Forex Daily Forecast, Analysis and Prediction

The West Texas Intermediate Crude Oil market has slammed lower during the trading session, losing almost 5%.

Ethereum has dropped during trading on Thursday as the risk appetite of traders continues to deteriorate.

The US dollar has rallied ever so slightly during the trading session on Thursday as we continue to attempt to build momentum in the USD/JPY pair.

The AUD/USD has given up gains rather quickly during the day on Thursday as we continue to see a lot of US dollar strength.

The euro against the dollar took heavy losses after sharp increases in some US inflation surprised the market.

The US dollar continued to maintain its gains against the rest of the other major currencies since the announcement of US inflation figure.

Today, the markets will be watched with the latest important and influential US economic data for this week.

For the second day in a row, XAU/USD gold prices fell, and thus pushed the most active gold futures contract to its lowest settlement in nearly two months.

The USD/TRY witnessed slight gains, although it continued in a very narrow dynamic range.

Spot natural gas prices (CFDS ON NATURAL GAS) declined in the last trading at the intraday levels, to record daily losses.

The Dow Jones Industrial Average rose slightly in its recent trading at the intraday levels, to achieve slight gains in its last session.

The NZD/USD has achieved new lows in early trading this morning as values have tested the 0.60000 juncture.

The USD/TRY is trading near historic apex highs as its rather long-term consistent bullish trend remains intact.

The USD/JPY has fallen a bit, pulling back from the ¥145 level.

The GBP/USD has rallied a bit during the trading session on Wednesday as the 1.15 level has offered a bit of support.