EUR/USD Weekly Forecast: Eur Supported by Subdued Dollar

The EUR/USD outlook turns bullish as the sentiment shifts after ceasefire. Falling crude oil prices may provide more support to the EU economy. Markets now await Fed Chair’s testimony before Congress for further policy clues. The EUR/USD pair staged an impressive comeback, gaining 1.3% from Monday lows to trade near 1.1600 level on Tuesday. The……

The USD/CAD outlook indicates a sudden shift in sentiment. The US economy added only 73,000 jobs in July. Trump imposed a 35% tariff on Canada after the two countries failed to reach a trade deal. The USD/CAD outlook indicates a sudden shift in sentiment after the US released a poor monthly employment report. Nevertheless, fundamentals……

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 GBP/USD weekly forecast turns bearish after dipping to 7-week lows. Upbeat US GDP and Jobless Claims, along with a cautious Fed, triggered a dollar recovery. Markets now focus on labor market data due next week for a fresh impetus. The GBP/USD weekly forecast has turned bearish after the price significantly declined last week, reaching……

The EUR/USD forecast indicates continued weakness in the dollar after poor US jobs data. Market focus is now shifting to the US CPI report that will continue shaping the outlook for rate cuts. The European Central Bank will meet on Thursday. The EUR/USD forecast indicates continued weakness in the dollar after a downbeat monthly employment……

Gold forecast broke above $3,800 amid US shutdown risks and a weaker dollar. Fed rate cut bets remain firm, with markets pricing in easing in October and December. Haven demand, ETF inflows, and central bank buying maintain an upside bias. Gold prices marked fresh record highs above $3,800 at the start of the week, supported……