EUR/USD price analysis remains range-bound despite eased US-EU tensions over Greenland. The Fed’s patience and the ECB’s growth concerns continue to weigh on the euro. Markets await US initial jobless claims, Core PCE, and GDP data for directional bias. EUR/USD traded around 1.1685 on Thursday after bouncing 0.3% on Wednesday. However, the pair remains stuck……
The AUD/USD outlook remains firm, reaching the 15-month top after the upbeat Australian jobs report. Recent data could push the RBA toward hikes, provided inflation remains elevated in next week’s data release. US Core PCE and Q3 GDP remain today’s major releases to find further directional bias. The Australian dollar hit a 15-month high at……
The GBP/USD price analysis remains firm after UK CPI reports a mild rebound to 3.4% against the expected 3.3%. Sticky inflation fades the odds of the BoE easing soon as the figures lie well above the 2% target. Markets await UK retail sales, PMIs, and US inflation and GDP data this week. GBP/USD is trading……
Gold forecast edges higher, aiming for $5,000 as the geopolitics, central bank buying, and de-dollarization keep the demand elevated. US-Europe conflict over Greenland escalates, resulting in a weaker dollar. US Core PCE and Q3 GDP data due this week could further set the direction for gold. A strong combination of geopolitical tensions, de-dollarization, and steady……
The GBP/USD outlook turns bullish despite a mixed UK labor market data. Gradual cooling in the labor market suggests that the central bank could refrain from further easing. Markets now await UK CPI and retail sales data for further cues on the UK economy. GBP/USD is holding a strong bullish bias despite the latest UK……
USD/CAD price analysis remains under selling pressure as oil prices remain stable while the dollar weakens. Canada’s upbeat inflation suggests the BoC will likely pivot to easing sooner. Tariff uncertainty weighs on the dollar despite the Fed’s deferred easing to midyear. USD/CAD is currently defined by a tug-of-war between a structurally weaker US dollar and……
The gold outlook remains strongly bullish, hitting fresh all-time highs near $4,700 at the start of the week. Geopolitical risks stemming from the Greenland situation, along with conflicts in the Middle East and Russia, keep gold demand underpinned. All eyes are now on US PCE and GDP data to find fresh trading opportunities this week…….
The AUD/USD forecast remains neutral to bullish as safe-haven flows limit the gains while a weaker dollar supports the pair. Upbeat data from China and Australia strengthen the case for RBA hikes. Coming up, labor market data from Australia remains a key driver for the markets. The Australian dollar struggles to find a footing around……
The EUR/USD weekly forecast tilts to the downside under 1.1600 amid a softer ECB guidance and fading Fed rate-cut expectations. Upbeat US data continues to keep the dollar strong, with eyes on next week’s GDP and inflation data. Technically, the pair stays bearish, with room to test the 200-MA at around 1.1400. EUR/USD ended the……
The GBP/USD weekly forecast edges down, as the pair closed the week below 1.3400 amid upbeat US data and risk-off sentiment. Markets await key data from both sides to gauge a fresh directional move. Technically, the price is leaning to the downside, eyeing 1.3200 if downside pressure sustains. GBP/USD closed last week on the defensive……
