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The single European currency has been rising for the second consecutive day, which is starting to resemble a real correction. Based on new data today, this growth might even accelerate.
Hot Forecast for EUR/USD on 29.10.2024
Recently, the euro has fluctuated upward, often without any specific reason. It's clearly largely oscillating around the 1.08 mark, with movements merely representing minor deviations from this level. Given that.
Hot forecast for EUR/USD from 10/24/2024
Although the dollar has already been excessively overbought, the US currency continues to strengthen despite the lack of new developments. It seems to be doing so almost out of momentum.
Hot Forecast for EUR/USD from 21.10.2024
Even though the decline in construction activity in the Eurozone accelerated from -2.3% to -2.5%, the euro showed a semblance of growth. This was primarily due to the dollar's excessive.
Hot Forecast on EUR/USD from 16.10.2024
It was initially expected that the rate of decline in industrial production in the eurozone would slow from -2.2% to -1.0%, but the decline was replaced by growth of 0.1%.
Hot Forecast for EUR/USD on October 8, 2024
Retail sales in the Eurozone grew by 0.8%, which was only slightly below the forecast of 0.9%. Nevertheless, this is an excellent result after a decline of -0.1%. However, judging.
Hot Forecast for EUR/USD on October 2, 2024
The preliminary estimate of euro area inflation showed a slowdown in the growth of consumer prices from 2.2% to 1.8%. Although the data fully matched forecasts, this report marked.
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This section is updated daily and contains market analysis prepared by professional analysts on behalf of InstaForex. Each of the specialists presents analytical reviews in accordance with his/her vision of the current situation on the foreign exchange and other markets. However, the outlooks below are neither recommendations nor instructions to any actions. They contain analysis of the current situation on financial markets. In some cases, analysts' opinions about current market conditions may differ.