GBP/USD Forecast: Pound Eases as Traders Anticipate BoE Cut Next Week

The USD/JPY price analysis indicates optimism following reports of a trade deal between the US and Japan. Japan will invest $550 billion in the US. Japan’s PM Shigeru Ishiba might resign next month. The USD/JPY price analysis indicates optimism following reports of a trade deal between the US and Japan, which has boosted the yen…….

Gold forecast intact as safe-haven appeal remains unabated amid Fed easing and the ongoing US government shutdown.  The US-China trade frictions and the Russia-Ukraine war remain key risk factors, adding more to bullion’s safe-haven appeal. Traders anticipate the Consumer Price Index for a clear view of the US economic affairs and Fed rate cuts.  The……

USD/JPY outlook remains weak on Tuesday, driven by FX intervention warnings. Stimulus package and Tokyo’s verbal warnings keep the USD/JPY in a delicate balance. Markets eye US PPI data that could provide fresh insight for Fed’s rate cut in December. The USD/JPY outlook edged lower on Tuesday as the Japanese yen regained some strength amid……

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……

The USD/CAD forecast shows intense pressure on the Canadian dollar ahead of the tariff deadline. Canada could face tariffs of 35% if there is no trade deal soon. Traders are expecting both the Fed and the BoC to pause. The USD/CAD forecast shows intense pressure on the Canadian dollar as the August 1 tariff deadline……

The EUR/USD outlook turns negative as the Eurozone is hit by the US-EU trade deal. European leaders voice opposition against the deal amid fear of economic backlash. The US dollar sees increased demand as the Fed may hold rates steady for longer. The EUR/USD outlook weakened as the pair continued its decline on Tuesday, following……