GBP/USD Price Analysis: Pound Holds Breath Ahead of NFP

USD/JPY outlook remains weak as the dollar tumbles after weaker ADP data. The increasing odds of BoJ rate hikes provide moderate support to the yen. Rising JGB yields and FX intervention warnings weigh on the USD/JPY. The USD/JPY price is attempting to stabilize on Thursday after a sharp fall in the previous session. The pair……

The USD/CAD price analysis shows continued dollar weakness. Trump’s Fed pick has raised speculation about more dovish picks in the future. Market participants are awaiting employment figures from Canada. The USD/CAD price analysis shows continued dollar weakness after Trump’s pick for Fed Governor hinted at more dovishness in the central bank. At the same time,……

EUR/USD weekly forecast stays pressured by soft U.S. data and heightened Fed rate cut expectations amidst easing growth.  The pair holds near 1.1750, with neutral RSI and SMAs indicating consolidation.  A cooling momentum implies limited upside, while a sustained break above 1.1800  may lead to potential gains. The EUR/USD pair traded evenly around 1.1750 last……

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 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……

EUR/USD forecast remains tilted to the upside amid narrowing rate differentials. The short-term view remains consolidating, with focus on German IFO data. Technical forecast is mildly bearish within the current consolidation, supported by 1.1470, with eyes on 1.1590. The EUR/USD forecast remains slightly up on Monday, as renewed odds of a December Fed rate cut……