The AUD/USD price analysis points to further RBA rate cuts as inflation and growth in Australia slow. Market participants are pricing a 34% chance of an RBA cut in September. Traders remain cautious ahead of the US CPI report. The AUD/USD price analysis points to further RBA rate cuts as inflation and growth in Australia…
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The USD/JPY forecast indicates brief relief for the yen after a steep decline. The yen has weakened significantly following Trump’s announcement of a 25% tariff on Japanese goods. Market participants are awaiting the release of the FOMC meeting minutes. The USD/JPY forecast indicates brief relief for the yen after a steep decline due to tariff……
The GBP/USD price analysis indicates escalating concerns about the UK’s fiscal health. The UK 30-year yield rose to its highest point since May 1998. The US will release its non-farm payrolls report on Friday, providing an update on the state of the labor market. The GBP/USD price analysis indicates escalating concerns about the UK’s fiscal……
EUR/USD price slips as unresolved French political risk undermines confidence in the euro. Dollar strength is partly structural, driven by relative decline elsewhere rather than strong national data. Fed minutes and ECB commentary may be the next catalysts for a shift in direction. The EUR/USD price extended its downside on Wednesday, falling to 1.1615, the……
The USD/JPY forecast indicates a slight recovery in the dollar. The economy added only 73,000 jobs in July. The BoJ has been more confident in talks of resuming rate hikes. The USD/JPY forecast indicates a slight recovery in the dollar after a steep decline in the previous session due to downbeat employment numbers. Meanwhile, the……
The EUR/USD outlook suggests a rebound in the dollar after it ended August down. The dollar recovered as traders anticipated crucial US employment data. Isabel Schnabel said rates should remain steady. The EUR/USD outlook suggests a rebound in the dollar after it ended August down. The recovery comes ahead of the all-important US nonfarm payrolls……
The USD/JPY outlook indicates that focus has shifted from tariffs to upcoming central bank policy meetings. US business activity data was mixed. Traders expect Powell to maintain his cautious tone. The USD/JPY outlook indicates a shift in sentiment as the market’s focus shifts from tariffs to upcoming central bank policy meetings. The dollar recovered, while……
