The EUR/USD forecast remains bullish amid a weaker dollar and a resilient Eurozone economy. ECB officials highlight the EU’s stable inflation, pointing to a likelihood of a rate hike next year. All eyes are on the FOMC press conference and labour data to provide fresh impetus to the market. The EUR/USD pair opened the week…
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GBP/USD forecast remains supported by sticky UK inflation and steady BoE stance. Dollar’s advance stalls as US data blackout clouds rate outlook. Markets see October Fed cut as certain, while December cut remains uncertain. The GBP/USD forecast stays firm this week as the US dollar faces receding momentum amid a delay in key economic releases……
EUR/USD price remains flat after falling from daily highs. The removal of Fed Governor Cook created chaos in the market. The imposition of US digital taxes can initiate another trade war between the EU and the US. The EUR/USD price remains flat near 1.1630, at the time of writing, during the early European session. The……
USD/CAD outlook stays steady above 1.4000 level amid dollar’s safe-haven demand. Relieved fears of trade war provide mild support to the greenback. Subdued oil prices weigh on the CAD, keeping the USD/CAD supported. The USD/CAD outlook remains steady as the greenback remains firm against the Canadian dollar in the last few sessions. The pair has……
The GBP/USD forecast shows the pair stabilized under 1.1350 amid the diverging policy decisions by the Fed and BoE. The UK inflation data, fiscal concerns, and softer retail sales data weigh the pound. Traders await commentary from FOMC Members Hammock, Logan, and Bostic for further policy cues. The GBP/USD forecast shows a steady movement, trading……
The EUR/USD outlook reflects range-bound momentum amid US government shutdown optimism. Luis de Guindos remains optimistic, with current interest rates, and suggests no changes if the currency inflation trends persist. Traders look ahead to the EUR Sentix Investor Confidence and remarks from FOMC officials for fresh impetus. The EUR/USD outlook shows a mild bullish bias……
EUR/USD steadies near 1.1740 after a sharp midweek drop. Dollar strength stems from firmer U.S. data and cautious Fed guidance. Markets await the release of US GDP and PCE inflation data to confirm the Fed’s next steps. The EUR/USD forecast tilts to the downside as the price saw a 0.6% decline on Wednesday, primarily driven……
