/daily-market-analysis/page/24/

    DAILY MARKET ANALYSIS

    Stay on top of your trading with analyses of the latest market news.

    31 July 2024
    Forex Market Analysis: 31 July 2024

    CURRENCIES Bank of Japan hikes rates: The Bank of Japan (BoJ) raised the policy rate from 0.1% to 0.25%, with a 7-2 vote in favour. This decision marks a 0.15% increase in the policy rate. Bond tapering details: The BoJ …

    29 July 2024
    Forex Market Analysis: Stable PCE Data Points to Fed Rate Cut

    CURRENCIES Key points: US core PCE y/y: Unchanged at 2.6%, missing estimates of 2.5%. Interest rate probabilities: Unmoved, with a September cut fully priced in. For real-time high-impact data and event releases, see the DailyFX Economic Calendar. Detailed analysis: PCE …

    16 July 2024
    Forex Market Analysis: Vance’s Business Ties Aid Trump 2024 Campaign

    CURRENCIES EUR/USD: Rides post-US CPI wave higher. Challenges resistance zone between 1.0942 and 1.0960. Bullish momentum might encounter resistance near 1.0916. GBP/USD: Surges post-UK election and US CPI catalysts. Risks overheating with RSI near overbought. Faces potential resistance at 1.3142. …

    15 July 2024
    Forex Market Analysis: ECB Rate Cut Signal & Market Trends

    CURRENCIES The ECB is expected to signal a rate cut for September: The ECB is likely to keep interest rates unchanged at Thursday’s meeting, but will provide guidance for a rate cut in September. Markets are expecting a 45 basis …

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