EUR/USD Weekly Forecast: Bulls Fading from Multi-Year Top Ahead of ECB, NFP

The AUD/USD price analysis shows rising RBA rate cuts after downbeat inflation figures. Australia’s inflation increased by 1.9% annually, compared to the forecast of 2.1%. Traders remain cautious ahead of the FOMC meeting. The AUD/USD price analysis shows a rise in RBA rate cut odds after downbeat inflation figures from Australia. Meanwhile, market participants are……

The GBP/USD forecast reveals weakness amid the UK fiscal uncertainty. The US dollar edged up as Chair Powell came up with a cautious tone for a December cut. Traders await the BoE interest rate decision and US NFP data next week. The GBP/USD weekly forecast reflects a persistent bearish bias, closing the week at 1.3140…….

The AUD/USD outlook points to further weakness in Australia’s labor market. Australia’s economy lost 5,400 jobs compared to the forecast of an addition of 21,200. The dollar gained after the Fed cut rates as expected on Wednesday. The AUD/USD outlook points to further weakness in Australia’s labor market that could increase pressure on the RBA……

The EUR/USD outlook shows the euro extending Friday’s gains. Fed’s Chris Waller said he was okay with a July rate cut. Traders are expecting the ECB to pause this week. The EUR/USD outlook indicates that the euro is likely to extend its gains from Friday, as the dollar pauses its rally. The decline came after……

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……

Gold price marks fresh record highs above $3,900 amid geopolitics and the US government shutdown. Fed’s easing stance and institutional buying keep the bullion supported, with yearly targets around $4,200. Technically overbought gold could pull back before resuming the uptrend.   Gold price broke above the $3,900 level on Monday, marking fresh all-time highs around……