The USD/JPY weekly forecast suggests growing pressure for rate hikes in the BOJ. The dollar and Treasury yields recovered during the week after the Fed cut rates by 25-bps. The Bank of Japan held interest rates as expected. The USD/JPY weekly forecast tilts to the downside as the internal pressure grows in the Bank of…
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GBP/USD weekly forecast remains bullish amid broad dollar weakness. Weaker US data and easing US-China trade tensions support the pound. All eyes are on the BoE and FOMC meetings due next week. The GBP/USD weekly forecast remains strongly bullish as the pair hits its third consecutive week in gains. The price marked a 39-month top……
Gold eased below $4,000 as traders booked profits following record highs, easing geopolitical tensions. Persistent policy instability and growing inflation concerns reaffirm gold’s safe-haven appeal. Traders closely monitor Fed speeches and the Michigan Consumer Index for further policy and direction cues. The gold outlook shows a pause in the uptrend, correcting below the $4,000 mark……
USD/JPY outlook remains weak on Tuesday, driven by FX intervention warnings. Stimulus package and Tokyo’s verbal warnings keep the USD/JPY in a delicate balance. Markets eye US PPI data that could provide fresh insight for Fed’s rate cut in December. The USD/JPY outlook edged lower on Tuesday as the Japanese yen regained some strength amid……
The USD/CAD outlook indicates a sudden shift in sentiment. The US economy added only 73,000 jobs in July. Trump imposed a 35% tariff on Canada after the two countries failed to reach a trade deal. The USD/CAD outlook indicates a sudden shift in sentiment after the US released a poor monthly employment report. Nevertheless, fundamentals……
GBP/USD outlook tilts bearish as FOMC minutes reveal a hawkish stance. Budget constraints and BoE rate cut odds weigh on the pound. Markets await US NFP and UK PMI data to gauge economic strength and reposition accordingly. The GBP/USD outlook remains under selling pressure during Thursday’s London session, dropping below 1.3050 before finding mild support…….
The EUR/USD price analysis shows a lower likelihood of a US-Eurozone trade deal. Trump said he would send a letter to the EU as soon as Friday. Tariffs will hurt demand for goods from the Eurozone. The EUR/USD price analysis shows a lower likelihood of a trade deal between the US and the Eurozone. Trump……
