The USD/JPY outlook shows some indecision in the market ahead of the US CPI. Economists are forecasting a US headline figure of 2.8%. Trade tensions between China and the US might increase. The USD/JPY outlook shows some indecision in the market as traders look forward to crucial US inflation figures. Meanwhile, the uncertainty surrounding the…
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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 progressing US-China trade talks subdued gold’s safe-haven appeal. The 3% inflation YoY reinforces hopes for two Fed cuts by 2025. Due to the ongoing Federal government shutdown, the markets face a delay in key data releases. The gold outlook shows a steep decline, the first in the last five years, as the pair traded……
The GBP/USD price analysis indicates caution ahead of the US monthly employment report. Economists predict a 75,000 US job addition in August. Experts believe yields will remain elevated. The GBP/USD price analysis indicates caution ahead of the US monthly employment report. Meanwhile, the dollar remains fragile after more downbeat jobs figures on Thursday. On the……
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 AUD/USD weekly forecast stays bullish amid dollar weakness. Fed repricing with higher odds of a rate cut and soft macro data weakened the greenback. Commodity prices and China-linked risk flows supported the Aussie. The AUD/USD price closed the week near mid-0.6500, marking 1.45% gains last week, led by broad US dollar weakness and firm……
AUD/USD outlook gains after Fed Chair Jerome Powell’s dovish Jackson Hole remarks boosted rate cut bets for September. RBA remains cautious despite strong labor market data, with investors awaiting minutes and CPI for further policy clues. US Core PCE inflation later this week is the key risk event that could cap upside momentum in AUD/USD…….
