GBP/USD Forecast: Holds Firm at 1.3500 After Fed’s Dovish Tilt

The GBP/USD weekly forecast remains mildly bullish as the US dollar weakens on a continued US government shutdown.  The central bank is likely to move towards further easing, while the Fed stays data-dependent.  Traders await GBP manufacturing and average earnings reports, along with the US consumer price index and retail sales the next week.  The……

EUR/USD price analysis suggests a sluggish move dominated by short-term US yields. French political chaos offsets the positive economic factors in the Eurozone in the near term. Markets remain sidelined as the key Fed decision looms this week. The EUR/USD pair trades with a softer tone as short-term US yields dominate market sentiment, overshadowing the……

Gold outlook remains bullish, standing above the key $3,870 level. Risk flows due to the US government shutdown, weaker labor data, and the Russia-Ukraine crisis push gold up. Markets await the US ADP and ISM Manufacturing PMI for more impetus. Gold prices are holding near the record high levels of $3,875 during the early European……

The AUD/USD price analysis points to further RBA rate cuts as inflation and growth in Australia slow. Market participants are pricing a 34% chance of an RBA cut in September. Traders remain cautious ahead of the US CPI report. The AUD/USD price analysis points to further RBA rate cuts as inflation and growth in Australia……

The euro maintains a steady position as the greenback weighed down ahead of dovish Fed cut bets.  The softer-than-expected US inflation data reignites hopes for a Fed rate cut this week.  Markets face a delay in key economic releases amid the ongoing US government shutdown.  The EUR/USD outlook holds steady at around the 1.600 level,……

Gold stays intact above $4,100 amid anticipated Fed easing and ongoing geopolitical risks.  US-China trade frictions enhance gold’s “buy-on-dips” appeal.  Traders look ahead to Fed Powell’s speech and the upcoming CPI and PPI figures for further policy cues.  The gold outlook shows a retreat from the intraday peak around the $4,179-4,180 level, after investors booked……