EUR/USD Outlook: Dollar Rebounds Ahead of Key US Jobs Data

Gold stays intact above $4,100 amid anticipated Fed easing and ongoing geopolitical risks.  US-China trade frictions enhance gold’s “buy-on-dips” appeal.  Traders look ahead to Fed Powell’s speech and the upcoming CPI and PPI figures for further policy cues.  The gold outlook shows a retreat from the intraday peak around the $4,179-4,180 level, after investors booked……

EUR/USD price analysis suggests a sluggish move dominated by short-term US yields. French political chaos offsets the positive economic factors in the Eurozone in the near term. Markets remain sidelined as the key Fed decision looms this week. The EUR/USD pair trades with a softer tone as short-term US yields dominate market sentiment, overshadowing the……

The USD/CAD weekly forecast remains bearish amid prevailing dollar weakness. The CAD gained as oil prices ticked up while Canada’s employment data remained upbeat. Markets await FOMC and BoC rate decisions due next week, while focus remains on the Fed Chair’s commentary. The USD/CAD slumped last week as the Canadian dollar gained renewed strength amid……

The USD/JPY forecast shows a resilient yen despite a shift in Japan’s political landscape. Japan’s ruling party lost the election on Sunday. If there is no trade deal by August 1, Japan might face a 25% tariff on its goods. The USD/JPY forecast shows a resilient yen despite a shift in Japan’s political landscape. The……

The EUR/USD price analysis shows a growing economic and monetary policy divergence between the US and the Eurozone. Market participants are pricing a 92.1% chance of a September rate cut. Traders are paying attention to the conflict between Trump and Powell. The EUR/USD price analysis shows a growing economic and monetary policy divergence between the……

The GBP/USD outlook shows the pound trading cautiously against a subdued dollar ahead of the Bank of England’s decision.  Despite the upbeat US ADP data at 42K, the ongoing US government shutdown limits the dollar’s upside.  Traders await the BoE monetary policy meeting with the MPC members’ vote split.  The GBP/USD outlook remains range-bound, with……