence of the "Trump Trade," igniting optimism across financial markets and leading to fresh record highs in US stocks. This wave of positivity was fueled by...

US Inflation Outlook: Markets Weekly ForecastThe past week in the financial markets has been a whirlwind of activity, with key indicators pointing towards a December rate cut in the US. As markets eagerly await...

Yen strength has continued to persist, supported by an increase in Tokyo's core-core inflation rate to 1.9% y/y in November. This has led to speculation that the Bank of Japan (BoJ) may hike its...

European equities are on the rise in the new trading day, but it's important to be aware of the high level of risk associated with foreign exchange trading. This may not be suitable for...

The EUR/USD daily forecast suggests that the intraday bias for the currency pair remains neutral, indicating that there could be more consolidations above the 1.0495 level. The outlook will continue to be bearish as...