The AUD/USD outlook is bullish as the pair quickly recovered after a ceasefire. The US dollar and crude oil lost all the gains accumulated after Middle East escalation. Market participants expect Fed’s easing to begin as soon as July. The AUD/USD price rebounded sharply, staging recovery from the losses posted on Monday due to escalated…
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The EUR/USD price analysis reveals growing uncertainty about the outlook for tariffs on Eurozone goods. Data in the previous session revealed unexpected strength in the US labor market. Market participants are watching the July 9 tariff deadline. The EUR/USD price analysis reveals growing uncertainty about the outlook for tariffs on Eurozone goods as the deadline……
Gold outlook remains bullish, standing above the key $3,870 level. Risk flows due to the US government shutdown, weaker labor data, and the Russia-Ukraine crisis push gold up. Markets await the US ADP and ISM Manufacturing PMI for more impetus. Gold prices are holding near the record high levels of $3,875 during the early European……
The AUD/USD forecast appears neutral after the dismal Chinese data. Australian employment data revealing weakness puts RBA in doubts about keeping tighter monetary policy. The markets await US NFP data due on Tuesday for further impetus. The AUD/USD price opened the week slightly lower, trading near mid-0.6600 in Asian hours on Monday as weak Chinese……
The EUR/USD weekly forecast indicates a bullish bias, with the dollar under pressure amid growing economic concerns. The probability of a December Fed cut reduced from 70% to 50% by Friday due to market caution and lack of visibility into economic data. Traders look forward to the FOMC Minutes, NFP, and PMIs for fresh impetus. ……
The GBP/USD forecast is bearish amid a hawkish Fed. Geopolitical concerns continue to weigh on the pound. Markets are now awaiting BoE policy decision and statement. The GBP/USD forecast has turned slightly bearish after staying subdued for the third consecutive session. The pair is trading around 1.3415, at the time of writing. -If you are……
The USD/CAD outlook is positive amid dollar’s safe-haven demand. Escalating Iran-Israel conflict and rising oil prices support the pair. Diverging economic outlook limits the gains. The USD/CAD outlook gains traction on Monday, posting fifth consecutive winning streak on Monday. The pair moved above the mid-1.3700 area on Monday ahead of European session. The price opened……
