The GBP/USD outlook shows a rebound in the dollar. The dollar eased in the previous session as traders worried about a likely firing of Fed Chair Jerome Powell. The CPI increased by 3.6% compared to the forecast of 3.4%. The GBP/USD outlook shows a rebound in the dollar after Trump denied reports he was planning…
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The GBP/USD outlook suggests mounting worries about the UK’s fiscal health. The UK public sector borrowed 83.8 billion pounds between April and August. The Bank of England kept interest rates on hold in the previous session. The GBP/USD outlook suggests mounting worries about the UK’s fiscal health after data revealed a bigger-than-expected surge in public……
The USD/JPY outlook indicates increasing expectations for Bank of Japan rate hikes. Data on Friday revealed that Japan’s economy expanded by 1.0%. Fed rate cut bets eased slightly after upbeat wholesale inflation figures. The USD/JPY outlook indicates increasing expectations for Bank of Japan rate hikes after upbeat GDP data from Japan. As a result, the……
Rising Fed cut bets and easing US yields weaken the dollar, boosting gold’s safe-haven demand. Prolonged geopolitical uncertainties revive gold’s safe-haven appeal against the ongoing economic and political volatility. Traders look ahead to the Consumer Price Index and jobless claims for further policy and economic cues. The gold weekly forecast shows a sharp rally to……
The USD/CAD forecast shows a weak Canadian dollar as BoC rate cut bets rise. Inflation in Canada eased to 1.7% in July from the previous reading of 1.9%. Oil has dropped amid progress in peace talks with Russia and Ukraine. The USD/CAD forecast shows a weak Canadian dollar as BoC rate cut bets rise after……
The AUD/USD price analysis shows a rebound in Australia’s economy. Australia’s economy grew by 0.6% in Q2, compared to the forecast of 0.5%. Economists believe US job growth will remain weak at 75,000. The AUD/USD price analysis shows a rebound in Australia’s economy that has eased expectations for RBA rate cuts. Meanwhile, the focus remains……
The USD/CAD forecast suggests a mild upside as the US dollar gains momentum following the shutdown’s end. The uptick in WTI and Canada’s strong employment data could not lend support to the loonie. US yields and rate cut expectations could further shape the markets. The USD/CAD forecast suggests a slight bullish momentum, trading well above……
