USD/JPY Forecast: Geopolitics Keeps Dollar on the Front Foot

The gold price remains in positive territory as dollar weakness prevails. Geopolitics and potential Fed easing continue to underpin the demand for gold. Markets await the US PCE inflation report for fresh trading opportunities. The gold price held steady during the early European session on Friday, as the market tone remained cautious ahead of the……

The AUD/USD gained ground as the Australian CPI revealed stronger-than-expected data. The US dollar remains weak ahead of a potential 25-bps cut in today’s FOMC meeting. Traders look ahead to commentary from US FOMC members and the Federal funds rate for further policy cues.   The AUD/USD forecast remains bullish, hitting a 3-week top after the……

The EUR/USD forecast indicates a pullback in the euro at the start of the week. Trump met Russia’s Putin on Friday and said the leader is more willing to work on a peace deal. The dollar recovered as Fed rate cut bets eased. The EUR/USD forecast indicates a pullback in the euro as market participants……

The EUR/USD outlook reflects range-bound momentum, backed by a resilient euro but limited by USD strength. The ECB navigates a divided stance among policymakers about the timing of easing, as sticky inflation limits the chances of early rate cuts. Traders look ahead to the US manufacturing PMI and manufacturing prices for directional bias.  The EUR/USD……

The USD/JPY weekly forecast indicates further weakness in the US labor market. The US economy added only 22,000 jobs in August. Next week, the US will release its consumer and wholesale inflation reports. The USD/JPY weekly forecast indicates further weakness in the US labor market, which supports a more dovish Fed. Ups and downs of……

The USD/CAD forecast indicates a brief rebound in the pair ahead of policy meetings. US retail sales rose by 0.6%, well above the estimate of a 0.2% increase. Data from Canada showed that inflation eased by 0.1%. The USD/CAD forecast indicates a brief rebound in the pair ahead of central bank meetings in Canada and……