Forecasts & Analysis |

It is a busy day ahead for the EUR/USD. While ECB chatter and euro area stats will influence, US inflation and personal spending will have the final say.

The U.S. economy likely maintained a strong pace of growth in the fourth quarter as consumers boosted spending on goods.

Today’s U.S. GDP Report will show a strong pace of growth last quarter but momentum appears to have slowed considerably towards the end of the year.

Following the Wednesday rebound, ADA was on the move this morning, with $0.400 in sight for the first time since November 8 on network updates.

AUD/USD and NZD/USD traders are bracing for a slew of U.S. economic data that could influence next week’s Fed interest rate decision.

After a bullish Wednesday, it has been a choppy morning for BTC and ETH. US stats and corporate earnings will draw interest in the afternoon session.

Following a bullish Wednesday session, it was a mixed morning for SHIB and DOGE. Network updates and whale stats will remain the key drivers near-term.

Many BOJ board members agreed on the need to retain ultra-loose monetary policy to support the economy and help companies raise pay.

It was a bullish XRP session on Wednesday. However, the lack of Court rulings from the SEC v Ripple case will leave the broader crypto market to influence.

Following a return to $23,000 on Wednesday, BTC was back on the move this morning. However, US economic indicators will influence in the afternoon.