The USD/JPY forecast shows a decline in expectations for Fed rate cuts. The annual US CPI accelerated from 2.4% to 2.7%. Trump has threatened to impose a 25% tariff on Japan. The USD/JPY forecast indicates a decline in Fed rate cut expectations, which has dashed hopes of a narrowing rate gap between the US and…
The post USD/JPY Forecast: Fed Doubts Keep US-Japan Rate Gap Wide appeared first on Forex Crunch.
The AUD/USD weekly forecast indicates some bearish sentiment. Risk sentiment was poor following the passage of Trump’s tax-cut bill through the US Senate. The US economy added 147,000 jobs in June, above the forecast of 111,000. The AUD/USD weekly forecast indicates some bearish sentiment as market participants prepare for an RBA rate cut. Ups and……
AUD/USD outlook remains deteriorated as China’s data disappoints, along with the declining Australian trade surplus. Friday’s US NFP data is expected to reveal positive figures, keeping the dollar buoyed. Technically, the price remains prone to more losses under the 20-period MA The AUD/USD price remains under pressure near the 0.6690 level, struggling to regain its……
The EUR/USD weekly forecast tilts to the downside under 1.1600 amid a softer ECB guidance and fading Fed rate-cut expectations. Upbeat US data continues to keep the dollar strong, with eyes on next week’s GDP and inflation data. Technically, the pair stays bearish, with room to test the 200-MA at around 1.1400. EUR/USD ended the……
EUR/USD price remains flat after falling from daily highs. The removal of Fed Governor Cook created chaos in the market. The imposition of US digital taxes can initiate another trade war between the EU and the US. The EUR/USD price remains flat near 1.1630, at the time of writing, during the early European session. The……
The USD/CAD outlook shows the Canadian dollar weakening ahead of crucial inflation figures. Traders are anticipating policy clues at the Jackson Hole symposium. The US will guarantee the country’s safety in the event of a peace deal. The USD/CAD outlook deteriorates as the Canadian dollar weakens ahead of crucial inflation figures from Canada. Meanwhile, the dollar……
The USD/JPY forecast shows continued strength in the dollar amid geopolitical uncertainty. Market participants are anticipating the US CPI report. Data on Wednesday revealed softer-than-expected US wholesale inflation. The USD/JPY forecast shows continued strength in the dollar amid geopolitical uncertainty. The greenback rose despite downbeat US wholesale inflation and ahead of the CPI report. Meanwhile,……
