GBP/USD price analysis remains subdued after easing UK CPI data. The pound remains vulnerable amid the Fed’s cautiousness and the BoE’s higher odds of a rate cut. Focus remains on the UK Autumn budget as fiscal concerns mount. The GBP/USD price analysis reveals a subdued picture on Wednesday despite UK inflation easing in line with…
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The USD/CAD outlook indicates a slight rebound in the dollar. All eyes are now on the looming August 1 tariff deadline. The European Union is planning a tariff retaliation. The USD/CAD outlook suggests a slight rebound for the dollar as traders await updates on tariffs. The greenback fell on Monday amid uncertainty about ongoing trade……
Gold forecast shows a slight bearish bias amid renewed investor confidence and optimism around the US shutdown. The non-yielding gold remains supported by expectations of Fed easing and US economic worries. Traders await commentary from FOMC officials for further impetus regarding Fed easing. Gold forecast shows a short-term bearish pullback, as it trades near $4,115……
The GBP/USD forecast reveals weakness amid the UK fiscal uncertainty. The US dollar edged up as Chair Powell came up with a cautious tone for a December cut. Traders await the BoE interest rate decision and US NFP data next week. The GBP/USD weekly forecast reflects a persistent bearish bias, closing the week at 1.3140…….
The AUD/USD forecast indicates caution at the start of the week. Economists believe RBA officials will cut rates by 25-bps. US headline inflation might accelerate from 2.7% to 2.8%. The AUD/USD forecast indicates caution at the start of the week as market participants gear up for the RBA meeting and crucial US inflation numbers. At……
The EUR/USD outlook points to improved sentiment in the Eurozone. Trump announced that he would impose a 30% tariff on Eurozone goods. Traders are keeping an eye on the US CPI report. The EUR/USD outlook points to improved sentiment in the Eurozone after Trump said he was willing to negotiate a trade deal. As a……
The EUR/USD outlook shows the euro extending Friday’s gains. Fed’s Chris Waller said he was okay with a July rate cut. Traders are expecting the ECB to pause this week. The EUR/USD outlook indicates that the euro is likely to extend its gains from Friday, as the dollar pauses its rally. The decline came after……
