EUR/USD Outlook Sinks as US-EU Trade Deal Sparks Capital Flight

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 USD/JPY weekly forecast suggests growing pressure for rate hikes in the BOJ. The dollar and Treasury yields recovered during the week after the Fed cut rates by 25-bps. The Bank of Japan held interest rates as expected. The USD/JPY weekly forecast tilts to the downside as the internal pressure grows in the Bank of……

The EUR/USD outlook shows steady Eurozone consumer inflation expectations.  Consumers expect Eurozone inflation to average 2.6% in the next year.  The preliminary US GDP revealed a 3.3% expansion, bigger than the forecast of 3.1%. The EUR/USD outlook shows the euro recovering after an ECB survey revealed steady consumer inflation expectations. However, the currency pulled back……

The EUR/USD forecast shows the euro steady ahead of the European Central Bank meeting. Market participants expect the ECB to keep interest rates unchanged. The European Union is nearing a trade deal with the US. The EUR/USD forecast indicates that the euro remains steady ahead of the European Central Bank meeting. Meanwhile, business activity data……

The GBP/USD softened as the dollar strengthened later this week, driven by major US and UK data releases.  Traders price in a 25 basis point cut by the Bank of England by year-end. Traders await the FOMC rate decision and Powell’s commentary next week.  The GBP/USD weekly forecast remains subdued as the pair consolidates near……

The EUR/USD outlook points to improved sentiment in the Eurozone. Trump announced that he would impose a 30% tariff on Eurozone goods. Traders are keeping an eye on the US CPI report. The EUR/USD outlook points to improved sentiment in the Eurozone after Trump said he was willing to negotiate a trade deal. As a……