AUD/USD Forecast: Breather for RBA Amid Upbeat Jobs

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……

The AUD/USD outlook remains constructive as the US dollar weakens ahead of the Fed rate cut. Hawkish RBA and China’s trade surplus keep Aussies supported. Technical correction could be seen before the bullish continuation. The AUD/USD price starts the fresh week with a tight bullish consolidation, holding near Friday’s highs around mid-0.6600. The traders are……

The AUD/USD outlook shows the pair recovering some losses after RBA’s Bullock left cautious comments. As widely anticipated, the RBA kept the cash rates unchanged at 3.6% on Tuesday.  Traders await FOMC Bowman’s commentary for further policy direction.  The AUD/USD outlook remains weak, trading near 0.6520 after a brief recovery amid the Reserve Bank of……

The AUD/USD outlook indicates weak risk appetite ahead of the US payrolls. Traders are pricing a 91.5% chance of a rate cut in September. Australia’s inflation report increased pressure on the RBA to lower borrowing costs. The AUD/USD outlook shows weak risk appetite ahead of this week’s US nonfarm payrolls report. At the same time,……

The GBP/USD price analysis suggests a longer delay in Bank of England rate cuts. Inflation in the UK accelerated from 3.6% to 3.8%. Traders are awaiting the FOMC minutes. The GBP/USD price analysis suggests a longer delay in Bank of England rate cuts as UK inflation remains high. As a result, the pound recovered from……

The USD/JPY outlook shows some indecision in the market ahead of the US CPI. Economists are forecasting a US headline figure of 2.8%. Trade tensions between China and the US might increase. The USD/JPY outlook shows some indecision in the market as traders look forward to crucial US inflation figures. Meanwhile, the uncertainty surrounding the……