AUD/USD Forecast Extends Losses as Traders Await Jackson Hole

The AUD/USD outlook stays steady as a less dovish Fed balances positive risk sentiment. The US dollar declined further due to the Fed’s uncertain policy stance ahead of the December Fed meeting.  Traders look ahead to commentary from FOMC members Bowman and Logan for further Fed policy outlook. The AUD/USD outlook shows the pair witnessed……

The weakening labor market and growing expectations of rate cuts weigh on the AUD. The persistent geopolitical instability, like US-China trade frictions, supports the US dollar. Traders look forward to the Philly Fed Manufacturing Index and FOMC’s Waller comments for further policy direction.  The AUD/USD outlook suggests the USD weighs on the AUD amid weaker……

The EUR/USD outlook reflects range-bound momentum, backed by a resilient euro but limited by USD strength. The ECB navigates a divided stance among policymakers about the timing of easing, as sticky inflation limits the chances of early rate cuts. Traders look ahead to the US manufacturing PMI and manufacturing prices for directional bias.  The EUR/USD……

The EUR/USD price analysis remains subdued under 1.1600 amid deteriorated risk sentiment.  Fed’s cautious tone and political chaos in France weigh on the euro.   Traders look ahead to the G20 and IMF meetings for clear policy direction.  The EUR/USD price analysis suggests that the pair remains pressured, trading near 1.1590 after dropping below the 1.1600……

GBP/USD price analysis remains subdued after easing UK CPI data. The pound remains vulnerable amid the Fed’s cautiousness and the BoE’s higher odds of a rate cut. Focus remains on the UK Autumn budget as fiscal concerns mount. The GBP/USD price analysis reveals a subdued picture on Wednesday despite UK inflation easing in line with……

GBP/USD forecast remains higher as the UK budget provides near-term support. The US dollar remains weak amid soft economic data and increased dovish expectations from the Fed. Technically, the prices remain protected by the 200-MA support. The GBP/USD forecast remains elevated as the pair rallied for its seventh straight session, trading near 1.3240 in Friday’s……