US Dollar Index Outlook Steady Near 99.00 Ahead of US CPI

The gold outlook remains constructive despite profit-taking at the $4,500 level. Geopolitical risks and a weaker dollar continue to favor the bullion. Market participants now eye the US ADP report with more focus on Friday’s NFP. After a robust two-day rally, gold prices have paused near the $4,500 mark. Buyers are exhibiting some reluctance as……

The EUR/USD outlook turns negative as the Eurozone is hit by the US-EU trade deal. European leaders voice opposition against the deal amid fear of economic backlash. The US dollar sees increased demand as the Fed may hold rates steady for longer. The EUR/USD outlook weakened as the pair continued its decline on Tuesday, following……

The ongoing geopolitical tensions, like the US-China trade tensions and the war between Russia and Ukraine, lend support to gold. The pullback seems short-term amid a stronger US dollar as expectations of Fed easing continue to enhance gold’s safe-haven appeal.  Traders look forward to FOMC’s Waller speech for further policy cues. The gold outlook indicates……

The USD/CAD weekly forecast remains bearish amid prevailing dollar weakness. The CAD gained as oil prices ticked up while Canada’s employment data remained upbeat. Markets await FOMC and BoC rate decisions due next week, while focus remains on the Fed Chair’s commentary. The USD/CAD slumped last week as the Canadian dollar gained renewed strength amid……

The USD/CAD price analysis remains firm above 1.3900, supported by a stronger US dollar and a softer Canadian backdrop. US PPI and retail sales data maintain an upside bias for the greenback. US unemployment claims and FedSpeak could provide fresh impetus to the markets. USD/CAD is trading firmly around 1.3900 in the early European session,……

Gold outlook remains strong after rallying to multi-week highs. The Fed’s dovish turn weighs on the yields, supporting the bullion. Geopolitical uncertainty and broader demand for gold keep the downside limited. Gold price trades with a solid footing on Friday’s European session, hovering near the highest level since late October. The mild pullback occurred in……