The USD/JPY outlook remains mildly positive after the Bank of Japan leaves rates unchanged. Analysts believe the upside may be capped by 145.50, observing a ranging behavior. Geopolitics could boost yen demand amid safe-haven flows. The USD/JPY outlook remains slightly supported as the pair snapped a two-day winning streak after the Bank of Japan left…
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The weakening labor market and growing expectations of rate cuts weigh on the AUD. The persistent geopolitical instability, like US-China trade frictions, supports the US dollar. Traders look forward to the Philly Fed Manufacturing Index and FOMC’s Waller comments for further policy direction. The AUD/USD outlook suggests the USD weighs on the AUD amid weaker……
Gold price forms a fresh multi-week high amid the Middle East crisis. Dismal US economic data may push the Fed to cut rates soon. The metal corrects after a strong upside with the potential to hit $3,500. Gold price breaks above the $3,400 mark on Friday, posting fresh multi-week highs near $3,445 as the safe……
Euro weakens amid French political turmoil while dollar’s safe-haven appeal revives. The Euro regained temporary strength after French political conditions eased, but sentiment maintained a bearish bias amid weak Eurozone data and a divided Fed outlook. Traders look forward to the Consumer Price Index and Eurozone Harmonized Index of Consumer Prices for market direction cues. ……
The EUR/USD outlook suggests a rebound in the dollar after it ended August down. The dollar recovered as traders anticipated crucial US employment data. Isabel Schnabel said rates should remain steady. The EUR/USD outlook suggests a rebound in the dollar after it ended August down. The recovery comes ahead of the all-important US nonfarm payrolls……
The USD/JPY outlook indicates increasing expectations for Bank of Japan rate hikes. Data on Friday revealed that Japan’s economy expanded by 1.0%. Fed rate cut bets eased slightly after upbeat wholesale inflation figures. The USD/JPY outlook indicates increasing expectations for Bank of Japan rate hikes after upbeat GDP data from Japan. As a result, the……
Gold forecast edged higher as the dollar lost traction amid rising bets on Fed easing in December. US PPI and Consumer Confidence data showed softness, adding more to the gold bulls. Markets await key US data and Fed commentary to find more clues about gold’s directional bias. The gold forecast has turned higher as the……
