Gold forecast edged higher as the dollar lost traction amid rising bets on Fed easing in December. US PPI and Consumer Confidence data showed softness, adding more to the gold bulls. Markets await key US data and Fed commentary to find more clues about gold’s directional bias. The gold forecast has turned higher as the…
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The USD/CAD weekly forecast shows optimism about US-Canada trade talks. Demand for the dollar fell after the US Senate passed Trump’s controversial bill. The pair recovered slightly at the end of the week after upbeat US employment numbers. The USD/CAD weekly forecast shows optimism regarding progress in trade negotiations between Canada and the US. Ups……
The EUR/USD forecast is strongly bullish despite a mild pullback from YTD highs. A weaker dollar amid dovish Fed expectations keeps the Euro bullish. Markets are eyeing US Q1 GDP and US Core PCE Index data for further impetus. The EUR/USD price is trading slightly lower on Wednesday during the early New York session, after……
GBP/USD outlook remains trapped amid rate cut odds in both the UK and the US. Weakening US data intensifies the odds of the US Fed easing next week. Any signs of recovery in the US economy while heading into 2026 could limit the sterling gains. The GBP/USD price remained trapped on Thursday between fading UK……
The EUR/USD forecast remains bullish as the dollar weakened further following the release of dismal ADP and Services PMI data. The ECB’s neutral monetary policy diverges from easing Fed support, with EUR/USD poised for upside. Markets await the US Jobless Claims and PCE inflation report data ahead. The EUR/USD forecast edges higher as the US……
The USD/JPY outlook suggests some strength in the yen after Friday’s slightly hawkish BoJ policy meeting. Japan has to choose a new prime minister on October 4th. Traders will watch Fed policymakers’ remarks for more clues on rate cuts. The USD/JPY outlook suggests some strength in the yen after Friday’s slightly hawkish Bank of Japan……
AUD/USD price falls to a three-week low on Friday. US GDP was revised higher to 3.8% and jobless claims fell to 218K. Traders await U.S. core PCE inflation data for fresh direction. The AUD/USD price fell to 3-week lows on Thursday, pressured by a resurgent US dollar after a raft of stronger-than-expected data. The US……
