The GBP/USD outlook remains mildly subdued amid concerns over the UK’s fiscal situation, as it awaits the release of US data. The pound sterling slipped lower as the UK government decided to drop the income tax rate hikes. The Empire State Manufacturing Index and commentary from FOMC and MPC officials will reveal further policy cues. …
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The EUR/USD price turns its head to 1.2000 as the US dollar weakens. Trump’s criticism of the Fed and shifting rate cut expectations weigh on the dollar. The looming tariff deadline and dovish Fed may push the euro further up. The EUR/USD price extends its winning streak to a sixth consecutive session on Thursday, surging……
The GBP/USD outlook suggests the Bank of England may be nearing a pause. Nearly half of the BoE policymakers were ready to keep rates unchanged. US claims rose to 226,000, beating the forecast of 221,000. The GBP/USD outlook suggests the Bank of England could be nearing the end of its current easing cycle. As a……
AUD/USD price remains positive amid improved risk tone. China’s upbeat data and trade optimism lend support to the Aussie. Australian PM’s visit to the US could further support Australian economy. The AUD/USD picked momentum on Monday, extending upside for the second consecutive session as the US-China trade sentiment improves while Chinese economy further boosted the……
The EUR/USD outlook is positive amid a hawkish ECB and a weaker dollar. Tariff concerns and downbeat US CPI continue to weigh on the dollar. Trade talks and US PPI remain the limelight events for now. The EUR/USD outlook stays strongly bullish as the pair breaks multi-month highs, nearing 1.1600 during the European session. The……
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/CAD weekly forecast points to increasing economic concerns in Canada. Canada was one of the unlucky countries to fail to sign a trade deal with the US. Data revealed weak US job growth in July. The USD/CAD weekly forecast points to increasing economic concerns in Canada after Trump imposed higher tariffs. Ups and downs……
