The EUR/USD outlook reflects range-bound momentum, backed by a resilient euro but limited by USD strength. The ECB navigates a divided stance among policymakers about the timing of easing, as sticky inflation limits the chances of early rate cuts. Traders look ahead to the US manufacturing PMI and manufacturing prices for directional bias. The EUR/USD……
The AUD/USD forecast shows a slight boost, but is capped by a stronger greenback. The AUD halted its three-day losing streak as the Austrian CPI data came in stronger than expected, lifting the AUD. Traders look ahead to the RBA rate decision and the US ISM manufacturing PMI data for fresh impetus. The AUD/USD forecast……
The GBP/USD forecast reveals weakness amid the UK fiscal uncertainty. The US dollar edged up as Chair Powell came up with a cautious tone for a December cut. Traders await the BoE interest rate decision and US NFP data next week. The GBP/USD weekly forecast reflects a persistent bearish bias, closing the week at 1.3140…….
The AUD/USD weekly forecast remains cautious as investors balance stronger US dollar demand against firmer Australian inflation data. The Australian CPI exceeded expectations, declining expectations for further RBA easing. Traders anticipate commentary from Fed officials, RBA policy decisions, and nonfarm payrolls for more impetus. The AUD/USD weekly forecast remains subdued, as the pair trades near……
The GBP/USD forecast shows the pair stabilized under 1.1350 amid the diverging policy decisions by the Fed and BoE. The UK inflation data, fiscal concerns, and softer retail sales data weigh the pound. Traders await commentary from FOMC Members Hammock, Logan, and Bostic for further policy cues. The GBP/USD forecast shows a steady movement, trading……
The EUR/USD outlook reflects market caution amid a divided Fed and stable ECB. The broader market sentiment remains neutral while markets price in a 71% chance of a December Fed cut. Traders look forward to the EUR CPI flash estimate Y/Y and the EUR prelim CPI M/M for further policy cues. The EUR/USD outlook indicates……
The GBP/USD forecast shows the pound steady amid improved sentiment and a less dovish Fed. Chair Powell reduced interest rates by 25 bps on Wednesday but provided no clarity on another cut in December. Traders look forward to FOMC members Bowman and Logan’s speeches for further Fed policy direction. The GBP/USD forecast reflects a downward……
The AUD/USD outlook stays steady as a less dovish Fed balances positive risk sentiment. The US dollar declined further due to the Fed’s uncertain policy stance ahead of the December Fed meeting. Traders look ahead to commentary from FOMC members Bowman and Logan for further Fed policy outlook. The AUD/USD outlook shows the pair witnessed……
The EUR/USD remained under pressure as markets awaited the Fed rate cut decision. The greenback’s renewed strength and weak Eurozone economic data weigh on the pair. Traders look forward to commentary from FOMC members for further policy cues. The EUR/USD outlook shows a bearish momentum as the pair trades near 1.1635 ahead of the US……
The AUD/USD gained ground as the Australian CPI revealed stronger-than-expected data. The US dollar remains weak ahead of a potential 25-bps cut in today’s FOMC meeting. Traders look ahead to commentary from US FOMC members and the Federal funds rate for further policy cues. The AUD/USD forecast remains bullish, hitting a 3-week top after the……
