EUR/USD Forecast: Bulls Shy Despite Increased US Jobless Claims

The AUD/USD outlook remains subdued, following weaker Australian jobs data. Fed rate cuts are weighing on the US dollar, limiting AUD/USD losses. Technically, the 20-period MA remains decisive for the traders as closing below could exacerbate selling. The AUD/USD price slipped in the Asian session on Thursday, paring off Wednesday’s partial gains led by the……

The USD/CAD outlook remains slightly negative despite a looming BOC rate cut. The US government shutdown poses a significant risk for dollar depreciation. Markets now closely watch the JOLTS job openings report, along with the Fed’s speech, for further guidance. The USD/CAD outlook remains steady above 1.3900 on Tuesday, following a softer start to the……

The GBP/USD weekly forecast is mildly bearish amid central bank divergence. The Middle East crisis continues to weigh on the pound, adding gains to the US dollar. Market participants set eyes on PMI readings and US GDP and inflation data. The British pound managed to partially recover its losses against the US dollar after the……

Gold forecast remains bullish above the $4,200 mark, supported by several macro variables. December Fed easing and geopolitics keep safe-haven flows to gold. Technically, the price looks to test the swing high near $4,300 ahead of all-time highs at $4,380. Gold price stays supported near the $4,200 level despite bouts of volatility. The metal surged……

The GBP/USD outlook shows a solid rebound in the UK economy. Data on Thursday revealed that the UK economy expanded by 0.4%. Top US government officials are calling for a big rate cut. The GBP/USD outlook shows a solid rebound in the UK economy that has lowered BoE rate cut bets and boosted the pound…….

EUR/USD forecast remains restrained around 1.1660, with political chaos in France and the US government pressuring market sentiment.  The downside risk is restricted by expectations of Fed rate cuts, and the euro finds backing from the ECB’s stable stance. Traders are focused on potential technical levels and economic data, which could influence EUR/USD’s upcoming move. ……