The GBP/USD outlook suggests growing concerns about the UK’s fiscal health. The UK government made a U-turn on welfare reforms. Data in the previous session revealed that the US private sector lost 33,000 jobs in June. The GBP/USD outlook suggests growing concerns about the UK’s fiscal health, which have weighed on the pound. At the…
The post GBP/USD Outlook: Ticking Down Amid UK Fiscal Concerns, NFP appeared first on Forex Crunch.
The AUD/USD outlook points to further weakness in Australia’s labor market. Australia’s economy lost 5,400 jobs compared to the forecast of an addition of 21,200. The dollar gained after the Fed cut rates as expected on Wednesday. The AUD/USD outlook points to further weakness in Australia’s labor market that could increase pressure on the RBA……
The AUD/USD price analysis shows rising RBA rate cuts after downbeat inflation figures. Australia’s inflation increased by 1.9% annually, compared to the forecast of 2.1%. Traders remain cautious ahead of the FOMC meeting. The AUD/USD price analysis shows a rise in RBA rate cut odds after downbeat inflation figures from Australia. Meanwhile, market participants are……
The AUD advanced amid surging inflation expectations and a weakening USD. Traders await speeches from Fed Chair Jerome Powell and RBA officials for policy direction. The pair stays consolidated, with potential movement above 0.6620 or below 0.6560. The AUD/USD forecast remains mildly supported on Thursday amid rising domestic inflation expectations and a waning US dollar…….
The EUR/USD weekly forecast is slightly subdued amid risk aversion. A hawkish Fed and Middle East conflict continue to weigh on risk assets. Tariff concerns are mounting as the July 9 deadline looms large. The EUR/USD weekly forecast remains mildly subdued as the week closed with a slight negative change. The US dollar maintained its……
The GBP/USD outlook shows a solid rebound in the UK economy. Data on Thursday revealed that the UK economy expanded by 0.4%. Top US government officials are calling for a big rate cut. The GBP/USD outlook shows a solid rebound in the UK economy that has lowered BoE rate cut bets and boosted the pound…….
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……
