The pound sterling holds a bearish bias as the dollar benefits from its renewed safe-haven demand. Analysts suspect the Pound could revive its bullish momentum if the US CPI data turns out softer. Traders look forward to the US CPI and comments from President Trump for further policy cues. The GBP/USD outlook shows the pair……
Gold witnessed a significant pullback as the dollar strengthened amid the global developments. In the long run, gold maintains its uptrend amid persistent geopolitical uncertainty and central bank purchases. Traders await the key US CPI releases for further policy cues. The gold forecast remains mildly subdued after witnessing a sharp retreat, trading around the $4,060……
The pound sterling remains weak amid expectations of a rate cut by the BoE. The dollar maintains stability and its safe-haven appeal amid sticky inflation. Traders look forward to remarks by FOMC members Bowman and Barr for further policy direction. The GBP/USD forecast reflects a mixed scenario on Thursday, with the pound under pressure by……
The euro remains steady amid signs of resilient growth and the ECB’s policy guidance. The USD strengthens amid expectations of two additional rate cuts by year-end. Traders await comments from FOMC members Bowman and Barr for further policy and economic directions. The EUR/USD outlook shows the pair under pressure, maintaining a cautious market sentiment amid……
The ongoing US geopolitical risks limit the dollar’s upside. The euro displays resilience against rising fiscal concerns and weak trade performance. Traders look forward to comments from ECB Lagarde for insights into monetary policy. The EUR/USD forecast shows downside momentum as the pair hovers below 1.1600, maintaining steady momentum as the US Dollar Index (DXY)……
The GBP/USD struggles after softer-than-expected inflation data and growing fiscal concerns. The US dollar holds firm, maintaining a cautious market sentiment amid the persistent US government shutdown. Traders look ahead to comments from FOMC Waller, the API report, and crude oil inventories for further policy and monetary direction. The GBP/USD outlook remains pressured, trading below……
The USD/CAD pair maintains a bullish bias amid weak oil prices and heightened expectations of rate cuts by the Bank of Canada. This week’s upcoming Canadian CPI release could boost the CAD if the data exceeds the forecast. Traders look forward to the Canadian CPI and FOMC’s Waller’s comments for further policy cues. The USD/CAD……
The ongoing geopolitical tensions, like the US-China trade tensions and the war between Russia and Ukraine, lend support to gold. The pullback seems short-term amid a stronger US dollar as expectations of Fed easing continue to enhance gold’s safe-haven appeal. Traders look forward to FOMC’s Waller speech for further policy cues. The gold outlook indicates……
USD/CAD outlook stays steady above 1.4000 level amid dollar’s safe-haven demand. Relieved fears of trade war provide mild support to the greenback. Subdued oil prices weigh on the CAD, keeping the USD/CAD supported. The USD/CAD outlook remains steady as the greenback remains firm against the Canadian dollar in the last few sessions. The pair has……
AUD/USD price remains positive amid improved risk tone. China’s upbeat data and trade optimism lend support to the Aussie. Australian PM’s visit to the US could further support Australian economy. The AUD/USD picked momentum on Monday, extending upside for the second consecutive session as the US-China trade sentiment improves while Chinese economy further boosted the……
