EUR/USD Price Below 1.16 as Traders Await Jackson Hole

EUR/USD forecast remains restrained around 1.1660, with political chaos in France and the US government pressuring market sentiment.  The downside risk is restricted by expectations of Fed rate cuts, and the euro finds backing from the ECB’s stable stance. Traders are focused on potential technical levels and economic data, which could influence EUR/USD’s upcoming move. ……

The euro remains steady amid signs of resilient growth and the ECB’s policy guidance. The USD strengthens amid expectations of two additional rate cuts by year-end.   Traders await comments from FOMC members Bowman and Barr for further policy and economic directions.  The EUR/USD outlook shows the pair under pressure, maintaining a cautious market sentiment amid……

The EUR/USD outlook shows the euro extending Friday’s gains. Fed’s Chris Waller said he was okay with a July rate cut. Traders are expecting the ECB to pause this week. The EUR/USD outlook indicates that the euro is likely to extend its gains from Friday, as the dollar pauses its rally. The decline came after……

The EUR/USD outlook reflects range-bound momentum amid US government shutdown optimism. Luis de Guindos remains optimistic, with current interest rates, and suggests no changes if the currency inflation trends persist.  Traders look ahead to the EUR Sentix Investor Confidence and remarks from FOMC officials for fresh impetus.  The EUR/USD outlook shows a mild bullish bias……

The USD/CAD pair maintains a bullish bias amid weak oil prices and heightened expectations of rate cuts by the Bank of Canada. This week’s upcoming Canadian CPI release could boost the CAD if the data exceeds the forecast. Traders look forward to the Canadian CPI and FOMC’s Waller’s comments for further policy cues.  The USD/CAD……

The USD/JPY price analysis indicates a weak dollar as market participants gear up for a likely Fed rate cut. A dovish Fed tone could further weigh on the greenback. Traders are uncertain about Japan’s politics as the country prepares to choose a new prime minister. The USD/JPY price analysis indicates a weak dollar as market……