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Hot Forecast for EUR/USD on November 25, 2024
The preliminary PMI data for the Eurozone delivered a negative surprise. Instead of expected growth, all indicators declined. The Services PMI fell from 51.6 to 49.2 (forecast: 52.0).
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Hot Forecast for EUR/USD on November 20, 2024
The final inflation data for the Eurozone confirmed the preliminary estimate, showing an acceleration in consumer price growth from 1.7% to 2.0%, entirely in line with expectations. As a result.
Hot Forecast for EUR/USD on November 15, 2024
The recent U.S. inflation data suggest a potential pause in the Federal Reserve's rate-cutting process, and Jerome Powell explicitly stated this. This comes alongside producer price data, which shows that.
Hot Forecast for EUR/USD on November 12, 2024
Despite the public holiday in the United States, the market remained active, and the euro continued to lose ground. The reason lies in the aftermath of the elections. While.
Hot Forecast for EUR/USD on November 7, 2024
Donald Trump achieved such a decisive victory that this time, the election avoided the scandals that marred the vote four years ago. Additionally, Republicans secured a majority in the Senate.
Hot Forecast for EUR/USD on 31.10.2024
Although the preliminary Eurozone GDP estimate accelerated from 0.6% to 0.9%, it was still somewhat below the expected 1.0%. Nevertheless, the euro managed to show a notable rise. This.
Hot Forecast for EUR/USD on 28.10.2024
The faint signs of a potential correction became illusions as the dollar again reinforced its position. This resilience came despite U.S. durable goods orders dropping by 0.8%, notably worse than.
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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.
