Forex Daily Forecast, Analysis and Prediction

Get the weekly Forex forecast for major currency pairs for the week of March 25-30, 2024 here.

Ethereum rallied slightly during the trading session on Thursday as we continue to see a bounce back from the significant sell-off that previously had been so drastic.

The West Texas Intermediate crude oil market pulled back slightly during the trading session on Thursday.

Bitcoin has been fairly quiet during the training session on Thursday.

The German DAX initially did rallying during the trading session on Thursday.

The euro has gone back and forth during the trading session on Thursday.

The NASDAQ 100 rallied early during the trading session on Thursday.

The S&P 500 rallied slightly in the early hours on Thursday.

The EUR/NZD continues to look a bit troubled in general, despite being somewhat stout in this pair.

The GBP/CHF pair isn’t one that a lot of people pay attention to, and it is to their detriment.

Silver initially tried to rally a bit during the trading session on Thursday, but then gave back some of the gains.

The dollar/lira pair stabilized during trading today, Thursday, with the pair stabilizing near its new all-time high of 32.50 lira per dollar.

According to forex trading, the Japanese yen was the main loser, falling by more than 1.5%, even after the Bank of Japan's historic decision to end eight years of negative interest rates and completely abolish the yield curve control policy.

After investors digested the US Federal Reserve announcement yesterday, the GBP/USD pair is cautiously awaiting the Bank of England announcement today, Thursday.

The easing of signals for future US interest rate hikes and the subsequent decline in the US dollar were a strong catalyst for gold prices to move towards new record levels.