GBP/USD Price Holds Above 1.3100 as Markets Brace for UK Autumn Budget

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,……

EUR/USD forecast remains mildly bullish amid weaker dollar.  Fed’s rate cut probability in September is 94% amid weaker economic outlook.  Weaker US jobs data and geopolitical optimism continues to support euro.  The EUR/USD forecast remains slightly bullish, staying around mid-1.1600, supported by weakening US economic indicators and unresolved political uncertainty in Washington. However, the pair……

The EUR/USD weekly forecast shows a rebound in the dollar. The greenback fell in anticipation of a rate cut by the Fed. Powell noted that employment risks had increased. The EUR/USD weekly forecast shows weakness as the US dollar recovers ground after the Fed’s rate cut, as the impact has already been priced. Ups and……

The USD/CAD forecast indicates a brief rebound in the pair ahead of policy meetings. US retail sales rose by 0.6%, well above the estimate of a 0.2% increase. Data from Canada showed that inflation eased by 0.1%. The USD/CAD forecast indicates a brief rebound in the pair ahead of central bank meetings in Canada and……

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……

EUR/USD held a narrow range amid conflicting ECB and Fed expectations. The dollar found support from strong US data and tariff-driven safe-haven flows.  Next week’s ECB meeting and Eurozone PMIs will be key catalysts. The EUR/USD pair traded defensively, hovering around the 1.1600 mark. Early strength in the euro faded mid-week as traders re-evaluated the……