Forex Daily Forecast, Analysis and Prediction

US dollar exchange rates were broadly weaker on the day a US jobs survey revealed that fewer people are leaving their jobs each month to pursue higher-paying job opportunities.

The crude oil markets rarely cease to find buyers these days, and I believe that a true breakout is probably just a matter of time.

Due to buyers reentering the market on Wednesday to make up for Tuesday's losses, silver prices are still quite erratic.

The natural gas markets are still teasing us with the possibility of breaking above the $2 mark, but I believe it is still too soon to assume that this will happen quickly.

The USD/MYR saw a rapid move lower in trading this morning.

Caution with Unusual Spikes, Vigilance Needed.

The EUR/USD exchange rate continued its strong uptrend after Jerome Powell commented on inflation and interest rate cuts.

The longer-term outlook for interest rates indicates that this pair will continue to rise.

It appears that the market's general long-term upward trend is still in place.

It appears that the NASDAQ 100 will continue to rise significantly.

The market hasn't seemed to have much of a push lately, so the euro has continued to see a lot of sideways action overall.

Although we rallied early in the Wednesday session, the Aussie is still exhibiting a lot of erratic behavior.

Wednesday's trading session saw a nice recovery in the gold markets, as traders continue to enter this market for a variety of reasons.

The GBP/USD exchange rate continued rising this week after Jeremy Hunt delivered a series of tax cuts in the UK.

The AUD/USD exchange rate bounced back after the strong economic numbers from Australia and a mildly dovish statement by Jerome Powell.