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Read more about the article GBP/USD Weekly Forecast: Bulls Stall, Bracing for Fed Rate Cut

GBP/USD Weekly Forecast: Bulls Stall, Bracing for Fed Rate Cut

  • Post author:admin
  • Post published:September 7, 2024
  • Post category:news
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US employment data showed that the labor market is slowing. The U.S. nonfarm payrolls report showed a smaller-than-expected increase in jobs in August. US inflation data will be the last…

Continue ReadingGBP/USD Weekly Forecast: Bulls Stall, Bracing for Fed Rate Cut
Read more about the article EUR/USD Weekly Forecast: US Data Builds Case for Sep Rate Cut

EUR/USD Weekly Forecast: US Data Builds Case for Sep Rate Cut

  • Post author:admin
  • Post published:September 7, 2024
  • Post category:news
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Data on manufacturing activity in the US raised fears of a recession. US non-farm payrolls missed forecasts, showing a drop in demand. The dollar fell as interest rate cut expectations…

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Read more about the article AUD/USD Outlook: Optimism Persists after Hawkish RBA

AUD/USD Outlook: Optimism Persists after Hawkish RBA

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  • Post published:September 6, 2024
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RBA Governor Michelle Bullock said it was too early to think about a short-term cut in interest rates. US private employment was lower than expected in August. ISM PMI data…

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Read more about the article Gold Price Analysis: Testing Weekly Top Amid Weak Dollar

Gold Price Analysis: Testing Weekly Top Amid Weak Dollar

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  • Post published:September 6, 2024
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The dollar fell after several reports showed a mixed picture of the economy. The US private sector employed another 99,000 individuals, missing the estimate of 144,000. Investors will pay close…

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Read more about the article USD/CAD Forecast: Odds for 50-bps Cut After Dismal Jobs Data

USD/CAD Forecast: Odds for 50-bps Cut After Dismal Jobs Data

  • Post author:admin
  • Post published:September 5, 2024
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The U.S. posted a lower-than-expected 7.67 million job vacancies in July. Investors have increased the probability of a 50 basis point Fed rate cut to 45%. The Bank of Canada…

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Read more about the article USD/JPY Outlook: Yen Rallies as Investors Flee Risk

USD/JPY Outlook: Yen Rallies as Investors Flee Risk

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  • Post published:September 5, 2024
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The yen traded near a one-month high on Thursday on safe-haven demand. The U.S. JOLT jobs report revealed fewer than expected job openings at 7.67 million. Investors will be interested…

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Read more about the article USD/JPY Price Analysis: Yen Strengthens as US Data Disappoints

USD/JPY Price Analysis: Yen Strengthens as US Data Disappoints

  • Post author:admin
  • Post published:September 4, 2024
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US stocks fell in the previous session after poor manufacturing data. The US ISM manufacturing PMI came in at 47.2, below the forecast of 47.5. Economists expect US employers to…

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Read more about the article AUD/USD Forecast: Dollar Gains Amid Risk Flows

AUD/USD Forecast: Dollar Gains Amid Risk Flows

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  • Post published:September 4, 2024
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US data revealed continued contraction in the manufacturing sector. Wall Street and risk-sensitive currencies such as the Australian dollar fell on Tuesday. Australia's economy remained sluggish in the second quarter.…

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Read more about the article USD/CAD Price Analysis: Buyers Emerge Amid Falling Oil

USD/CAD Price Analysis: Buyers Emerge Amid Falling Oil

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  • Post published:September 3, 2024
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Oil prices fell on Tuesday as concerns about Chinese demand intensified. Market participants awaited the key US non-farm payrolls report. Economists expect the US unemployment rate to drop slightly to…

Continue ReadingUSD/CAD Price Analysis: Buyers Emerge Amid Falling Oil
Read more about the article USD/JPY Outlook: Markets Brace for US ISM Data

USD/JPY Outlook: Markets Brace for US ISM Data

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  • Post published:September 3, 2024
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Investors were eyeing the upcoming US non-farm payrolls report. Economists forecast an increase of 165,000 jobs in the US in August. Data from Japan revealed that the manufacturing PMI contracted…

Continue ReadingUSD/JPY Outlook: Markets Brace for US ISM Data
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