The GBP/USD price analysis suggests an almost absolute chance that the Fed will cut rates in September. Data on Tuesday revealed that the US CPI increased by 0.2% as expected. Trump threatened a lawsuit against Powell for poor management of renovations. The GBP/USD price analysis suggests an almost absolute chance that the Fed will cut……
The USD/CAD outlook shows the dollar rising amid optimism over an extension of the US-China trade truce. China and the US agreed to extend their trade truce by another 90 days. Forecasts show that the annual US CPI figure might increase by 2.8%. The USD/CAD outlook shows the dollar rising amid optimism over an extension……
The AUD/USD price analysis points to further RBA rate cuts as inflation and growth in Australia slow. Market participants are pricing a 34% chance of an RBA cut in September. Traders remain cautious ahead of the US CPI report. The AUD/USD price analysis points to further RBA rate cuts as inflation and growth in Australia……
The USD/JPY outlook shows some indecision in the market ahead of the US CPI. Economists are forecasting a US headline figure of 2.8%. Trade tensions between China and the US might increase. The USD/JPY outlook shows some indecision in the market as traders look forward to crucial US inflation figures. Meanwhile, the uncertainty surrounding the……
The AUD/USD forecast indicates caution at the start of the week. Economists believe RBA officials will cut rates by 25-bps. US headline inflation might accelerate from 2.7% to 2.8%. The AUD/USD forecast indicates caution at the start of the week as market participants gear up for the RBA meeting and crucial US inflation numbers. At……
The USD/CAD price analysis shows continued dollar weakness. Trump’s Fed pick has raised speculation about more dovish picks in the future. Market participants are awaiting employment figures from Canada. The USD/CAD price analysis shows continued dollar weakness after Trump’s pick for Fed Governor hinted at more dovishness in the central bank. At the same time,……
The GBP/USD outlook suggests the Bank of England may be nearing a pause. Nearly half of the BoE policymakers were ready to keep rates unchanged. US claims rose to 226,000, beating the forecast of 221,000. The GBP/USD outlook suggests the Bank of England could be nearing the end of its current easing cycle. As a……
EUR/USD forecast remains mildly bullish amid weaker dollar. Fed’s rate cut probability in September is 94% amid weaker economic outlook. Weaker US jobs data and geopolitical optimism continues to support euro. The EUR/USD forecast remains slightly bullish, staying around mid-1.1600, supported by weakening US economic indicators and unresolved political uncertainty in Washington. However, the pair……
GBP/USD outlook improves despite BOE’s rate cut. The MPC vote came in favor of a rate cut by a 5-4 split. Macroeconomic UK data could limit the upside potential The GBP/USD outlook has significantly improved as the price reclaims the 1.3400 handle after the BOE’s rate decision. The price is 0.56% up on the day,……
Gold price remains supported amid intense ETF demands. Downbeat US Service PMI helped gold buyers to post gains. US CPI data due next week remains a key event for the gold traders. Gold price remains supported by a complicated mix of dynamics, with ETF demand playing a key role in offsetting a sharp fall in……
