GBP/USD Outlook: Sterling Steady as Traders Eye Tariff Talks

The gold outlook exhibits an upside bias amid a weak US economic situation, which has bolstered gold’s safe-haven appeal.  Declined Fed cut bets, US economic concerns, and potential slow GDP growth limit the downside of the yellow metal.  Traders look forward to FOMC Schmid’s speech for further policy direction.  The gold outlook exhibits bullish momentum,……

The EUR/USD weekly forecast points to a higher likelihood of a September Fed rate cut. The US CPI increased by 2.7% annually. US wholesale inflation was much hotter than expected in July. The EUR/USD weekly forecast points to a higher likelihood of a September Fed rate cut that is weighing on the dollar. Ups and……

The GBP/USD outlook suggests mounting worries about the UK’s fiscal health. The UK public sector borrowed 83.8 billion pounds between April and August. The Bank of England kept interest rates on hold in the previous session. The GBP/USD outlook suggests mounting worries about the UK’s fiscal health after data revealed a bigger-than-expected surge in public……

Gold forecast remains bullish above the $4,200 mark, supported by several macro variables. December Fed easing and geopolitics keep safe-haven flows to gold. Technically, the price looks to test the swing high near $4,300 ahead of all-time highs at $4,380. Gold price stays supported near the $4,200 level despite bouts of volatility. The metal surged……

EUR/USD steadies near 1.1740 after a sharp midweek drop. Dollar strength stems from firmer U.S. data and cautious Fed guidance. Markets await the release of US GDP and PCE inflation data to confirm the Fed’s next steps. The EUR/USD forecast tilts to the downside as the price saw a 0.6% decline on Wednesday, primarily driven……

The EUR/USD weekly forecast remains upside, staying above 1.1700.  The weaker US dollar lends more support to the euro amid the Fed’s policy outlook and poor economic data.  Markets are now eyeing US ADP and NFP data along with the Fed Chair’s speech.  The EUR/USD price ended the month with a solid bullish momentum, closing……