The EUR/USD forecast indicates a rebound in the dollar after upbeat employment figures. Job vacancies in the US exceeded the estimated number. Powell did not rule out the possibility of a rate cut at the next meeting. The EUR/USD forecast indicates a rebound in the dollar after upbeat employment figures in the previous session. However,…
The post EUR/USD Forecast: Dollar Rebounds on Strong Jobs Data appeared first on Forex Crunch.
The GBP/USD weekly forecast turns bearish after dipping to 7-week lows. Upbeat US GDP and Jobless Claims, along with a cautious Fed, triggered a dollar recovery. Markets now focus on labor market data due next week for a fresh impetus. The GBP/USD weekly forecast has turned bearish after the price significantly declined last week, reaching……
The EUR/USD outlook remains choppy near 1.1600, with an eye on HICP data. Eurozone inflation is expected to tick up, reinforcing the ECB’s decision to hold in the December meeting. Fed easing odds continue to weaken the dollar, lending support to the EUR/USD. The EUR/USD price remains flat near 1.1600 during the earlier European session……
The AUD/USD outlook shows solid bullish sentiment as the dollar trades near a two-week low. The dollar collapsed on Tuesday after data revealed that inflation increased by 0.2%. Market participants are pricing a 98% chance of the Fed cutting rates in September. The AUD/USD outlook shows solid bullish sentiment as the dollar trades near a……
The GBP/USD weekly forecast suggests further downside. The US economy grew by 3.0%, compared to the forecast of 2.5%. The dollar retreated on Friday after data revealed slower-than-expected job growth in July. The GBP/USD weekly forecast suggests further downside as market participants prepare for a Bank of England rate cut. Ups and downs of GBP/USD ……
The AUD/USD outlook suggests a rebound in the dollar as market participants look past Fed rate cuts. Market participants were pricing a 92.1% chance of the Fed cutting rates in September. Lower borrowing costs will help revive the weak US economy. The AUD/USD outlook suggests a rebound in the dollar as market participants look past……
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……
