usd/cad-forecast:-dollar-steadies-ahead-of-employment-data

USD/CAD Forecast: Dollar Steadies Ahead of Employment Data

The USD/CAD forecast indicates a slight recovery of the dollar against the Canadian dollar. Market participants are eagerly awaiting the US monthly employment figures. Data revealed that Canada’s economy unexpectedly contracted. The USD/CAD forecast indicates that the dollar is expected to recover slightly against the Canadian dollar ahead of crucial employment figures from the US……

usd/cad-price-analysis:-dollar-nears-monthly-loss

USD/CAD Price Analysis: Dollar Nears Monthly Loss

The USD/CAD price analysis shows a steep rally in the Canadian dollar. Next week’s nonfarm payrolls report will keep shaping the outlook for Fed rate cuts. Data on Friday revealed that Canada’s economy contracted by 0.1%. The USD/CAD price analysis shows a steady Canadian dollar as the greenback heads for a monthly loss due to……

eur/usd-outlook:-euro-strengthens-on-inflation-survey

EUR/USD Outlook: Euro Strengthens on Inflation Survey

The EUR/USD outlook shows steady Eurozone consumer inflation expectations.  Consumers expect Eurozone inflation to average 2.6% in the next year.  The preliminary US GDP revealed a 3.3% expansion, bigger than the forecast of 3.1%. The EUR/USD outlook shows the euro recovering after an ECB survey revealed steady consumer inflation expectations. However, the currency pulled back……

usd/jpy-outlook:-yen-advances-as-fed-rate-cut-bets-increase

USD/JPY Outlook: Yen Advances as Fed Rate Cut Bets Increase

The USD/JPY outlook shows the yen in a stronger position as the dollar eases. New York Fed Chief John Williams said a rate cut is possible. Market participants are eagerly awaiting a key US inflation report scheduled for release on Friday. The USD/JPY outlook indicates the yen is in a stronger position as the dollar……

gbp/usd-forecast:-fed-cut-odds-rise,-boe-rate-cut-odds-fade

GBP/USD Forecast: Fed Cut Odds Rise, BOE Rate Cut Odds Fade

The GBP/USD forecast indicates an increasing likelihood of a Fed rate cut in September. Traders are only pricing a 40% chance of another Bank of England rate cut this year.  Wholesale inflation in the UK hit a two-year high of 1.9%. The GBP/USD forecast indicates an increasing likelihood of a Fed rate cut in September,……

eur/usd-forecast:-france’s-political-risk-weighs-on-euro

EUR/USD Forecast: France’s Political Risk Weighs on Euro

The EUR/USD forecast points south as market participants worry about political stability in France. The French Prime Minister has called for a confidence vote in early September. The dollar rebounded on Wednesday as concerns about the Fed’s independence eased. The EUR/USD forecast points south as market participants worry about political stability in France. Meanwhile, the……

aud/usd-price-analysis:-falls-despite-reduced-rate-cut-bets

AUD/USD Price Analysis: Falls Despite Reduced Rate Cut Bets

The AUD/USD price analysis is bearish despite upbeat inflation numbers from Australia. Inflation in Australia increased by 2.8% in July. The dollar found its feet, recovering from the recent threat by Trump to fire a Fed official.  The AUD/USD price analysis shows a drop in the Aussie despite upbeat inflation numbers from Australia. Still, RBA……

gold-price-consolidating-gains,-eying-us-core-pce,-gdp

Gold Price Consolidating Gains, Eying US Core PCE, GDP

Gold price gains on Tuesday amid poor risk sentiment. Fed-Trump standoff creates chaos in the markets, adding more uncertainty. Investors await catalysts like US Core PCE and US GDP data to provide further impetus. Gold price gained on Tuesday during the early New York session as investors evaluated headlines from Washington against upcoming macroeconomic releases…….

eur/usd-price-to-range-amid-us-politics,-eu-concerns

EUR/USD Price to Range Amid US Politics, EU Concerns

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……

gbp/usd-forecast:-holds-firm-at-1.3500-after-fed’s-dovish-tilt

GBP/USD Forecast: Holds Firm at 1.3500 After Fed’s Dovish Tilt

The GBP/USD forecast remains positive above 1.3500 after the Fed’s dovish tone. The BOE-Fed divergence points at stronger gains towards fresh yearly highs. Markets are in a lull before key macro releases like US GDP, Core PCE, and Durable Goods Orders. The British pound pared its losses sharply on Friday after Fed Chair Powell struck……