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…
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The EUR/USD price analysis shows the euro recovering from some of its losses. The euro gained as traders awaited the outcome of a meeting between Trump and Putin. The US PPI increased by 0.9%, beating estimates of 0.2%. The EUR/USD price analysis shows the euro recovering from some of its losses as traders watch peace……
The GBP/USD forecast indicates an increasing likelihood of a Fed rate cut in September. Traders are only pricing a 40% chance of another Bank of England rate cut this year. Wholesale inflation in the UK hit a two-year high of 1.9%. The GBP/USD forecast indicates an increasing likelihood of a Fed rate cut in September,……
The EUR/USD outlook remains mildly supported amid a weaker dollar. The Dollar Index remains steady after losses as the US yields rise on Tuesday. Markets anticipate the US ADP and IS Services PMI data due this week. The EUR/USD price remains flat near 1.1610 on Tuesday’s European session, after reaching a 2-week top near 1.1650……
The USD/CAD outlook indicates a rebound in the Canadian dollar. Canada’s economy lost 65,500 jobs, compared to expectations of 4,900 new jobs. The greenback was also pressured by data showing only 22,000 new jobs in the US. The USD/CAD outlook indicates a rebound in the Canadian dollar after a poor employment report led to a……
The GBP/USD price analysis shows a rebound in the dollar. US data revealed another week of declining unemployment claims. Data revealed a mixed performance for US business activity. The GBP/USD price analysis shows a rebound in the dollar as employment figures further lowered expectations for Fed rate cuts. At the same time, market focus turned……
The AUD/USD weekly forecast remains cautious as investors balance stronger US dollar demand against firmer Australian inflation data. The Australian CPI exceeded expectations, declining expectations for further RBA easing. Traders anticipate commentary from Fed officials, RBA policy decisions, and nonfarm payrolls for more impetus. The AUD/USD weekly forecast remains subdued, as the pair trades near……
