The AUD/USD outlook indicates a rebound in the dollar. The latest trade deal came on Sunday between the US and the EU. Traders expect Powell to keep his cautious tone. The AUD/USD outlook indicates a slide amid the US dollar’s rebound as optimism grows over recent trade deals. The agreements have begun to lift the…
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The AUD/USD outlook stays mildly bullish as the dollar loses traction after improved risk sentiment. AFR survey reveals the odds of the RBA tightening, while the US Fed is expected to ease further. Technically, the price lacks follow-through momentum amid overbought conditions. After recording two straight sessions of gains, the Australian dollar continues its comeback……
The AUD/USD weekly forecast indicates some bearish sentiment. Risk sentiment was poor following the passage of Trump’s tax-cut bill through the US Senate. The US economy added 147,000 jobs in June, above the forecast of 111,000. The AUD/USD weekly forecast indicates some bearish sentiment as market participants prepare for an RBA rate cut. Ups and……
The EUR/USD forecast is strongly bullish despite a mild pullback from YTD highs. A weaker dollar amid dovish Fed expectations keeps the Euro bullish. Markets are eyeing US Q1 GDP and US Core PCE Index data for further impetus. The EUR/USD price is trading slightly lower on Wednesday during the early New York session, after……
The GBP/USD price stays positive above 1.3100, awaiting the UK budget. The UK government faces a strong challenge to balance between growth and fiscal deficit. Markets eye Fed comments and US PPI ahead of Wednesday’s UK budget. The GBP/USD price trades above 1.3100 on Tuesday, broadly unchanged as investors stay focused on Wednesday’s UK Autumn……
The GBP/USD forecast points to further gains to 1.4000 provided the Fed shows a dovish stance in today’s meeting. Sterling remains at an advantage against the dollar amid recent upbeat UK data, pushing the BoE to rethink its aggressive easing policy. Technically, the price remains in a strong uptrend with a risk of profit-taking before……
EUR/USD held a narrow range amid conflicting ECB and Fed expectations. The dollar found support from strong US data and tariff-driven safe-haven flows. Next week’s ECB meeting and Eurozone PMIs will be key catalysts. The EUR/USD pair traded defensively, hovering around the 1.1600 mark. Early strength in the euro faded mid-week as traders re-evaluated the……
