AUD/USD Outlook: Downbeat Jobs Data Offset FOMC-Led Gains

The AUD/USD forecast indicates a surge in RBA rate cut bets. Australia’s economy added only 2,000 jobs, compared to the forecast of 21,000. Reports revealed that Trump was planning to fire Powell. The AUD/USD forecast indicates a surge in RBA rate cut bets after a downbeat jobs report from Australia. Meanwhile, in the US, tensions……

The AUD/USD weekly forecast indicates bearish momentum despite the resilient Australian dollar.  Australia’s unemployment data fell to 4.3% in October, with an addition of 42.2k jobs. Traders anticipate the FOMC and RBA meeting minutes along with speeches by Fed officials next week.  The AUD/USD weekly forecast reflects a broader selling pressure, as the pair closed……

GBP outlook stays pressured as investors turn to the US dollar for its safe-haven appeal.  Traders look forward to BoE’s Huw Pill’s speech and FOMC minutes to gauge direction.  Technically, the pair signals a bearish trend and trades around 1.3400.  The GBP/USD outlook shows bearish bias, trading around 1.3400 since investors have fled to the……

The AUD/USD outlook shows solid bullish sentiment as the dollar trades near a two-week low. The dollar collapsed on Tuesday after data revealed that inflation increased by 0.2%. Market participants are pricing a 98% chance of the Fed cutting rates in September. The AUD/USD outlook shows solid bullish sentiment as the dollar trades near a……

GBP/USD remains under pressure amid persistent dollar strength and fading BoE rate hike bets. UK CPI surprised to the upside, but markets doubt the BoE will respond with another hike. Next week’s focus shifts to UK and US PMIs, both likely to shape GBP/USD’s near-term trajectory. The GBP/USD price closed lower for the week, sliding……

UK GDP indicates modest growth, while dovish Fed expectations weakened the dollar. Geopolitical risks like US-China trade frictions and French political uncertainty keep sentiment cautious.  Traders look forward to FOMC Waller’s speech and the Philly Fed manufacturing index for further impetus. The GBP/USD forecast indicates the price stays above the 1.3400 level, backed by mixed……