USD/CAD Outlook: CAD Weakening Amid Looming BoC Cuts

The AUD/USD outlook reflects a mild bullish bias amid a subdued Aussie and a firm US dollar. Deputy Governor Hauser noted the challenges and suggested tighter conditions to control inflation.  Traders anticipate RBA Jones’ speech and FOMC officials’ speeches tomorrow for further impetus.  The AUD/USD outlook reflects a mild bullish momentum, trading around 0.6520 after……

The EUR/USD outlook indicates increased volatility as traders weigh ECB and Fed policy outlooks. ECB policymakers said the central bank was still in a good place. US unemployment claim increased sharply to 264,000, well above the forecast of 235,000. The EUR/USD outlook indicates increased volatility as traders weigh a hawkish ECB and data supporting Fed……

EUR/USD price eased as the dollar pulled back after three consecutive days of losses. Resilient Eurozone data pushes ECB to pause the easing cycle for longer.The  US Fed is expected to ease in December amid softer macro data. The EUR/USD price eased modestly in Friday’s Asian session, briefly slipping below the 1.1600 level after posting……

The EUR/USD weekly forecast indicates a bullish bias, with the dollar under pressure amid growing economic concerns.  The probability of a December Fed cut reduced from 70% to 50% by Friday due to market caution and lack of visibility into economic data.  Traders look forward to the FOMC Minutes, NFP, and PMIs for fresh impetus. ……

Gold forecast remains firm under the 2-week highs amid a weaker dollar. Fed rate cut odds continue to support the bullish bias for gold. Institutional demand keeps the gold aiming for $4,900 in 2026. Gold forecast remains stable on Thursday after profit-taking hit near two-week highs in the previous session. The price is now hovering……

EUR/USD price analysis suggests a sluggish move dominated by short-term US yields. French political chaos offsets the positive economic factors in the Eurozone in the near term. Markets remain sidelined as the key Fed decision looms this week. The EUR/USD pair trades with a softer tone as short-term US yields dominate market sentiment, overshadowing the……