The USD/CAD forecast shows an extension of the previous session’s move. The Bank of Canada held rates as expected on Wednesday. The US economy grew by 3.0%, compared to the forecast of 2.5%. The USD/CAD forecast shows an extension of the previous session’s move as the Canadian dollar continues its slide. Both the Bank of…
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The GBP/USD outlook suggests growing concerns about the UK’s fiscal health. The UK government made a U-turn on welfare reforms. Data in the previous session revealed that the US private sector lost 33,000 jobs in June. The GBP/USD outlook suggests growing concerns about the UK’s fiscal health, which have weighed on the pound. At the……
The gold forecast remains broadly bullish with a few corrective jitters due to the ceasefire. The Fed Chair’s wait-and-watch policy weighs on gold’s uptrend. Market participants are eyeing key US data and the second round of Powell’s testimony. Gold prices are consolidating above the $3,300 mark after retreating to a 2-week low earlier this week…….
The EUR/USD price analysis shows the euro recovering from some of its losses. The euro gained as traders awaited the outcome of a meeting between Trump and Putin. The US PPI increased by 0.9%, beating estimates of 0.2%. The EUR/USD price analysis shows the euro recovering from some of its losses as traders watch peace……
The AUD/USD forecast indicates increasing expectations for a Fed rate cut. The US reported 7.18 million vacancies, compared to the forecast of 7.38 million. Market participants are pricing a 97% chance of the Fed cutting in September. The AUD/USD forecast suggests growing expectations for a Fed rate cut following downbeat US employment figures. However, the……
The USD/CAD weekly forecast points to increasing economic concerns in Canada. Canada was one of the unlucky countries to fail to sign a trade deal with the US. Data revealed weak US job growth in July. The USD/CAD weekly forecast points to increasing economic concerns in Canada after Trump imposed higher tariffs. Ups and downs……
The GBP/USD weekly forecast remains under pressure amid dismal UK economic data. The US dollar remains firm amid receding Fed rate cut expectations. All eyes on the UK Autumn budget and US inflation data that could shape the market expectations. The GBP/USD weekly forecast reveals sustained pressure as the soft UK data, like a 1.1%……
