USD/CAD Price Analysis: Traders Weigh Inflation Trends in US, CA

Gold price remains supported amid intense ETF demands.  Downbeat US Service PMI helped gold buyers to post gains.  US CPI data due next week remains a key event for the gold traders.  Gold price remains supported by a complicated mix of dynamics, with ETF demand playing a key role in offsetting a sharp fall in……

The AUD/USD forecast indicates a stronger Australian dollar as risk appetite improves. Trump announced a trade deal with Japan. Economies like the EU, Canada, Mexico, South Korea, and Brazil are still facing the risk of higher tariffs. The AUD/USD forecast indicates a stronger Australian dollar as risk appetite improves following the US-Japan trade deal. Market……

The GBP/USD outlook is extremely bullish after the dollar loses further due to Trump’s criticism of the Fed. Iran-Israel ceasefire continues to underpin the global risk sentiment. Markets are now eyeing the Q1 GDP and Core PCE Index data from the US. The British pound extended its bullish momentum for the fourth consecutive session on……

The USD/CAD outlook remains slightly negative despite a looming BOC rate cut. The US government shutdown poses a significant risk for dollar depreciation. Markets now closely watch the JOLTS job openings report, along with the Fed’s speech, for further guidance. The USD/CAD outlook remains steady above 1.3900 on Tuesday, following a softer start to the……

The GBP/USD forecast reveals weakness amid the UK fiscal uncertainty. The US dollar edged up as Chair Powell came up with a cautious tone for a December cut. Traders await the BoE interest rate decision and US NFP data next week. The GBP/USD weekly forecast reflects a persistent bearish bias, closing the week at 1.3140…….

AUD/USD outlook gains after Fed Chair Jerome Powell’s dovish Jackson Hole remarks boosted rate cut bets for September. RBA remains cautious despite strong labor market data, with investors awaiting minutes and CPI for further policy clues. US Core PCE inflation later this week is the key risk event that could cap upside momentum in AUD/USD…….