GBP/USD Forecast: Pound Digesting Weak Inflation, Greenback Up

The AUD advanced amid surging inflation expectations and a weakening USD. Traders await speeches from Fed Chair Jerome Powell and RBA officials for policy direction.  The pair stays consolidated, with potential movement above 0.6620 or below 0.6560. The AUD/USD forecast remains mildly supported on Thursday amid rising domestic inflation expectations and a waning US dollar…….

GBP/USD forecast turns up, testing 1.3500 as weak US labor data and the government shutdown pressure the dollar. The BoE is cautious on policy, with Deputy Governor Breeden warning that inflation risks could fall below the target. Fed cuts priced in, but Treasuries’ safe-haven appeal may limit sustained dollar downside. The GBP/USD forecast tilts higher……

The USD/JPY forecast shows a rebound as the dollar gains on trade optimism. The US economy lost 33,000 private jobs in June. Economists expect 120,000 new US jobs, a slowdown from the previous month. The USD/JPY forecast shows a rebound as the dollar gains on trade optimism. However, downbeat employment figures in the previous session……

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 GBP/USD outlook is extremely bullish after the dollar loses further due to Trump’s criticism of the Fed. Iran-Israel ceasefire continues to underpin the global risk sentiment. Markets are now eyeing the Q1 GDP and Core PCE Index data from the US. The British pound extended its bullish momentum for the fourth consecutive session on……

The USD/CAD weekly forecast indicates likely pauses from the Fed and BoC. The dollar collapsed against most of its peers amid optimism about trade deals. Data revealed that US unemployment claims fell for the second week. The USD/CAD weekly forecast indicates that traders are gearing up for a pause by the Fed and the Bank……