The AUD/USD forecast remains subdued amid Middle East chaos. US attacks on Iran provoked Iran to choke Hormuz Strait, deteriorating the risk sentiment. Mixed Aussie data may not prevent RBA to cut further. The AUD/USD forecast slipped as the pair started the week under pressure, posting fresh five-week lows near 0.6400 as geopolitical tensions weighed……
The USD/CAD outlook is positive amid dollar’s safe-haven demand. Escalating Iran-Israel conflict and rising oil prices support the pair. Diverging economic outlook limits the gains. The USD/CAD outlook gains traction on Monday, posting fifth consecutive winning streak on Monday. The pair moved above the mid-1.3700 area on Monday ahead of European session. The price opened……
The GBP/USD weekly forecast is mildly bearish amid central bank divergence. The Middle East crisis continues to weigh on the pound, adding gains to the US dollar. Market participants set eyes on PMI readings and US GDP and inflation data. The British pound managed to partially recover its losses against the US dollar after the……
The EUR/USD weekly forecast is slightly subdued amid risk aversion. A hawkish Fed and Middle East conflict continue to weigh on risk assets. Tariff concerns are mounting as the July 9 deadline looms large. The EUR/USD weekly forecast remains mildly subdued as the week closed with a slight negative change. The US dollar maintained its……
The gold forecast remains subdued after a hawkish Fed. Geopolitical concerns keep the downside limited in gold. Central bank buying and potential US tariff threats support the precious metal. The gold forecast is subdued as the price has slipped below the $3,350 mark on Friday during the earlier European session. The Fed’s hawkish pause continues……
The AUD/USD outlook remains favorable amid eased geopolitical concerns. The Aussie found support amid weaker USD and upbeat Chinese data. Technically, the AUD/USD price finds resistance by 20-SMA and neutral RSI. The AUD/USD outlook improved slightly on Friday amid upbeat Chinese economic data combined with a pullback in the US dollar. However, the broader market……
USD/CAD outlook improves as it trades above 1.37, lifted by safe-haven flows. Fed’s cautious stance on inflation reinforces support for the dollar, but policy uncertainty persists. CAD gains limit upside as rising oil prices offer some counterbalance to USD strength. The USD/CAD outlook remains mildly positive as the pair extended its upside for the third……
The GBP/USD forecast is bearish amid a hawkish Fed. Geopolitical concerns continue to weigh on the pound. Markets are now awaiting BoE policy decision and statement. The GBP/USD forecast has turned slightly bearish after staying subdued for the third consecutive session. The pair is trading around 1.3415, at the time of writing. -If you are……
Gold price remains consolidating under $3,400 as markets await the FOMC meeting. The Fed’s economic projection and dot plot are key to watch. Geopolitical concerns and a stronger dollar may keep the momentum neutral. Gold price stays under pressure, trading at $3,383, at the time of writing, during the London session. Market participants are anxiously……
The GBP/USD outlook remains neutral amid the Middle East crisis. The UK CPI data came upbeat, lending mild support to the pound. Markets now focus on FOMC and BoE policy guidance. The GBP/USD outlook improved slightly on Wednesday as the UK CPI met expectations, showing a rise in food inflation. However, the pair lost more……
