USD/CAD Outlook: Sentiment Shifts as US Jobs Data Disappoints

The USD/JPY forecast shows a resilient yen despite a shift in Japan’s political landscape. Japan’s ruling party lost the election on Sunday. If there is no trade deal by August 1, Japan might face a 25% tariff on its goods. The USD/JPY forecast shows a resilient yen despite a shift in Japan’s political landscape. The……

Gold stays intact above $4,100 amid anticipated Fed easing and ongoing geopolitical risks.  US-China trade frictions enhance gold’s “buy-on-dips” appeal.  Traders look ahead to Fed Powell’s speech and the upcoming CPI and PPI figures for further policy cues.  The gold outlook shows a retreat from the intraday peak around the $4,179-4,180 level, after investors booked……

The AUD/USD price analysis points to further RBA rate cuts as inflation and growth in Australia slow. Market participants are pricing a 34% chance of an RBA cut in September. Traders remain cautious ahead of the US CPI report. The AUD/USD price analysis points to further RBA rate cuts as inflation and growth in Australia……

Euro weakens amid French political turmoil while dollar’s safe-haven appeal revives.  The Euro regained temporary strength after French political conditions eased, but sentiment maintained a bearish bias amid weak Eurozone data and a divided Fed outlook. Traders look forward to the Consumer Price Index and Eurozone Harmonized Index of Consumer Prices for market direction cues. ……

The EUR/USD forecast is neutral as markets experience risk aversion. ECB-Fed divergence may continue to support the euro. The confluence zone at 1.1500 may help euro buyers stay bid. The EUR/USD forecast has turned neutral despite a broad upside trend, as Israel’s attack on Iran triggered a strong risk-aversion sentiment in the global financial markets…….

The GBP/USD price stays positive above 1.3100, awaiting the UK budget. The UK government faces a strong challenge to balance between growth and fiscal deficit. Markets eye Fed comments and US PPI ahead of Wednesday’s UK budget. The GBP/USD price trades above 1.3100 on Tuesday, broadly unchanged as investors stay focused on Wednesday’s UK Autumn……