The AUD/USD forecast shows a rebound in the Australian dollar after the RBA governor’s speech. RBA’s Bullock said that Australia’s economy was in a good place. The dollar was steady as traders looked forward to Fed speeches this week. The AUD/USD forecast shows a rebound in the Australian dollar after RBA governor Bullock said the…
The post AUD/USD Forecast: Aussie Gains as RBAStrikes Upbeat Tone appeared first on Forex Crunch.
The EUR/USD forecast shows a sudden decline in the euro. The new trade deal leaves the EU with a 15% tariff. Traders are preparing for the FOMC meeting and the NFP report. The EUR/USD forecast shows a sudden decline in the euro after a trade deal between the US and the European Union. The initial……
The AUD/USD gained ground as the Australian CPI revealed stronger-than-expected data. The US dollar remains weak ahead of a potential 25-bps cut in today’s FOMC meeting. Traders look ahead to commentary from US FOMC members and the Federal funds rate for further policy cues. The AUD/USD forecast remains bullish, hitting a 3-week top after the……
The progressing US-China trade talks subdued gold’s safe-haven appeal. The 3% inflation YoY reinforces hopes for two Fed cuts by 2025. Due to the ongoing Federal government shutdown, the markets face a delay in key data releases. The gold outlook shows a steep decline, the first in the last five years, as the pair traded……
The AUD/USD weekly forecast stays bullish amid dollar weakness. Fed repricing with higher odds of a rate cut and soft macro data weakened the greenback. Commodity prices and China-linked risk flows supported the Aussie. The AUD/USD price closed the week near mid-0.6500, marking 1.45% gains last week, led by broad US dollar weakness and firm……
The GBP/USD price analysis shows some relief for the pound as the dollar collapses. Data on Friday revealed slower-than-expected US job growth in July. Trump slapped more countries, like Canada and South Korea, with higher tariffs on Friday. The GBP/USD price analysis shows some relief for the pound as the dollar collapses on a poor……
The AUD/USD forecast indicates increasing expectations for a Fed rate cut. The US reported 7.18 million vacancies, compared to the forecast of 7.38 million. Market participants are pricing a 97% chance of the Fed cutting in September. The AUD/USD forecast suggests growing expectations for a Fed rate cut following downbeat US employment figures. However, the……
