The EUR/USD outlook remains steady under 1.1750, with eyes on the US CPI and the ECB rate decision. A softer dollar ahead of data keeps the EUR/USD downside limited. Weaker German IFO data and bearish pin bars continue to cap the gains, keeping the pair within a broad range. The EUR/USD price is trading below…
The post EUR/USD Outlook: Wobbling Near 1.1750 Ahead of ECB, US CPI appeared first on Forex Crunch.
The USD/JPY price analysis reveals a strong uptrend amid the US-Japan yield differential and rising dollar flows during risk-off market conditions. Carry dynamics favor the USD after risk-off sentiment is triggered by the Venezuelan operation. Markets are now turning their attention to the US jobs and PMI data due this week. The USD/JPY has started……
The USD/JPY outlook remains modestly bullish, as poor risk sentiment benefits the dollar more than the yen. Japan’s PM could call for an early election, keeping the yen under pressure. Speculations about the Fed’s independence could limit the dollar’s rally in the short term. The USD/JPY pair trades near a one-year high as the Japanese……
USD/JPY outlook remains weak on Tuesday, driven by FX intervention warnings. Stimulus package and Tokyo’s verbal warnings keep the USD/JPY in a delicate balance. Markets eye US PPI data that could provide fresh insight for Fed’s rate cut in December. The USD/JPY outlook edged lower on Tuesday as the Japanese yen regained some strength amid……
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……
The AUD/USD price analysis is bearish despite upbeat inflation numbers from Australia. Inflation in Australia increased by 2.8% in July. The dollar found its feet, recovering from the recent threat by Trump to fire a Fed official. The AUD/USD price analysis shows a drop in the Aussie despite upbeat inflation numbers from Australia. Still, RBA……
The US Dollar Index outlook remains range-bound after a decline triggered by concerns about Fed independence. Markets await the release of US CPI data, which could influence the Fed’s monetary policy expectations. Technically, the index consolidates, but the overall trend remains constructive in the short term. The US Dollar Index is moving in a tight……
