August 6, 20240Comments

Forex Analysis – Forecast for EUR/USD on August 6, 2024

Yesterday's market panic had almost subsided by this morning. Monday did not turn out to be a "black" day. The S&P 500 plummeted by 4.71%,

by Jeff Wecker

Forex Analysis

August 5, 20240Comments

Forex Analysis – Forecast for EUR/USD on August 5, 2024

Last Friday's U.S. employment data came in weaker than expected. The Non-Farm Payrolls shows the U.S. added 114,000 new jobs, less than the forecast of 176,000

by Jeff Wecker

Forex Analysis

August 2, 20240Comments

Forex Analysis – Forecast for EUR/USD on August 2, 2024

Despite the media-driven haze surrounding the resilience of the U.S. economy, we are observing a persistent two-week trend of shift away from risk.

by Jeff Wecker

Forex Analysis

August 1, 20240Comments

Forex Analysis – Forecast for EUR/USD on August 1, 2024

Our assumption yesterday about the Federal Reserve's focus on changing the forecast for the number of rate cuts by the end of the year was confirmed.

by Jeff Wecker

Forex Analysis

July 31, 20240Comments

Forex Analysis – Forecast for EUR/USD on July 31, 2024

Yesterday, the euro traded within a 37-pip range, ending the day with a 7-pip decline on volumes comparable to Monday's (above average).

by Jeff Wecker

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