The GBP/USD price analysis leans to the upside, driven by upbeat UK Q2 GDP and the US government shutdown. Softer JOLTS data weakened the dollar, revealing a cooling labor market. All eyes are now on the US ADP and ISM PMI data due today. The GBP/USD price analysis shows a mildly bullish scenario as the…
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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 GBP/USD price analysis shows declining expectations for Bank of England rate cuts. Pay growth in the UK slowed in the three months to May. US retail sales increased by 0.6% in June. The GBP/USD price analysis shows declining expectations for Bank of England rate cuts. A hotter-than-expected inflation reading and better-than-expected employment figures have……
Gold forecast remains firm under the 2-week highs amid a weaker dollar. Fed rate cut odds continue to support the bullish bias for gold. Institutional demand keeps the gold aiming for $4,900 in 2026. Gold forecast remains stable on Thursday after profit-taking hit near two-week highs in the previous session. The price is now hovering……
The EUR/USD outlook shows limited upside amid the declining risk momentum and renewed dollar demand. ECB VP Luis de Guindos remains satisfied with current interest rates and signals no urgency for near-term changes. Traders await the US preliminary UoM reports and commentary from President Nagel and FOMC Jefferson for further policy cues. The EUR/USD outlook……
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……
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……
