The GBP/USD price analysis suggests a longer delay in Bank of England rate cuts. Inflation in the UK accelerated from 3.6% to 3.8%. Traders are awaiting the FOMC minutes. The GBP/USD price analysis suggests a longer delay in Bank of England rate cuts as UK inflation remains high. As a result, the pound recovered from…
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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 USD/JPY outlook shows fluctuations in the yen after the Bank of Japan policy meeting. The Bank of Japan was more upbeat about the outlook for Japan’s economy than expected. US data revealed strong private employment and GDP growth. The USD/JPY outlook turns slightly bearish after the Bank of Japan policy meeting that revealed a……
USD/JPY outlook remains weak on Tuesday, driven by FX intervention warnings. Stimulus package and Tokyo’s verbal warnings keep the USD/JPY in a delicate balance. Markets eye US PPI data that could provide fresh insight for Fed’s rate cut in December. The USD/JPY outlook edged lower on Tuesday as the Japanese yen regained some strength amid……
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 AUD/USD weekly forecast indicates some bearish sentiment. Risk sentiment was poor following the passage of Trump’s tax-cut bill through the US Senate. The US economy added 147,000 jobs in June, above the forecast of 111,000. The AUD/USD weekly forecast indicates some bearish sentiment as market participants prepare for an RBA rate cut. Ups and……
The AUD/USD forecast indicates a surge in RBA rate cut bets. Australia’s economy added only 2,000 jobs, compared to the forecast of 21,000. Reports revealed that Trump was planning to fire Powell. The AUD/USD forecast indicates a surge in RBA rate cut bets after a downbeat jobs report from Australia. Meanwhile, in the US, tensions……
