The AUD/USD weekly forecast shows a range-bound momentum as the data from both sides counterbalanced the price action. RBA’s unchanged rate decision could not impress buyers, while sellers shied amid a weaker greenback. Traders look ahead to the US and AUS inflation figures to find a directional bias. The AUD/USD weekly forecast shows the pair……
The GBP/USD weekly forecast remains mildly bullish as the US dollar weakens on a continued US government shutdown. The central bank is likely to move towards further easing, while the Fed stays data-dependent. Traders await GBP manufacturing and average earnings reports, along with the US consumer price index and retail sales the next week. The……
The EUR/USD outlook shows limited upside amid the declining risk momentum and renewed dollar demand. ECB VP Luis de Guindos remains satisfied with current interest rates and signals no urgency for near-term changes. Traders await the US preliminary UoM reports and commentary from President Nagel and FOMC Jefferson for further policy cues. The EUR/USD outlook……
The GBP/USD forecast shows the pound trading lower amid the BoE’s dovish policy stance. The BoE kept rates unchanged at 4%, increasing the probability for easing in the coming months. Traders await the US preliminary UoM reports and commentary from FOMC and MPC members for further policy cues. The GBP/USD forecast shows the pair trading……
The GBP/USD outlook shows the pound trading cautiously against a subdued dollar ahead of the Bank of England’s decision. Despite the upbeat US ADP data at 42K, the ongoing US government shutdown limits the dollar’s upside. Traders await the BoE monetary policy meeting with the MPC members’ vote split. The GBP/USD outlook remains range-bound, with……
The EUR/USD forecast shows a slight rebound towards 1.1510 amid a slightly subdued dollar. Germany’s industrial growth boosted the euro, offsetting the dollar’s support from US ADP data. Traders await the EUR retail sales and commentary from FOMC Members Barr, Williams, and Hammock for further policy cues. The EUR/USD forecast shows the pair slightly edged……
The AUD/USD outlook shows a limited recovery in the Australian dollar as a firm dollar limits gains despite tariff optimism. China’s services PMI fell to 52.6, while Australia’s PMI rose to 52.5. Traders await US ADP job data, ISM services PMI, and President Trump’s remarks for further policy cues. The AUD/USD outlook suggests a slight……
The gold forecast shows a mild rebound on Wednesday, driven by the fresh US macro-uncertainty. The signs of economic uncertainty, risk-off sentiment, and bargain hunting underscore gold’s safe-haven demand. Traders await the US ADP non-farm employment change, ISM services PMI, and commentary from President Trump for further policy direction. The gold forecast reflects a slightly……
The GBP/USD outlook remains subdued as a firmer dollar weighs on the pound. Dovish BoE amid worse economic data continues to weaken the sterling. Traders await the commentary from FOMC’s Bowman and MPC’s Breeden for further policy cues. The GBP/USD outlook reflects a downside bias, marking its six-month lows under 1.3100 on Tuesday. The move……
The AUD/USD outlook shows the pair recovering some losses after RBA’s Bullock left cautious comments. As widely anticipated, the RBA kept the cash rates unchanged at 3.6% on Tuesday. Traders await FOMC Bowman’s commentary for further policy direction. The AUD/USD outlook remains weak, trading near 0.6520 after a brief recovery amid the Reserve Bank of……
