EUR/USD Forecast: Pullback from 10-Week Top, Dovish Fed Limits Losses

The GBP/USD price analysis indicates escalating concerns about the UK’s fiscal health. The UK 30-year yield rose to its highest point since May 1998. The US will release its non-farm payrolls report on Friday, providing an update on the state of the labor market. The GBP/USD price analysis indicates escalating concerns about the UK’s fiscal……

The EUR/USD outlook indicates increased volatility as traders weigh ECB and Fed policy outlooks. ECB policymakers said the central bank was still in a good place. US unemployment claim increased sharply to 264,000, well above the forecast of 235,000. The EUR/USD outlook indicates increased volatility as traders weigh a hawkish ECB and data supporting Fed……

AUD/USD forecast remains up as the pair climbs near 0.6630 amid stronger-than-expected Australian CPI data. The Fed remains cautious on rate cuts, with Powell stressing inflation risks, while Bowman advocates for faster easing to protect the labor market. The RBA is seen as more hawkish than the Fed, with Barclays forecasting the AUD/USD to break……

The gold forecast remains subdued after a hawkish Fed. Geopolitical concerns keep the downside limited in gold. Central bank buying and potential US tariff threats support the precious metal. The gold forecast is subdued as the price has slipped below the $3,350 mark on Friday during the earlier European session. The Fed’s hawkish pause continues……

The GBP/USD weekly forecast suggests further upside for the pound. The US CPI report revealed that inflation accelerated from 0.3% to 0.4%. US unemployment claims were higher than expected, supporting Fed rate cut bets. The GBP/USD weekly forecast suggests further upside for the pound as traders gear up for a Fed rate cut on Wednesday…….

The GBP/USD price analysis leans to the upside, driven by upbeat UK Q2 GDP and the US government shutdown. Softer JOLTS data weakened the dollar, revealing a cooling labor market. All eyes are now on the US ADP and ISM PMI data due today. The GBP/USD price analysis shows a mildly bullish scenario as the……