The GBP/USD outlook suggests a rally in the pound following a strong close to Q2. A deal to lower US tariffs on certain UK industrial items took effect on Monday. The dollar remained weak ahead of US employment figures. The GBP/USD outlook suggests a rally in the pound following a strong finish to the second……
The AUD/USD outlook indicates weak risk appetite ahead of the US payrolls. Traders are pricing a 91.5% chance of a rate cut in September. Australia’s inflation report increased pressure on the RBA to lower borrowing costs. The AUD/USD outlook shows weak risk appetite ahead of this week’s US nonfarm payrolls report. At the same time,……
The USD/CAD forecast indicates a sharp pullback from Friday’s peaks. The pair dropped last week as Trump renewed his attacks on the Fed. US data revealed that inflation rose by 0.2% compared to estimates of 0.1%. The USD/CAD forecast suggests a sharp pullback from Friday’s peaks as focus shifts back to US monetary policy. Initially,……
The EUR/USD weekly forecast remains upside, staying above 1.1700. The weaker US dollar lends more support to the euro amid the Fed’s policy outlook and poor economic data. Markets are now eyeing US ADP and NFP data along with the Fed Chair’s speech. The EUR/USD price ended the month with a solid bullish momentum, closing……
The EUR/USD forecast is bullish, with eyes on the 1.1800 level as the dollar weakens further. The EU’s optimistic fiscal conditions support the growth outlook, lending further support to the euro. Markets now focus on the US Core PCE Price Index for further impetus. The euro extended its winning streak on Friday, with the EUR/USD……
Gold outlook remains fragile amid risk-on flows and dollar recovery. Mixed US data and a cautious Fed may keep the precious metal sidelined. Gold investments are rotating into other precious metals, keeping the yellow metal under pressure. The gold price extended its downward trajectory on Friday as risk sentiment improved, while the US dollar mildly……
The EUR/USD price turns its head to 1.2000 as the US dollar weakens. Trump’s criticism of the Fed and shifting rate cut expectations weigh on the dollar. The looming tariff deadline and dovish Fed may push the euro further up. The EUR/USD price extends its winning streak to a sixth consecutive session on Thursday, surging……
The GBP/USD outlook is extremely bullish after the dollar loses further due to Trump’s criticism of the Fed. Iran-Israel ceasefire continues to underpin the global risk sentiment. Markets are now eyeing the Q1 GDP and Core PCE Index data from the US. The British pound extended its bullish momentum for the fourth consecutive session on……
The EUR/USD forecast is strongly bullish despite a mild pullback from YTD highs. A weaker dollar amid dovish Fed expectations keeps the Euro bullish. Markets are eyeing US Q1 GDP and US Core PCE Index data for further impetus. The EUR/USD price is trading slightly lower on Wednesday during the early New York session, after……
The gold forecast remains broadly bullish with a few corrective jitters due to the ceasefire. The Fed Chair’s wait-and-watch policy weighs on gold’s uptrend. Market participants are eyeing key US data and the second round of Powell’s testimony. Gold prices are consolidating above the $3,300 mark after retreating to a 2-week low earlier this week…….
