EUR/USD price eased as the dollar pulled back after three consecutive days of losses. Resilient Eurozone data pushes ECB to pause the easing cycle for longer.The US Fed is expected to ease in December amid softer macro data. The EUR/USD price eased modestly in Friday’s Asian session, briefly slipping below the 1.1600 level after posting…
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The AUD/USD outlook suggests a rebound in the dollar as market participants look past Fed rate cuts. Market participants were pricing a 92.1% chance of the Fed cutting rates in September. Lower borrowing costs will help revive the weak US economy. The AUD/USD outlook suggests a rebound in the dollar as market participants look past……
Euro weakens amid French political turmoil while dollar’s safe-haven appeal revives. The Euro regained temporary strength after French political conditions eased, but sentiment maintained a bearish bias amid weak Eurozone data and a divided Fed outlook. Traders look forward to the Consumer Price Index and Eurozone Harmonized Index of Consumer Prices for market direction cues. ……
The EUR/USD forecast is strongly bullish despite a mild pullback from YTD highs. A weaker dollar amid dovish Fed expectations keeps the Euro bullish. Markets are eyeing US Q1 GDP and US Core PCE Index data for further impetus. The EUR/USD price is trading slightly lower on Wednesday during the early New York session, after……
The USD/CAD outlook indicates a rallying dollar as markets prepare for Trump’s reciprocal tariffs. The US has only signed trade deals with the UK, China, and Vietnam. Market participants are expecting crucial employment figures from Canada this week. The USD/CAD outlook shows a rallying dollar as markets brace for Trump’s reciprocal tariff deadline. Meanwhile, the……
The USD/CAD forecast indicates a brief rebound in the pair ahead of policy meetings. US retail sales rose by 0.6%, well above the estimate of a 0.2% increase. Data from Canada showed that inflation eased by 0.1%. The USD/CAD forecast indicates a brief rebound in the pair ahead of central bank meetings in Canada and……
EUR/USD price slips below 1.1770, pressured by weaker German IFO data and cautious Fed messaging that bolstered the US Dollar. Fed narrative shifting: Powell remains cautious on cuts, Miran calls for bolder easing, but markets scale back bets on two 2025 rate cuts. The euro outlook remains fragile, with manufacturing weakness and tariff-related pressures offsetting……
