Dovish Fed expectations and declining US growth weigh on the dollar. The UK’s fiscal challenges and the cautious Bank of England’s policy stance limit the pound’s uptrend. Traders look ahead to the IMF meetings and comments from FOMC and MPC members for further policy cues. The GBP/USD outlook indicates bullishness as the pair trades around…
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Gold price remains consolidating under $3,400 as markets await the FOMC meeting. The Fed’s economic projection and dot plot are key to watch. Geopolitical concerns and a stronger dollar may keep the momentum neutral. Gold price stays under pressure, trading at $3,383, at the time of writing, during the London session. Market participants are anxiously……
The EUR/USD forecast remains bullish as the dollar weakened further following the release of dismal ADP and Services PMI data. The ECB’s neutral monetary policy diverges from easing Fed support, with EUR/USD poised for upside. Markets await the US Jobless Claims and PCE inflation report data ahead. The EUR/USD forecast edges higher as the US……
The GBP/USD outlook shows a solid rebound in the UK economy. Data on Thursday revealed that the UK economy expanded by 0.4%. Top US government officials are calling for a big rate cut. The GBP/USD outlook shows a solid rebound in the UK economy that has lowered BoE rate cut bets and boosted the pound…….
The GBP/USD outlook suggests mounting worries about the UK’s fiscal health. The UK public sector borrowed 83.8 billion pounds between April and August. The Bank of England kept interest rates on hold in the previous session. The GBP/USD outlook suggests mounting worries about the UK’s fiscal health after data revealed a bigger-than-expected surge in public……
The GBP/USD outlook shows a steady pound as market participants watch developments on tariffs. Trump threatened to impose a 50% tariff on copper imports. Traders are waiting for the UK GDP report. The GBP/USD outlook shows a steady pound as market participants watch developments on tariffs. A BoE report revealed that risks to the financial……
The EUR/USD outlook indicates increased volatility as traders weigh ECB and Fed policy outlooks. ECB policymakers said the central bank was still in a good place. US unemployment claim increased sharply to 264,000, well above the forecast of 235,000. The EUR/USD outlook indicates increased volatility as traders weigh a hawkish ECB and data supporting Fed……
