The pound sterling holds a bearish bias as the dollar benefits from its renewed safe-haven demand. Analysts suspect the Pound could revive its bullish momentum if the US CPI data turns out softer. Traders look forward to the US CPI and comments from President Trump for further policy cues. The GBP/USD outlook shows the pair…
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AUD/USD price falls to a three-week low on Friday. US GDP was revised higher to 3.8% and jobless claims fell to 218K. Traders await U.S. core PCE inflation data for fresh direction. The AUD/USD price fell to 3-week lows on Thursday, pressured by a resurgent US dollar after a raft of stronger-than-expected data. The US……
The USD/CAD weekly forecast shows a fragile Canadian dollar. US consumer inflation came in slightly softer than expected. The Canadian dollar has remained fragile since Trump imposed higher tariffs on Canada. The USD/CAD weekly forecast shows a fragile Canadian dollar as tariffs reshape the outlook for the economy. Ups and downs of USD/CAD The USD/CAD……
Euro weakens amid French political turmoil while dollar’s safe-haven appeal revives. The Euro regained temporary strength after French political conditions eased, but sentiment maintained a bearish bias amid weak Eurozone data and a divided Fed outlook. Traders look forward to the Consumer Price Index and Eurozone Harmonized Index of Consumer Prices for market direction cues. ……
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……
The EUR/USD forecast shows a slight rebound towards 1.1510 amid a slightly subdued dollar. Germany’s industrial growth boosted the euro, offsetting the dollar’s support from US ADP data. Traders await the EUR retail sales and commentary from FOMC Members Barr, Williams, and Hammock for further policy cues. The EUR/USD forecast shows the pair slightly edged……
The EUR/USD weekly forecast has turned bullish after the Fed Chair left dovish remarks regarding rate cuts. Positive Eurozone PMIs limited the downside for the Euro. Markets eye macro releases from both the Eurozone and the US next week. The euro ended the week with a flurry of buying, with EUR/USD breaking through the 1.1700……
