October 21, 20240Comments

Forex Analysis – Forecast for EUR/USD on October 21, 2024

Once again, the major global currencies remain inactive following changes in central bank rates. The euro traded slightly above its level before the European

by Jeff Wecker

Forex Analysis

October 18, 20240Comments

Forex Analysis – Forecast for EUR/USD on October 18, 2024

Yesterday was uneventful for the euro—the European Central Bank lowered the key rates by a quarter point, and the single currency fell by 29 pips.

by Jeff Wecker

Forex Analysis

October 17, 20240Comments

Forex Analysis – Forecast for EUR/USD on October 17, 2024

The euro is positioning itself as low as possible ahead of today's European Central Bank meeting results. Technically, the level of 1.0777 is already in play

by Jeff Wecker

Forex Analysis

October 16, 20240Comments

Forex Analysis – Forecast for EUR/USD on October 16, 2024

On Tuesday, following the record high set by the S&P 500 stock index on Monday, there was a pullback of 0.76%. Oil prices dropped by 3.75%, and 5-year U.S.

by Jeff Wecker

Forex Analysis

October 15, 20240Comments

Forex Analysis – EUR/USD Forecast for October 15, 2024

The euro stubbornly refuses to reverse direction. Even yesterday's 0.77% rise in the stock market, which set a new all-time high, did not halt the euro's declin

by Jeff Wecker

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