GBP/USD Outlook Weakens Amid UK GDP and Risk Sentiment
The GBP/USD outlook is weak amid a stronger dollar and a weak UK economy. UK CPI and BoE comments are important events to watch this week. Technically, the probability of…
The GBP/USD outlook is weak amid a stronger dollar and a weak UK economy. UK CPI and BoE comments are important events to watch this week. Technically, the probability of…
The EUR/USD forecast remains neutral with no clear bias. Easing Fed dovishness keeps US dollar strong. The market is waiting for a stimulus to break out of the current range.…
Trump's policies are likely to boost economic growth and inflation. The Fed may be forced to keep rates at a restrictive level for longer. The UK economy shrank unexpectedly. The…
Trump's victory changed the outlook for the economy and inflation. US inflation data revealed that price pressures rose as expected. US sales jumped more than expected. The weekly USD/CAD forecast…
The dollar had one of its best weeks in more than a month. Powell took a more hawkish tone on Thursday. The Australian economy added 15,900 jobs, compared with estimates…
The UK economy shrank unexpectedly in October. The pound has lost nearly 2% against the dollar this week. Market participants await the US retail sales report. GBP/USD price analysis shows…
Consumer prices in the US rose by 0.2% in October. Traders expect Trump's policies to trigger inflation and pause or significantly slow the Fed's rate cuts. BoE's Catherine Mann noted…
The yen has lost about 30 percent of its value against the dollar since 2020. US Treasury yields and the dollar have risen since Trump won. US consumer inflation rose…
Markets are bracing for upcoming US consumer inflation data. Markets estimate a 69% chance of a December Fed rate cut. Data from Australia showed strong consumer and business sentiment. AUD/USD…
Economists expect the US monthly CPI to rise by 0.2%. Trump's import tariffs will affect the Canadian economy. OPEC lowered the forecast for oil demand growth this year and in…