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…
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The USD/CAD price analysis shows continued dollar weakness. Trump’s Fed pick has raised speculation about more dovish picks in the future. Market participants are awaiting employment figures from Canada. The USD/CAD price analysis shows continued dollar weakness after Trump’s pick for Fed Governor hinted at more dovishness in the central bank. At the same time,……
The AUD/USD outlook is bullish as the pair quickly recovered after a ceasefire. The US dollar and crude oil lost all the gains accumulated after Middle East escalation. Market participants expect Fed’s easing to begin as soon as July. The AUD/USD price rebounded sharply, staging recovery from the losses posted on Monday due to escalated……
The USD/CAD forecast indicates a pause in the dollar’s rally. Treasury yields collapsed after a successful 10-year note auction. Fed policymakers believe rate cuts will be appropriate later in the year. The USD/CAD forecast indicates a pause in the dollar’s rally after a sharp collapse in Treasury yields in the previous session. At the same……
EUR/USD price eased as the dollar pulled back after three consecutive days of losses. Resilient Eurozone data pushes ECB to pause the easing cycle for longer.The US Fed is expected to ease in December amid softer macro data. The EUR/USD price eased modestly in Friday’s Asian session, briefly slipping below the 1.1600 level after posting……
The ongoing geopolitical tensions, like the US-China trade tensions and the war between Russia and Ukraine, lend support to gold. The pullback seems short-term amid a stronger US dollar as expectations of Fed easing continue to enhance gold’s safe-haven appeal. Traders look forward to FOMC’s Waller speech for further policy cues. The gold outlook indicates……
The EUR/USD forecast shows a slight rebound towards 1.1510 amid a slightly subdued dollar. Germany’s industrial growth boosted the euro, offsetting the dollar’s support from US ADP data. Traders await the EUR retail sales and commentary from FOMC Members Barr, Williams, and Hammock for further policy cues. The EUR/USD forecast shows the pair slightly edged……
