USD/CAD Forecast: Bullish Bias Intact Ahead of Canadian CPI Data

Gold forecast shows bulls in dominance amid optimism regarding an end to the US shutdown this week. A weaker dollar, softer economic data, and disinflation trends continue boosting gold’s safe-haven appeal. Traders look ahead to commentary from FOMC officials on Wednesday for further policy cues into Fed easing.  Gold forecast shows a bullish bias as……

The AUD/USD outlook suggests a rebound in the dollar as market participants look past Fed rate cuts. Market participants were pricing a 92.1% chance of the Fed cutting rates in September. Lower borrowing costs will help revive the weak US economy. The AUD/USD outlook suggests a rebound in the dollar as market participants look past……

The GBP/USD outlook shows a solid rebound in the UK economy. Data on Thursday revealed that the UK economy expanded by 0.4%. Top US government officials are calling for a big rate cut. The GBP/USD outlook shows a solid rebound in the UK economy that has lowered BoE rate cut bets and boosted the pound…….

EUR/USD price remains flat after falling from daily highs. The removal of Fed Governor Cook created chaos in the market. The imposition of US digital taxes can initiate another trade war between the EU and the US. The EUR/USD price remains flat near 1.1630, at the time of writing, during the early European session. The……

EUR/USD forecast remains mildly bullish amid weaker dollar.  Fed’s rate cut probability in September is 94% amid weaker economic outlook.  Weaker US jobs data and geopolitical optimism continues to support euro.  The EUR/USD forecast remains slightly bullish, staying around mid-1.1600, supported by weakening US economic indicators and unresolved political uncertainty in Washington. However, the pair……

EUR/USD outlook edges higher near 1.1734 as risk appetite weighs on the US Dollar despite Eurozone services PMI revision. Mixed Eurozone data show resilience, while the US labor market concerns deepen amid the delayed Nonfarm Payrolls release. Fed’s Logan cools expectations of an October rate cut, leaving markets focused on ISM services data and the……