The USD/JPY outlook shows fluctuations in the yen after the Bank of Japan policy meeting. The Bank of Japan was more upbeat about the outlook for Japan’s economy than expected. US data revealed strong private employment and GDP growth. The USD/JPY outlook turns slightly bearish after the Bank of Japan policy meeting that revealed a…
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The GBP/USD price stays positive above 1.3100, awaiting the UK budget. The UK government faces a strong challenge to balance between growth and fiscal deficit. Markets eye Fed comments and US PPI ahead of Wednesday’s UK budget. The GBP/USD price trades above 1.3100 on Tuesday, broadly unchanged as investors stay focused on Wednesday’s UK Autumn……
The GBP/USD struggles after softer-than-expected inflation data and growing fiscal concerns. The US dollar holds firm, maintaining a cautious market sentiment amid the persistent US government shutdown. Traders look ahead to comments from FOMC Waller, the API report, and crude oil inventories for further policy and monetary direction. The GBP/USD outlook remains pressured, trading below……
The AUD/USD outlook shows the pair edging lower amid a firm greenback. Deputy Gov. Hauser and Assistant Gov. Jones maintained a cautious RBA policy stance. Traders await commentary from FOMC officials for further policy cues. The AUD/USD outlook shows a slight bearish momentum, as it trades near 0.6535, consolidating amid a lifted US dollar and……
EUR/USD forecast remains firm as dollar retreats to 4-month lows. Dovish Fed and stable ECB favor the EUR/USD long positions. Markets see no volatility amid the Thanksgiving holiday and in the absence of major releases. The EUR/USD forecast edges higher as the price extends its recovery on Thursday, pushing above the key 1.1600 level as……
The GBP/USD price analysis shows the pound steady against the dollar. Data on Wednesday revealed that inflation in the UK remained high at 3.8% in August. Market participants are anticipating a more dovish Fed. The GBP/USD price analysis shows the pound steady against the dollar as UK inflation remains high. Market participants expect Bank of……
Gold outlook remains steady near $3,740 as investors await US inflation data. Fed policy outlook remains supportive despite Powell’s caution. Geopolitical risks in Europe and the Middle East underpin demand for safe havens. Gold prices remained little changed on Thursday in the early European session, with spot trading near $3,740. A slightly weaker greenback provided……
