The EUR/USD weekly forecast indicates a bullish bias, with the dollar under pressure amid growing economic concerns. The probability of a December Fed cut reduced from 70% to 50% by Friday due to market caution and lack of visibility into economic data. Traders look forward to the FOMC Minutes, NFP, and PMIs for fresh impetus. …
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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……
USD/JPY outlook remains fragile after declining from the 10-month top near 158.00. The yen surges on intervention fears despite Japan’s downbeat data. Dollar remains firm after NFP surprise, awaits US PMI data ahead. The USD/JPY outlook remains fragile on Friday, trading below the 158.00 mark after correcting from its 10-month high. The markets are bracing……
The USD/JPY outlook indicates that focus has shifted from tariffs to upcoming central bank policy meetings. US business activity data was mixed. Traders expect Powell to maintain his cautious tone. The USD/JPY outlook indicates a shift in sentiment as the market’s focus shifts from tariffs to upcoming central bank policy meetings. The dollar recovered, while……
The GBP/USD price analysis suggests an almost absolute chance that the Fed will cut rates in September. Data on Tuesday revealed that the US CPI increased by 0.2% as expected. Trump threatened a lawsuit against Powell for poor management of renovations. The GBP/USD price analysis suggests an almost absolute chance that the Fed will cut……
The EUR/USD outlook reflects range-bound momentum, backed by a resilient euro but limited by USD strength. The ECB navigates a divided stance among policymakers about the timing of easing, as sticky inflation limits the chances of early rate cuts. Traders look ahead to the US manufacturing PMI and manufacturing prices for directional bias. The EUR/USD……
The AUD/USD outlook shows the pair edging lower amid a firm greenback. Deputy Gov. Hauser and Assistant Gov. Jones maintained a cautious RBA policy stance. Traders await commentary from FOMC officials for further policy cues. The AUD/USD outlook shows a slight bearish momentum, as it trades near 0.6535, consolidating amid a lifted US dollar and……
