USD/CAD Forecast: Bearish Under 1.38 Amid Stable WTI & Improved Risk, US PMI Eyed

The USD/CAD forecast remains defensive as the dollar loses momentum amid improved sentiment. Dismal US PMI and accommodative Fed keep the greenback softer. Declining energy prices cap the gains in CAD, especially after the situation in Venezuela. During Tuesday’s London session, the USD/CAD price is on the defensive, continuing a slight decline from the 1.3815……

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 EUR/USD outlook is positive amid a hawkish ECB and a weaker dollar. Tariff concerns and downbeat US CPI continue to weigh on the dollar. Trade talks and US PPI remain the limelight events for now. The EUR/USD outlook stays strongly bullish as the pair breaks multi-month highs, nearing 1.1600 during the European session. The……

The GBP/USD weekly forecast is mildly bearish amid central bank divergence. The Middle East crisis continues to weigh on the pound, adding gains to the US dollar. Market participants set eyes on PMI readings and US GDP and inflation data. The British pound managed to partially recover its losses against the US dollar after the……

GBP/USD forecast remains supported by sticky UK inflation and steady BoE stance. Dollar’s advance stalls as US data blackout clouds rate outlook. Markets see October Fed cut as certain, while December cut remains uncertain. The GBP/USD forecast stays firm this week as the US dollar faces receding momentum amid a delay in key economic releases……

Gold price remains supported above $4,300 level, looking to close the year with more than 60% annual gains. The mixed US NFP data weighed on the dollar, supporting gold. Central bank demand and a dovish Fed pose a long-term bullish narrative for gold. The gold price maintains a positive momentum above the $4,300 level, near……