The USD/JPY outlook is pointing north as the dollar remains strong following upbeat retail sales data. US unemployment claims were well below the forecasts. The yen was fragile as markets awaited an election in Japan. The USD/JPY outlook points north as the dollar remains strong after upbeat retail sales data from the previous session. Meanwhile,……
The GBP/USD outlook shows a rebound in the dollar. The dollar eased in the previous session as traders worried about a likely firing of Fed Chair Jerome Powell. The CPI increased by 3.6% compared to the forecast of 3.4%. The GBP/USD outlook shows a rebound in the dollar after Trump denied reports he was planning……
The AUD/USD forecast indicates a surge in RBA rate cut bets. Australia’s economy added only 2,000 jobs, compared to the forecast of 21,000. Reports revealed that Trump was planning to fire Powell. The AUD/USD forecast indicates a surge in RBA rate cut bets after a downbeat jobs report from Australia. Meanwhile, in the US, tensions……
The USD/JPY forecast shows a decline in expectations for Fed rate cuts. The annual US CPI accelerated from 2.4% to 2.7%. Trump has threatened to impose a 25% tariff on Japan. The USD/JPY forecast indicates a decline in Fed rate cut expectations, which has dashed hopes of a narrowing rate gap between the US and……
The USD/CAD price analysis shows a retreat from recent peaks. US inflation data confirmed that Trump’s tariffs have increased price pressures in the economy. Canada’s inflation increased from 1.7% in May to 1.9% in June. The USD/CAD price analysis shows a retreat from recent peaks as traders weigh the inflation figures from the US and……
The AUD/USD price analysis shows a slight improvement in risk appetite. The US president said he was willing to continue talks with the EU. Market participants are expecting an acceleration in US price pressures. The AUD/USD price analysis shows a slight improvement in risk appetite after Trump showed a willingness to continue trade negotiations. However,……
The EUR/USD outlook points to improved sentiment in the Eurozone. Trump announced that he would impose a 30% tariff on Eurozone goods. Traders are keeping an eye on the US CPI report. The EUR/USD outlook points to improved sentiment in the Eurozone after Trump said he was willing to negotiate a trade deal. As a……
The USD/CAD outlook shows robust strength in Canada’s labor market. Sentiment has remained poor since Trump announced a 35% tariff on Canada. Economists believe US inflation accelerated in June due to Trump’s tariffs. The USD/CAD outlook shows robust strength in Canada’s labor market, supporting the loonie as a result. However, a potential 35% tariff on……
The GBP/USD forecast shows a continuing decline after Friday’s poor UK GDP data. Trump announced a 30% tariff on the Eurozone and Mexico. This week, the US CPI report will shape the outlook for rate cuts. The GBP/USD forecast shows a continuing decline after the UK released downbeat GDP data in the previous session. At……
The EUR/USD price analysis shows a lower likelihood of a US-Eurozone trade deal. Trump said he would send a letter to the EU as soon as Friday. Tariffs will hurt demand for goods from the Eurozone. The EUR/USD price analysis shows a lower likelihood of a trade deal between the US and the Eurozone. Trump……
