The GBP/USD price tested 2-week lows under 1.3400 after the Fed meeting minutes. The UK economic data shows resilience, but the inflation concerns remain worrying. All eyes are now on Powell’s speech at the Jackson Hole Symposium GBP/USD price dipped to a two-week low under 1.3400 on Friday as the Greenback gained strength after the…
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The AUD/USD outlook shows the pair recovering some losses after RBA’s Bullock left cautious comments. As widely anticipated, the RBA kept the cash rates unchanged at 3.6% on Tuesday. Traders await FOMC Bowman’s commentary for further policy direction. The AUD/USD outlook remains weak, trading near 0.6520 after a brief recovery amid the Reserve Bank of……
The EUR/USD price turns its head to 1.2000 as the US dollar weakens. Trump’s criticism of the Fed and shifting rate cut expectations weigh on the dollar. The looming tariff deadline and dovish Fed may push the euro further up. The EUR/USD price extends its winning streak to a sixth consecutive session on Thursday, surging……
The USD/CAD outlook suggests growing concerns about the US labor market. Private employment in the US increased by 54,000 in August. The Fed will likely be more dovish than the Bank of Canada in the future. The USD/CAD outlook suggests growing concerns about the US labor market, which is driving up expectations for a Fed……
The USD/JPY price analysis indicates rising demand for the safe-haven yen. Uncertainty over trade deals dampened risk appetite. Goldman Sachs believes the Fed will deliver three 25-bps rate cuts this year. The USD/JPY price analysis indicates rising demand for the safe-haven yen amid fiscal and trade uncertainty. At the same time, the dollar weakened due……
GBP/USD forecast remains supported by sticky UK inflation and steady BoE stance. Dollar’s advance stalls as US data blackout clouds rate outlook. Markets see October Fed cut as certain, while December cut remains uncertain. The GBP/USD forecast stays firm this week as the US dollar faces receding momentum amid a delay in key economic releases……
The EUR/USD weekly forecast remains upside, staying above 1.1700. The weaker US dollar lends more support to the euro amid the Fed’s policy outlook and poor economic data. Markets are now eyeing US ADP and NFP data along with the Fed Chair’s speech. The EUR/USD price ended the month with a solid bullish momentum, closing……
