USD/JPY Outlook: BoJ Signals Lift Yen Despite Downbeat Data

The USD/CAD outlook suggests growing concerns about the US labor market. Private employment in the US increased by 54,000 in August. The Fed will likely be more dovish than the Bank of Canada in the future. The USD/CAD outlook suggests growing concerns about the US labor market, which is driving up expectations for a Fed……

The GBP/USD outlook shows a rebound in the dollar. The dollar eased in the previous session as traders worried about a likely firing of Fed Chair Jerome Powell. The CPI increased by 3.6% compared to the forecast of 3.4%. The GBP/USD outlook shows a rebound in the dollar after Trump denied reports he was planning……

The USD/CAD pair maintains a bullish bias amid weak oil prices and heightened expectations of rate cuts by the Bank of Canada. This week’s upcoming Canadian CPI release could boost the CAD if the data exceeds the forecast. Traders look forward to the Canadian CPI and FOMC’s Waller’s comments for further policy cues.  The USD/CAD……

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 GBP/USD forecast slightly edges lower despite the dollar weakness led by the dovish Fed tone. Lower US yields and broad greenback weakness continue to put a risk floor under GBP/USD. Pound stays vulnerable with growing expectations of a BoE rate cut next week. The GBP/USD price is trading lower near 1.3365 on Thursday ahead……

The EUR/USD forecast is bullish despite a pause in the uptrend. SocGen aims for a quicker test of 1.2000 amid US tariffs and a dovish Fed. Geopolitical tensions and the FOMC meeting are key stimuli for the markets to watch. The EUR/USD forecast remains firm around the mid-1.1500 after testing the multi-month top at 1.1632…….