AUD/USD Weekly Forecast: Aussie Holds Firm Ahead of RBA, FOMC Minutes

Gold eased below $4,000 as traders booked profits following record highs, easing geopolitical tensions.    Persistent policy instability and growing inflation concerns reaffirm gold’s safe-haven appeal.  Traders closely monitor Fed speeches and the Michigan Consumer Index for further policy and direction cues.  The gold outlook shows a pause in the uptrend, correcting below the $4,000 mark……

The AUD/USD forecast shows a slight boost, but is capped by a stronger greenback.  The AUD halted its three-day losing streak as the Austrian CPI data came in stronger than expected, lifting the AUD.  Traders look ahead to the RBA rate decision and the US ISM manufacturing PMI data for fresh impetus.  The AUD/USD forecast……

The EUR/USD pair exhibits a range-bound momentum as markets anticipate the release of September’s Non-Farm Payroll this week. ECB officials affirm that interest rates should remain unchanged as inflation and economic growth risks remain balanced.  FOMC officials’ commentary could lead the traders to reposition.    The EUR/USD outlook indicates that the pair is consolidating near 1.1590,……

The EUR/USD weekly forecast remains bearish around 1.1500 amid mixed Eurozone data. US dollar remains resilient despite mixed labor market data, keeping EUR/USD under pressure. Markets await key macro releases from both sides to gauge market momentum. The EUR/USD weekly forecast reflects a modest downtrend as the price closed around 1.1500 handle. The pair struggled……

The EUR/USD forecast points south as market participants worry about political stability in France. The French Prime Minister has called for a confidence vote in early September. The dollar rebounded on Wednesday as concerns about the Fed’s independence eased. The EUR/USD forecast points south as market participants worry about political stability in France. Meanwhile, the……

The EUR/USD outlook indicates increased volatility as traders weigh ECB and Fed policy outlooks. ECB policymakers said the central bank was still in a good place. US unemployment claim increased sharply to 264,000, well above the forecast of 235,000. The EUR/USD outlook indicates increased volatility as traders weigh a hawkish ECB and data supporting Fed……