The EUR/USD forecast indicates continued weakness in the dollar after poor US jobs data. Market focus is now shifting to the US CPI report that will continue shaping the outlook for rate cuts. The European Central Bank will meet on Thursday. The EUR/USD forecast indicates continued weakness in the dollar after a downbeat monthly employment…
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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 AUD/USD outlook remains favorable amid eased geopolitical concerns. The Aussie found support amid weaker USD and upbeat Chinese data. Technically, the AUD/USD price finds resistance by 20-SMA and neutral RSI. The AUD/USD outlook improved slightly on Friday amid upbeat Chinese economic data combined with a pullback in the US dollar. However, the broader market……
The USD/CAD forecast indicates a brief rebound in the pair ahead of policy meetings. US retail sales rose by 0.6%, well above the estimate of a 0.2% increase. Data from Canada showed that inflation eased by 0.1%. The USD/CAD forecast indicates a brief rebound in the pair ahead of central bank meetings in Canada and……
The EUR/USD price analysis shows a stronger dollar amid increasing geopolitical tensions. Israel attempted to kill Hamas leaders with an airstrike in Qatar. The euro remained pressured after France’s Prime Minister resigned. The EUR/USD price analysis shows increasing geopolitical tensions, which have increased demand for the safe-haven dollar. At the same time, political uncertainty in……
The USD/CAD forecast shows intense pressure on the Canadian dollar ahead of the tariff deadline. Canada could face tariffs of 35% if there is no trade deal soon. Traders are expecting both the Fed and the BoC to pause. The USD/CAD forecast shows intense pressure on the Canadian dollar as the August 1 tariff deadline……
Gold weekly forecast turns bullish as Fed Chair hinted at a rate cut in September. Easing tensions in Ukraine could cap the gains in gold. Traders eye the US Core PCE and US GDP q/q data due next week for more impetus. Gold ended the previous week on an optimistic note, rising above the $3,370……
