EUR/USD Outlook: Euro Holds Steady as US Shutdown Hopes Lift the Sentiment

The AUD advanced amid surging inflation expectations and a weakening USD. Traders await speeches from Fed Chair Jerome Powell and RBA officials for policy direction.  The pair stays consolidated, with potential movement above 0.6620 or below 0.6560. The AUD/USD forecast remains mildly supported on Thursday amid rising domestic inflation expectations and a waning US dollar…….

The AUD/USD forecast remains mildly supportive amid the RBA’s cautious outlook. Policymakers emphasized a balanced and data-driven approach to future monetary policy in the RBA meeting minutes. Markets await factory orders m/m, the NAHB housing market index, and FOMC commentary for further impetus.  The AUD/USD forecast indicates the pair is in a neutral to slightly……

AUD/USD outlook gains after Fed Chair Jerome Powell’s dovish Jackson Hole remarks boosted rate cut bets for September. RBA remains cautious despite strong labor market data, with investors awaiting minutes and CPI for further policy clues. US Core PCE inflation later this week is the key risk event that could cap upside momentum in AUD/USD…….

The Euro steadies amid lower US yields and easing French political instability, but upside remains limited due to geopolitical risks. Any renewed geopolitical tensions, like the US-China trade frictions, could support the dollar and weigh on the euro. Traders look ahead to the Consumer Price Index and jobless claims for clear policy direction.  The EUR/USD……

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 gold price remains in positive territory as dollar weakness prevails. Geopolitics and potential Fed easing continue to underpin the demand for gold. Markets await the US PCE inflation report for fresh trading opportunities. The gold price held steady during the early European session on Friday, as the market tone remained cautious ahead of the……