GBP/USD Weekly Forecast: On the Back Foot as BoE Cut Nears

The USD/JPY forecast shows a resilient yen despite a shift in Japan’s political landscape. Japan’s ruling party lost the election on Sunday. If there is no trade deal by August 1, Japan might face a 25% tariff on its goods. The USD/JPY forecast shows a resilient yen despite a shift in Japan’s political landscape. The……

Gold stays intact above $4,100 amid anticipated Fed easing and ongoing geopolitical risks.  US-China trade frictions enhance gold’s “buy-on-dips” appeal.  Traders look ahead to Fed Powell’s speech and the upcoming CPI and PPI figures for further policy cues.  The gold outlook shows a retreat from the intraday peak around the $4,179-4,180 level, after investors booked……

The USD/JPY forecast shows a decline in expectations for Fed rate cuts. The annual US CPI accelerated from 2.4% to 2.7%. Trump has threatened to impose a 25% tariff on Japan. The USD/JPY forecast indicates a decline in Fed rate cut expectations, which has dashed hopes of a narrowing rate gap between the US and……

The Euro steadies amid lower US yields and easing French political instability, but upside remains limited due to geopolitical risks. Any renewed geopolitical tensions, like the US-China trade frictions, could support the dollar and weigh on the euro. Traders look ahead to the Consumer Price Index and jobless claims for clear policy direction.  The EUR/USD……

The AUD/USD price analysis points to further RBA rate cuts as inflation and growth in Australia slow. Market participants are pricing a 34% chance of an RBA cut in September. Traders remain cautious ahead of the US CPI report. The AUD/USD price analysis points to further RBA rate cuts as inflation and growth in Australia……

The USD/CAD outlook points to dollar strength ahead of the US consumer inflation report. Market participants are eagerly awaiting the US CPI report. Data on Wednesday revealed that US wholesale inflation eased by 0.1%. The USD/CAD outlook points to dollar strength ahead of the US consumer inflation report. The dollar regained some of its shine……