Forwarded from FreshForex Analytics EN
Dear clients! 🌟 We are giving you $5 to your trading account with FreshForex!
We value your opinion and strive to make our Telegram channel as interesting and useful as possible for you. Tell us, what types of forecasts and analytics do you prefer? Your feedback will help us better understand your needs and provide content that truly interests you.
To participate in the survey and submit feedback, use the contact form in your Personal Cabinet. And don't forget to enter the promo code FRESHTG**—when you use it, **we will give you $5 to your trading account with FreshForex!
This exclusive offer is available only to existing clients and only once on December 27 or 28, 2023.
Thank you for your contribution to the development of our community. We look forward to hearing from you!
#Feedback #Trading #FreshForex #Forecasts #Analytics 📈
We value your opinion and strive to make our Telegram channel as interesting and useful as possible for you. Tell us, what types of forecasts and analytics do you prefer? Your feedback will help us better understand your needs and provide content that truly interests you.
To participate in the survey and submit feedback, use the contact form in your Personal Cabinet. And don't forget to enter the promo code FRESHTG**—when you use it, **we will give you $5 to your trading account with FreshForex!
This exclusive offer is available only to existing clients and only once on December 27 or 28, 2023.
Thank you for your contribution to the development of our community. We look forward to hearing from you!
#Feedback #Trading #FreshForex #Forecasts #Analytics 📈
Important Events Today:
1. At 16:30 Moscow time - U.S. Producer Price Index.
2. At 18:00 Moscow time - FOMC Member Neel Kashkari's speech.
The EURUSD pair maintains a positive trend despite a renewed demand for the U.S. Dollar in the early Asian session on Friday. The pair's growth is supported by a risky environment ahead of key U.S. data releases. At the time of publication, the EUR/USD pair is trading at the level of 1.0977.
On January 11, the U.S. Department of Labor reported that initial claims for unemployment benefits for the week ending January 6 reached the lowest level since mid-October, decreasing by 1,000 to 202,000 from the revised previous week's figure of 203,000. The Consumer Price Index (CPI) in the U.S. for December increased by 3.4% compared to the previous value of 3.1%, surpassing the market consensus forecast of 3.2%. The core CPI, excluding volatile food and energy prices, rose by 3.9% YoY in December, exceeding expectations of 3.8%.
Christine Lagarde, President of the European Central Bank (ECB), stated on Thursday that interest rates would be lowered if the ECB is confident that inflation will decrease to the 2% level. Lagarde added that interest rates in the eurozone have peaked after a rapid rise in response to high inflation last year. Traders anticipate at least five rate cuts in 2024, with the first move expected in March or April.
Today, the U.S. Producer Price Index (PPI) is set to be published, with forecasts indicating a 1.3% growth compared to the same period last year in December. Trading recommendation: Buy from the current price level. For more in-depth analytical reviews, you can visit the FreshForex website.
#FinancialEvents #EURUSD #Indices #Dollar #Inflation #Rates #ECB #TradingRecommendation #ProducerPriceIndex #FreshForex #Analytics
1. At 16:30 Moscow time - U.S. Producer Price Index.
2. At 18:00 Moscow time - FOMC Member Neel Kashkari's speech.
The EURUSD pair maintains a positive trend despite a renewed demand for the U.S. Dollar in the early Asian session on Friday. The pair's growth is supported by a risky environment ahead of key U.S. data releases. At the time of publication, the EUR/USD pair is trading at the level of 1.0977.
On January 11, the U.S. Department of Labor reported that initial claims for unemployment benefits for the week ending January 6 reached the lowest level since mid-October, decreasing by 1,000 to 202,000 from the revised previous week's figure of 203,000. The Consumer Price Index (CPI) in the U.S. for December increased by 3.4% compared to the previous value of 3.1%, surpassing the market consensus forecast of 3.2%. The core CPI, excluding volatile food and energy prices, rose by 3.9% YoY in December, exceeding expectations of 3.8%.
Christine Lagarde, President of the European Central Bank (ECB), stated on Thursday that interest rates would be lowered if the ECB is confident that inflation will decrease to the 2% level. Lagarde added that interest rates in the eurozone have peaked after a rapid rise in response to high inflation last year. Traders anticipate at least five rate cuts in 2024, with the first move expected in March or April.
Today, the U.S. Producer Price Index (PPI) is set to be published, with forecasts indicating a 1.3% growth compared to the same period last year in December. Trading recommendation: Buy from the current price level. For more in-depth analytical reviews, you can visit the FreshForex website.
#FinancialEvents #EURUSD #Indices #Dollar #Inflation #Rates #ECB #TradingRecommendation #ProducerPriceIndex #FreshForex #Analytics
Analytical Overview: Financial Market Events Today (January 25)
Key Events Today:
1. 16:15 MSK. ECB Decision on Interest Rates in the Eurozone.
- Impact on EUR: Anticipated changes in the main interest rate could influence the euro's exchange rate. Investors are closely monitoring the ECB's comments and decisions regarding monetary policy.
2. 16:30 MSK. GDP Price Index in the United States.
- Impact on USD: The release of GDP data can affect the U.S. dollar. Economic activity growth usually supports the national currency.
3. 16:45 MSK. ECB Press Conference.
- Impact on EUR: Statements from ECB representatives may influence the current situation and future prospects in the eurozone.
Market Events for EURUSD:
- EURUSD rose above 1.0930 after an unexpected increase in the manufacturing component of the PMI in Europe.
- However, strong PMI data in the U.S. dampened investor sentiment, leading to a decline in the currency pair.
- Investors are assessing economic dynamics, and the strengthening U.S. economy reduces expectations of rate cuts by the Federal Reserve.
- The Relative Strength Index (RSI) for EURUSD indicates a bearish momentum.
Trading Recommendation:
- A sell order is recommended from the current price level, considering the bearish momentum and the weakening euro.
FreshForex Partner Program:
- Earn income not only from your own trades but also by attracting clients through the FreshForex partner program.
- Opportunity to earn up to $30 per lot.
#FreshForex #Analytics #Finance #EURUSD #FOMC #ECB #Currencies
Key Events Today:
1. 16:15 MSK. ECB Decision on Interest Rates in the Eurozone.
- Impact on EUR: Anticipated changes in the main interest rate could influence the euro's exchange rate. Investors are closely monitoring the ECB's comments and decisions regarding monetary policy.
2. 16:30 MSK. GDP Price Index in the United States.
- Impact on USD: The release of GDP data can affect the U.S. dollar. Economic activity growth usually supports the national currency.
3. 16:45 MSK. ECB Press Conference.
- Impact on EUR: Statements from ECB representatives may influence the current situation and future prospects in the eurozone.
Market Events for EURUSD:
- EURUSD rose above 1.0930 after an unexpected increase in the manufacturing component of the PMI in Europe.
- However, strong PMI data in the U.S. dampened investor sentiment, leading to a decline in the currency pair.
- Investors are assessing economic dynamics, and the strengthening U.S. economy reduces expectations of rate cuts by the Federal Reserve.
- The Relative Strength Index (RSI) for EURUSD indicates a bearish momentum.
Trading Recommendation:
- A sell order is recommended from the current price level, considering the bearish momentum and the weakening euro.
FreshForex Partner Program:
- Earn income not only from your own trades but also by attracting clients through the FreshForex partner program.
- Opportunity to earn up to $30 per lot.
#FreshForex #Analytics #Finance #EURUSD #FOMC #ECB #Currencies
EURUSD: Positive sentiment persists
March 11, 2024
The EURUSD pair continues to show positive dynamics, holding around 1.0940. This is supported by a number of factors:
Strong US labor market data: Non-farm payrolls in the US increased by 275K in February, exceeding expectations.
Expectations of Fed rate cuts: Markets expect the Fed to start cutting rates as early as June, which is negative for the US dollar.
ECB's cautious approach: The ECB maintains a cautious approach to changing interest rates, which supports the euro.
Trading recommendation:
Trade predominantly with Buy orders from the current price level.
#EURUSD #Forex #Analytics
March 11, 2024
The EURUSD pair continues to show positive dynamics, holding around 1.0940. This is supported by a number of factors:
Strong US labor market data: Non-farm payrolls in the US increased by 275K in February, exceeding expectations.
Expectations of Fed rate cuts: Markets expect the Fed to start cutting rates as early as June, which is negative for the US dollar.
ECB's cautious approach: The ECB maintains a cautious approach to changing interest rates, which supports the euro.
Trading recommendation:
Trade predominantly with Buy orders from the current price level.
#EURUSD #Forex #Analytics
GBPUSD: Growth potential remains
March 11, 2024
The GBPUSD pair is holding around 1.2850, maintaining a positive sentiment. This is supported by:
Strong US labor market data: Strong US labor market data could lead to a narrowing of the gap between Fed and BoE policies, which supports the pound.
Expectations of Fed rate cuts: Expectations of Fed rate cuts are negative for the US dollar, which supports GBPUSD.
Positive UK budget: The UK's spring budget was met positively, which also supports the pound.
Trading recommendation:
Trade predominantly with Buy orders from the current price level.
#GBPUSD #Forex #Analytics
March 11, 2024
The GBPUSD pair is holding around 1.2850, maintaining a positive sentiment. This is supported by:
Strong US labor market data: Strong US labor market data could lead to a narrowing of the gap between Fed and BoE policies, which supports the pound.
Expectations of Fed rate cuts: Expectations of Fed rate cuts are negative for the US dollar, which supports GBPUSD.
Positive UK budget: The UK's spring budget was met positively, which also supports the pound.
Trading recommendation:
Trade predominantly with Buy orders from the current price level.
#GBPUSD #Forex #Analytics
USDJPY: Yen gains strength
March 11, 2024
The Japanese yen has risen to its highest level since early February against the US dollar. This is supported by:
Expectations of a change in BOJ policy: Markets expect the BOJ to abandon negative interest rates at its next meeting.
Strong Japanese wage data: Wage growth in Japan could fuel inflationary pressures, which also supports the yen.
US dollar weakness: Strong US labor market data failed to support the US dollar, which continues to decline.
Trading recommendation:
Trade with Sell orders from the current price level.
#USDJPY #Forex #Analytics
March 11, 2024
The Japanese yen has risen to its highest level since early February against the US dollar. This is supported by:
Expectations of a change in BOJ policy: Markets expect the BOJ to abandon negative interest rates at its next meeting.
Strong Japanese wage data: Wage growth in Japan could fuel inflationary pressures, which also supports the yen.
US dollar weakness: Strong US labor market data failed to support the US dollar, which continues to decline.
Trading recommendation:
Trade with Sell orders from the current price level.
#USDJPY #Forex #Analytics