The USD/CAD weekly forecast indicates likely pauses from the Fed and BoC. The dollar collapsed against most of its peers amid optimism about trade deals. Data revealed that US unemployment claims fell for the second week. The USD/CAD weekly forecast indicates that traders are gearing up for a pause by the Fed and the Bank…
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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 EUR/USD forecast remains bullish, with a recent pullback triggered due to profit-taking. The Fed’s dovish path limits the euro’s losses, supporting a dip-buying trend in the EUR/USD. FedSpeak and next week’s US NFP could provide more clarity to the markets. The EUR/USD marked a 10-week high near 1.1750 on Thursday before retreating mildly in……
The GBP/USD forecast remains positive above 1.3500 after the Fed’s dovish tone. The BOE-Fed divergence points at stronger gains towards fresh yearly highs. Markets are in a lull before key macro releases like US GDP, Core PCE, and Durable Goods Orders. The British pound pared its losses sharply on Friday after Fed Chair Powell struck……
The USD/JPY price analysis indicates optimism following reports of a trade deal between the US and Japan. Japan will invest $550 billion in the US. Japan’s PM Shigeru Ishiba might resign next month. The USD/JPY price analysis indicates optimism following reports of a trade deal between the US and Japan, which has boosted the yen…….
The euro remains steady amid signs of resilient growth and the ECB’s policy guidance. The USD strengthens amid expectations of two additional rate cuts by year-end. Traders await comments from FOMC members Bowman and Barr for further policy and economic directions. The EUR/USD outlook shows the pair under pressure, maintaining a cautious market sentiment amid……
The GBP/USD forecast remains feeble after downbeat UK employment data. The US dollar remains firm amid easing US-China trade worries. All eyes are now on key central bank speeches that could provide clues on the easing cycle. The GBP/USD price weakened on Tuesday, falling below the 1.3300 mark amid softer-than-expected UK labor market data. It……
