AUD/USD Forecast: AUD Strengthens as Inflation Expectations Rise

The GBP/USD forecast is bearish amid a hawkish Fed. Geopolitical concerns continue to weigh on the pound. Markets are now awaiting BoE policy decision and statement. The GBP/USD forecast has turned slightly bearish after staying subdued for the third consecutive session. The pair is trading around 1.3415, at the time of writing. -If you are……

The EUR/USD price sees a fresh buying wave as geopolitical tensions de-escalate. The ECB’s shift of tone may provide an additional boost to the euro. Market participants are eyeing the FOMC meeting this week. The EUR/USD price maintains a strong bullish momentum despite the Middle East tension that weighed on the pair on Friday. The……

Gold outlook remains fragile amid risk-on flows and dollar recovery. Mixed US data and a cautious Fed may keep the precious metal sidelined. Gold investments are rotating into other precious metals, keeping the yellow metal under pressure. The gold price extended its downward trajectory on Friday as risk sentiment improved, while the US dollar mildly……

The AUD/USD outlook stays steady as a less dovish Fed balances positive risk sentiment. The US dollar declined further due to the Fed’s uncertain policy stance ahead of the December Fed meeting.  Traders look ahead to commentary from FOMC members Bowman and Logan for further Fed policy outlook. The AUD/USD outlook shows the pair witnessed……

The GBP/USD outlook shows the pound trading cautiously against a subdued dollar ahead of the Bank of England’s decision.  Despite the upbeat US ADP data at 42K, the ongoing US government shutdown limits the dollar’s upside.  Traders await the BoE monetary policy meeting with the MPC members’ vote split.  The GBP/USD outlook remains range-bound, with……

GBP/USD outlook deteriorates, trading near 1.3350 after a four-week low on Thursday. UK inflation risks keep BoE hesitant on rapid easing. Strong US GDP and labor data bolster the dollar ahead of the PCE inflation report. The GBP/USD price is holding just above the 4-week lows marked on Thursday after stronger US data and mixed……