USD/CAD Forecast: Dollar Steadies Ahead of Employment Data

The GBP/USD forecast remains supported despite downbeat UK GDP data. Cooler US CPI and tariff uncertainty keep the dollar weaker. Market participants are now eyeing US PPI and unemployment claims data due today. The GBP/USD forecast remains broadly bullish amid the dollar’s weakness. However, today’s UK GDP data reported by the ONS showed economic contraction……

The EUR/USD forecast points south as market participants worry about political stability in France. The French Prime Minister has called for a confidence vote in early September. The dollar rebounded on Wednesday as concerns about the Fed’s independence eased. The EUR/USD forecast points south as market participants worry about political stability in France. Meanwhile, the……

EUR/USD steadies near 1.1740 after a sharp midweek drop. Dollar strength stems from firmer U.S. data and cautious Fed guidance. Markets await the release of US GDP and PCE inflation data to confirm the Fed’s next steps. The EUR/USD forecast tilts to the downside as the price saw a 0.6% decline on Wednesday, primarily driven……

The AUD advanced amid surging inflation expectations and a weakening USD. Traders await speeches from Fed Chair Jerome Powell and RBA officials for policy direction.  The pair stays consolidated, with potential movement above 0.6620 or below 0.6560. The AUD/USD forecast remains mildly supported on Thursday amid rising domestic inflation expectations and a waning US dollar…….

The GBP/USD outlook is extremely bullish after the dollar loses further due to Trump’s criticism of the Fed. Iran-Israel ceasefire continues to underpin the global risk sentiment. Markets are now eyeing the Q1 GDP and Core PCE Index data from the US. The British pound extended its bullish momentum for the fourth consecutive session on……

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……