The GBP/USD outlook shows a rally in the pound as traders await key policy decisions. The dollar fell last week after data revealed an unexpected jump in unemployment claims. The Bank of England has grown more cautious amid high inflation. The GBP/USD outlook shows a rally in the pound as traders await policy decisions in…
The post GBP/USD Outlook: Soars as Traders Brace for Policy Moves appeared first on Forex Crunch.
The AUD faces pressure while the USD reclaims safe-haven demand. The RBA’s cautious monetary stance and diverging Fed policy expectations maintain a downside bias. Traders are looking ahead to the upcoming Initial Jobless Claims and RBA meeting minutes for policy cues. The AUD/USD weekly forecast suggests the pair was weighed down amid cautious market sentiments……
The USD/JPY price analysis shows increasing pressure within the Bank of Japan to hike interest rates. BoJ policymakers Hajime Takata and Naoki were ready to hike interest rates. The dollar continued its recovery after the Fed meeting. The USD/JPY price analysis shows increasing pressure within the Bank of Japan to hike interest rates, which briefly……
The GBP/USD forecast recovered briefly as the dollar weakened. The latest UK retail sales and flash S&P Global PMI boosted the pound, reducing the probability of a rate cut by the BoE. Traders look ahead to the US HPI Y/Y and Consumer Confidence for further impetus. The GBP/USD price halted its six-day losing streak, trading……
The GBP/USD weekly forecast is mildly bearish amid central bank divergence. The Middle East crisis continues to weigh on the pound, adding gains to the US dollar. Market participants set eyes on PMI readings and US GDP and inflation data. The British pound managed to partially recover its losses against the US dollar after the……
The EUR/USD price analysis shows the euro recovering from some of its losses. The euro gained as traders awaited the outcome of a meeting between Trump and Putin. The US PPI increased by 0.9%, beating estimates of 0.2%. The EUR/USD price analysis shows the euro recovering from some of its losses as traders watch peace……
The AUD/USD outlook improves as the RBA is expected to hold rates after hotter inflation data, reducing bets on near-term cuts. The US Dollar weakens on expectations of a Fed rate cut and risks of a government shutdown. The RBA’s decision on Tuesday and the US political standoff set the stage for heightened volatility ahead…….
