GBP/USD outlook tilts bearish as FOMC minutes reveal a hawkish stance. Budget constraints and BoE rate cut odds weigh on the pound. Markets await US NFP and UK PMI data to gauge economic strength and reposition accordingly. The GBP/USD outlook remains under selling pressure during Thursday’s London session, dropping below 1.3050 before finding mild support…….
The gold forecast reveals a neutral to bearish bias, as the dollar holds firm following the release of the FOMC minutes. A modest increase in risk appetite caps the market. Market participants await the long-overdue US NP data as a key signal to the Fed. Gold forecast remains subdued in Thursday’s European session after failing……
Gold remains firm with modest daily gains ahead of key events. Mixed signals from the US jobs market lend support to the metal. FOMC minutes and NFP data could provide directional bias to the gold. The gold price holds modest gains on Wednesday. Still, it remains capped by the key $4,100 level as traders weigh……
GBP/USD price analysis remains subdued after easing UK CPI data. The pound remains vulnerable amid the Fed’s cautiousness and the BoE’s higher odds of a rate cut. Focus remains on the UK Autumn budget as fiscal concerns mount. The GBP/USD price analysis reveals a subdued picture on Wednesday despite UK inflation easing in line with……
The EUR/USD pair exhibits a range-bound momentum as markets anticipate the release of September’s Non-Farm Payroll this week. ECB officials affirm that interest rates should remain unchanged as inflation and economic growth risks remain balanced. FOMC officials’ commentary could lead the traders to reposition. The EUR/USD outlook indicates that the pair is consolidating near 1.1590,……
The AUD/USD forecast remains mildly supportive amid the RBA’s cautious outlook. Policymakers emphasized a balanced and data-driven approach to future monetary policy in the RBA meeting minutes. Markets await factory orders m/m, the NAHB housing market index, and FOMC commentary for further impetus. The AUD/USD forecast indicates the pair is in a neutral to slightly……
The GBP/USD outlook remains mildly subdued amid concerns over the UK’s fiscal situation, as it awaits the release of US data. The pound sterling slipped lower as the UK government decided to drop the income tax rate hikes. The Empire State Manufacturing Index and commentary from FOMC and MPC officials will reveal further policy cues. ……
The EUR/USD forecast indicates slight selling pressure amid reduced expectations for a December Fed cut. Despite disruptions from Trump’s tariff policies, the euro’s slow but steady growth fails to lift the euro. Traders await EU economic forecasts, the Empire State Manufacturing Index, and commentary from FOMC officials for further impetus. The EUR/USD pair shows a……
The AUD/USD weekly forecast indicates bearish momentum despite the resilient Australian dollar. Australia’s unemployment data fell to 4.3% in October, with an addition of 42.2k jobs. Traders anticipate the FOMC and RBA meeting minutes along with speeches by Fed officials next week. The AUD/USD weekly forecast reflects a broader selling pressure, as the pair closed……
The EUR/USD weekly forecast indicates a bullish bias, with the dollar under pressure amid growing economic concerns. The probability of a December Fed cut reduced from 70% to 50% by Friday due to market caution and lack of visibility into economic data. Traders look forward to the FOMC Minutes, NFP, and PMIs for fresh impetus. ……
