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…
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The GBP/USD outlook suggests the Bank of England may be nearing a pause. Nearly half of the BoE policymakers were ready to keep rates unchanged. US claims rose to 226,000, beating the forecast of 221,000. The GBP/USD outlook suggests the Bank of England could be nearing the end of its current easing cycle. As a……
The GBP/USD forecast shows the pound steady amid improved sentiment and a less dovish Fed. Chair Powell reduced interest rates by 25 bps on Wednesday but provided no clarity on another cut in December. Traders look forward to FOMC members Bowman and Logan’s speeches for further Fed policy direction. The GBP/USD forecast reflects a downward……
The AUD/USD forecast suggests easing pressure on Australia’s central bank to cut borrowing costs. Australia’s unemployment rate eased from 4.3% to 4.2%. Market participants are even pricing a 7% chance of the Fed cutting rates by 50-bps. The AUD/USD forecast suggests easing pressure on Australia’s central bank to cut borrowing costs after an upbeat employment……
Rising Fed cut bets and easing US yields weaken the dollar, boosting gold’s safe-haven demand. Prolonged geopolitical uncertainties revive gold’s safe-haven appeal against the ongoing economic and political volatility. Traders look ahead to the Consumer Price Index and jobless claims for further policy and economic cues. The gold weekly forecast shows a sharp rally to……
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 EUR/USD outlook indicates caution in the market ahead of pivotal US employment figures. Market participants are pricing a 97% chance of the Fed lowering borrowing costs this month. Fed officials are becoming more dovish while ECB policymakers are calling for steady rates. The EUR/USD outlook indicates caution in the market ahead of pivotal US……
