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The most optimistic forecasts predicted that the unemployment rate in the United States would remain unchanged, but it fell from 4.2% to 4.1%. This alone was enough for a solid.
Hot Forecast for EUR/USD on October 1, 2024
Although Jerome Powell repeated his words during the press conference following the recent Federal Open Market Committee meeting, the dollar was actively rising. The head of the Federal Reserve didn't.
Hot Forecast for EUR/USD on September 26, 2024
If on Tuesday the dollar weakened without any serious reasons, aside from the contrived hype stirred up by the leading American media, then yesterday it strengthened, once again defying common.
Hot Forecast for EUR/USD on September 23, 2024
Although the European trading session saw the market fluctuate back and forth, the situation remained unchanged overall. The high range of fluctuations was mainly due to the significant weakening.
Hot Forecast for EUR/USD on September 18, 2024
If the leading U.S. media were assuring the inevitability of a 50 basis points interest rate cut on Monday, yesterday, it seemed everyone had forgotten about those reports. The same.
Hot Forecast for EUR/USD on September 13, 2024
Perhaps never before have we seen a scenario where, following a 60 basis point cut in the refinancing rate, the currency issued by the central bank making such a significant.
Hot Forecast for EUR/USD on September 10, 2024
As expected, the U.S. media have stopped discussing the state of the labor market, especially the inconsistencies in the latest report from the Department of Labor, and have focused exclusively.
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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.