The USD/CAD outlook indicates a slight rebound in the dollar. All eyes are now on the looming August 1 tariff deadline. The European Union is planning a tariff retaliation. The USD/CAD outlook suggests a slight rebound for the dollar as traders await updates on tariffs. The greenback fell on Monday amid uncertainty about ongoing trade…
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The AUD/USD outlook shows the pair edging lower amid a firm greenback. Deputy Gov. Hauser and Assistant Gov. Jones maintained a cautious RBA policy stance. Traders await commentary from FOMC officials for further policy cues. The AUD/USD outlook shows a slight bearish momentum, as it trades near 0.6535, consolidating amid a lifted US dollar and……
The USD/CAD forecast indicates a brief rebound in the pair ahead of policy meetings. US retail sales rose by 0.6%, well above the estimate of a 0.2% increase. Data from Canada showed that inflation eased by 0.1%. The USD/CAD forecast indicates a brief rebound in the pair ahead of central bank meetings in Canada and……
The AUD/USD outlook remains favorable amid eased geopolitical concerns. The Aussie found support amid weaker USD and upbeat Chinese data. Technically, the AUD/USD price finds resistance by 20-SMA and neutral RSI. The AUD/USD outlook improved slightly on Friday amid upbeat Chinese economic data combined with a pullback in the US dollar. However, the broader market……
The EUR/USD forecast remains bullish, with a recent pullback triggered due to profit-taking. The Fed’s dovish path limits the euro’s losses, supporting a dip-buying trend in the EUR/USD. FedSpeak and next week’s US NFP could provide more clarity to the markets. The EUR/USD marked a 10-week high near 1.1750 on Thursday before retreating mildly in……
The USD/CAD weekly forecast remains bearish amid prevailing dollar weakness. The CAD gained as oil prices ticked up while Canada’s employment data remained upbeat. Markets await FOMC and BoC rate decisions due next week, while focus remains on the Fed Chair’s commentary. The USD/CAD slumped last week as the Canadian dollar gained renewed strength amid……
The GBP/USD outlook shows the dollar near a five-week low amid bets on a Fed rate cut. The preliminary GDP reading revealed that the US economy expanded by 3.3%. The pound remains vulnerable amid fiscal worries in the UK. The GBP/USD outlook shows the dollar near a 5-week low as traders price a 90% chance……
