Gold outlook remains steady near $3,740 as investors await US inflation data. Fed policy outlook remains supportive despite Powell’s caution. Geopolitical risks in Europe and the Middle East underpin demand for safe havens. Gold prices remained little changed on Thursday in the early European session, with spot trading near $3,740. A slightly weaker greenback provided……
EUR/USD price slips below 1.1770, pressured by weaker German IFO data and cautious Fed messaging that bolstered the US Dollar. Fed narrative shifting: Powell remains cautious on cuts, Miran calls for bolder easing, but markets scale back bets on two 2025 rate cuts. The euro outlook remains fragile, with manufacturing weakness and tariff-related pressures offsetting……
AUD/USD forecast remains up as the pair climbs near 0.6630 amid stronger-than-expected Australian CPI data. The Fed remains cautious on rate cuts, with Powell stressing inflation risks, while Bowman advocates for faster easing to protect the labor market. The RBA is seen as more hawkish than the Fed, with Barclays forecasting the AUD/USD to break……
The EUR/USD outlook remains supported as Eurozone PMI data showed contraction in manufacturing but resilience in services. Fed officials remain divided on further cuts, keeping dollar strength in play. Market focus turns to U.S. GDP and PCE inflation for direction in EUR/USD. The EUR/USD outlook remains steady near the 1.1800 handle on Tuesday after bouncing……
The GBP/USD forecast remains subdued as UK PMI data signals slowing growth. Fiscal deterioration and rising gilt yields weigh heavily on Sterling sentiment. The Fed’s hawkish tilt offsets the recent rate cut, supporting the dollar against the GBP. The British pound came under renewed selling pressure on Tuesday after the UK PMI for September came……
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……
The AUD/USD forecast shows a rebound in the Australian dollar after the RBA governor’s speech. RBA’s Bullock said that Australia’s economy was in a good place. The dollar was steady as traders looked forward to Fed speeches this week. The AUD/USD forecast shows a rebound in the Australian dollar after RBA governor Bullock said the……
The USD/JPY weekly forecast suggests growing pressure for rate hikes in the BOJ. The dollar and Treasury yields recovered during the week after the Fed cut rates by 25-bps. The Bank of Japan held interest rates as expected. The USD/JPY weekly forecast tilts to the downside as the internal pressure grows in the Bank of……
The EUR/USD weekly forecast shows a rebound in the dollar. The greenback fell in anticipation of a rate cut by the Fed. Powell noted that employment risks had increased. The EUR/USD weekly forecast shows weakness as the US dollar recovers ground after the Fed’s rate cut, as the impact has already been priced. Ups and……
The USD/JPY price analysis shows increasing pressure within the Bank of Japan to hike interest rates. BoJ policymakers Hajime Takata and Naoki were ready to hike interest rates. The dollar continued its recovery after the Fed meeting. The USD/JPY price analysis shows increasing pressure within the Bank of Japan to hike interest rates, which briefly……
