AUD/USD Outlook: Strong Jobs Data Fuels Aussie to 15-Month High

The EUR/USD outlook remains mildly supported amid a weaker dollar. The Dollar Index remains steady after losses as the US yields rise on Tuesday. Markets anticipate the US ADP and IS Services PMI data due this week. The EUR/USD price remains flat near 1.1610 on Tuesday’s European session, after reaching a 2-week top near 1.1650……

The EUR/USD outlook shows steady Eurozone consumer inflation expectations.  Consumers expect Eurozone inflation to average 2.6% in the next year.  The preliminary US GDP revealed a 3.3% expansion, bigger than the forecast of 3.1%. The EUR/USD outlook shows the euro recovering after an ECB survey revealed steady consumer inflation expectations. However, the currency pulled back……

The AUD/USD forecast shows an uptrend as a strengthened AUD moves against a weaker US dollar amid tight RBA policy and US shutdown optimism. The US Senate advances a government funding bill to end the Federal government shutdown.  Traders await commentary from FOMC members Musalem and Daly for further policy cues.  The AUD/USD forecast suggests……

The USD/CAD outlook stays positive near 1.3950 amid cautious sentiment.  The dollar stays pressured due to the ongoing US government shutdown and dovish Fed rate cuts.  The Canadian dollar strengthens due to stable oil prices and a balanced BoC Outlook.   The USD/CAD outlook maintains a positive stance as the pair holds near 1.3950, signaling minimal……

The EUR/USD outlook indicates caution in the market ahead of pivotal US employment figures. Market participants are pricing a 97% chance of the Fed lowering borrowing costs this month. Fed officials are becoming more dovish while ECB policymakers are calling for steady rates. The EUR/USD outlook indicates caution in the market ahead of pivotal US……

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……