EUR/USD Price Analysis: Ranging Under 1.16 Amid Broad Cautious Sentiment

The EUR/USD weekly forecast points to a higher likelihood of a September Fed rate cut. The US CPI increased by 2.7% annually. US wholesale inflation was much hotter than expected in July. The EUR/USD weekly forecast points to a higher likelihood of a September Fed rate cut that is weighing on the dollar. Ups and……

The USD/JPY price analysis indicates resilience in the yen. Japan’s Ishiba said he would remain the Prime Minister despite losing the majority of seats in the Upper House. Trump has threatened a 25% tariff on Japan starting August 1. The USD/JPY price analysis indicates resilience in the yen after Prime Minister Shigeru Ishiba announced he……

The AUD/USD forecast remains subdued amid Middle East chaos.  US attacks on Iran provoked Iran to choke Hormuz Strait, deteriorating the risk sentiment.  Mixed Aussie data may not prevent RBA to cut further.  The AUD/USD forecast slipped as the pair started the week under pressure, posting fresh five-week lows near 0.6400 as geopolitical tensions weighed……

UK GDP indicates modest growth, while dovish Fed expectations weakened the dollar. Geopolitical risks like US-China trade frictions and French political uncertainty keep sentiment cautious.  Traders look forward to FOMC Waller’s speech and the Philly Fed manufacturing index for further impetus. The GBP/USD forecast indicates the price stays above the 1.3400 level, backed by mixed……

The AUD/USD forecast appears neutral after the dismal Chinese data. Australian employment data revealing weakness puts RBA in doubts about keeping tighter monetary policy. The markets await US NFP data due on Tuesday for further impetus. The AUD/USD price opened the week slightly lower, trading near mid-0.6600 in Asian hours on Monday as weak Chinese……

The AUD/USD forecast shows a rebound in the Australian dollar after the RBA governor’s speech. RBA’s Bullock said that Australia’s economy was in a good place. The dollar was steady as traders looked forward to Fed speeches this week. The AUD/USD forecast shows a rebound in the Australian dollar after RBA governor Bullock said the……