Gold price posts solid gains on Monday as dollar remains broadly softer after dovish Fed. Markets anticipate further easing that could lower the yields and benefit the gold. Investors are now eying delayed US NFP and CPI data, along with major central bank decisions to reposition. Gold prices started the week on a firm footing,…
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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 forecast indicates slight selling pressure amid reduced expectations for a December Fed cut. Despite disruptions from Trump’s tariff policies, the euro’s slow but steady growth fails to lift the euro. Traders await EU economic forecasts, the Empire State Manufacturing Index, and commentary from FOMC officials for further impetus. The EUR/USD pair shows a……
The GBP/USD forecast shows the pair stabilized under 1.1350 amid the diverging policy decisions by the Fed and BoE. The UK inflation data, fiscal concerns, and softer retail sales data weigh the pound. Traders await commentary from FOMC Members Hammock, Logan, and Bostic for further policy cues. The GBP/USD forecast shows a steady movement, trading……
The AUD/USD price analysis shows rising RBA rate cuts after downbeat inflation figures. Australia’s inflation increased by 1.9% annually, compared to the forecast of 2.1%. Traders remain cautious ahead of the FOMC meeting. The AUD/USD price analysis shows a rise in RBA rate cut odds after downbeat inflation figures from Australia. Meanwhile, market participants are……
GBP outlook stays pressured as investors turn to the US dollar for its safe-haven appeal. Traders look forward to BoE’s Huw Pill’s speech and FOMC minutes to gauge direction. Technically, the pair signals a bearish trend and trades around 1.3400. The GBP/USD outlook shows bearish bias, trading around 1.3400 since investors have fled to the……
EUR/USD price remains flat after falling from daily highs. The removal of Fed Governor Cook created chaos in the market. The imposition of US digital taxes can initiate another trade war between the EU and the US. The EUR/USD price remains flat near 1.1630, at the time of writing, during the early European session. The……
