The EUR/USD outlook reflects market caution amid a divided Fed and stable ECB. The broader market sentiment remains neutral while markets price in a 71% chance of a December Fed cut. Traders look forward to the EUR CPI flash estimate Y/Y and the EUR prelim CPI M/M for further policy cues. The EUR/USD outlook indicates…
The post EUR/USD Outlook: Bears Sustain Amid Steady ECB, Fed’s Cautiousness appeared first on Forex Crunch.
The EUR/USD weekly forecast has turned bullish after the Fed Chair left dovish remarks regarding rate cuts. Positive Eurozone PMIs limited the downside for the Euro. Markets eye macro releases from both the Eurozone and the US next week. The euro ended the week with a flurry of buying, with EUR/USD breaking through the 1.1700……
EUR/USD price remains soft amid the French political crisis and rising growth concerns. US dollar finds footing despite easing geopolitical risk after Hamas-Israel deal. Diverging ECB and Fed tones could keep the euro under pressure in Q4 2025. The EUR/USD price extended its decline to 1.1600 on Thursday amid persistent political uncertainty in France and……
USD/CAD outlook stays steady above 1.4000 level amid dollar’s safe-haven demand. Relieved fears of trade war provide mild support to the greenback. Subdued oil prices weigh on the CAD, keeping the USD/CAD supported. The USD/CAD outlook remains steady as the greenback remains firm against the Canadian dollar in the last few sessions. The pair has……
The GBP/USD weekly forecast remains under pressure amid dismal UK economic data. The US dollar remains firm amid receding Fed rate cut expectations. All eyes on the UK Autumn budget and US inflation data that could shape the market expectations. The GBP/USD weekly forecast reveals sustained pressure as the soft UK data, like a 1.1%……
AUD/USD price falls to a three-week low on Friday. US GDP was revised higher to 3.8% and jobless claims fell to 218K. Traders await U.S. core PCE inflation data for fresh direction. The AUD/USD price fell to 3-week lows on Thursday, pressured by a resurgent US dollar after a raft of stronger-than-expected data. The US……
The progressing US-China trade talks subdued gold’s safe-haven appeal. The 3% inflation YoY reinforces hopes for two Fed cuts by 2025. Due to the ongoing Federal government shutdown, the markets face a delay in key data releases. The gold outlook shows a steep decline, the first in the last five years, as the pair traded……
