Gold outlook remains constructive amid a dovish Fed and ongoing geopolitical risks. Deutsche Bank upgraded its gold forecast to $4,950 in 2026. Markets await key US data to find fresh short-term impetus. Gold price stays above the $4,200 level on Wednesday during the European session, consolidating after a sharp rally as investors awaited US economic……
AUD/USD price remains calm near 0.6580 after posting solid gains. Australia’s Q3 GDP revealed the underlying resilience of the Australian economy. Fed easing and the dovish next Fed Chair continue to pressure the greenback. The AUD/USD price remains on the front foot, trading near the 0.6580 level as the Australian dollar extends its 2-week rally……
The EUR/USD outlook remains mildly supported amid a weaker dollar. The Dollar Index remains steady after losses as the US yields rise on Tuesday. Markets anticipate the US ADP and IS Services PMI data due this week. The EUR/USD price remains flat near 1.1610 on Tuesday’s European session, after reaching a 2-week top near 1.1650……
Gold forecast remains bullish above the $4,200 mark, supported by several macro variables. December Fed easing and geopolitics keep safe-haven flows to gold. Technically, the price looks to test the swing high near $4,300 ahead of all-time highs at $4,380. Gold price stays supported near the $4,200 level despite bouts of volatility. The metal surged……
The USD/JPY forecast edges lower as the BoJ’s Ueda left hawkish remarks. The BoJ hinted at rate hikes to prevent a resurgence in inflationary pressure. With Fed easing, the central bank divergence continues to favor the USD/JPY bears in the near term. The USD/JPY forecast remains slightly lower on Monday as the pair slipped to……
The EUR/USD outlook remains choppy near 1.1600, with an eye on HICP data. Eurozone inflation is expected to tick up, reinforcing the ECB’s decision to hold in the December meeting. Fed easing odds continue to weaken the dollar, lending support to the EUR/USD. The EUR/USD price remains flat near 1.1600 during the earlier European session……
The GBP/USD weekly forecast remains tilted to the upside amid a weaker dollar. Softer US macro data and aggressive Fed easing could keep the pound bulls alive. BoE’s imminent rate cut could cap the upside. The GBP/USD price closed last week on a firm footing, marking a weekly gain of more than 1% and closing……
The AUD/USD weekly forecast stays bullish amid dollar weakness. Fed repricing with higher odds of a rate cut and soft macro data weakened the greenback. Commodity prices and China-linked risk flows supported the Aussie. The AUD/USD price closed the week near mid-0.6500, marking 1.45% gains last week, led by broad US dollar weakness and firm……
GBP/USD forecast remains higher as the UK budget provides near-term support. The US dollar remains weak amid soft economic data and increased dovish expectations from the Fed. Technically, the prices remain protected by the 200-MA support. The GBP/USD forecast remains elevated as the pair rallied for its seventh straight session, trading near 1.3240 in Friday’s……
EUR/USD price eased as the dollar pulled back after three consecutive days of losses. Resilient Eurozone data pushes ECB to pause the easing cycle for longer.The US Fed is expected to ease in December amid softer macro data. The EUR/USD price eased modestly in Friday’s Asian session, briefly slipping below the 1.1600 level after posting……
