The GBP/USD price analysis leans to the upside, driven by upbeat UK Q2 GDP and the US government shutdown. Softer JOLTS data weakened the dollar, revealing a cooling labor market. All eyes are now on the US ADP and ISM PMI data due today. The GBP/USD price analysis shows a mildly bullish scenario as the……
The USD/CAD outlook remains slightly negative despite a looming BOC rate cut. The US government shutdown poses a significant risk for dollar depreciation. Markets now closely watch the JOLTS job openings report, along with the Fed’s speech, for further guidance. The USD/CAD outlook remains steady above 1.3900 on Tuesday, following a softer start to the……
The USD/JPY forecast remains bearish as the BOJ tilts closer to a rate hike. The risk of a US government shutdown and higher JGB yields support the bearish narrative in USD/JPY. Markets are now watching the JOLTS job opening data, along with key speeches, for further impetus. The Japanese yen gained solid ground on Tuesday,……
Gold forecast broke above $3,800 amid US shutdown risks and a weaker dollar. Fed rate cut bets remain firm, with markets pricing in easing in October and December. Haven demand, ETF inflows, and central bank buying maintain an upside bias. Gold prices marked fresh record highs above $3,800 at the start of the week, supported……
The AUD/USD outlook improves as the RBA is expected to hold rates after hotter inflation data, reducing bets on near-term cuts. The US Dollar weakens on expectations of a Fed rate cut and risks of a government shutdown. The RBA’s decision on Tuesday and the US political standoff set the stage for heightened volatility ahead…….
The EUR/USD weekly forecast turns negative near 1.1700 as the dollar recovers. Upbeat US economic data and the Fed’s cautious rhetoric lend support to the greenback. Eurozone and US jobs data and central bank speeches can shape the markets next week. The EUR/USD weekly forecast remains subdued under 1.1700, extending the retreat from the September……
The GBP/USD weekly forecast turns bearish after dipping to 7-week lows. Upbeat US GDP and Jobless Claims, along with a cautious Fed, triggered a dollar recovery. Markets now focus on labor market data due next week for a fresh impetus. The GBP/USD weekly forecast has turned bearish after the price significantly declined last week, reaching……
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……
GBP/USD outlook deteriorates, trading near 1.3350 after a four-week low on Thursday. UK inflation risks keep BoE hesitant on rapid easing. Strong US GDP and labor data bolster the dollar ahead of the PCE inflation report. The GBP/USD price is holding just above the 4-week lows marked on Thursday after stronger US data and mixed……
EUR/USD steadies near 1.1740 after a sharp midweek drop. Dollar strength stems from firmer U.S. data and cautious Fed guidance. Markets await the release of US GDP and PCE inflation data to confirm the Fed’s next steps. The EUR/USD forecast tilts to the downside as the price saw a 0.6% decline on Wednesday, primarily driven……
