USD/CAD Weekly Forecast: Stronger Dollar Amid Geopolitics
The US manufacturing PMI fell from 48.5 in June to 46.8 in July. US job growth slowed in July. The dollar remained strong on safe-haven demand. The weekly USD/CAD forecast…
The US manufacturing PMI fell from 48.5 in June to 46.8 in July. US job growth slowed in July. The dollar remained strong on safe-haven demand. The weekly USD/CAD forecast…
Australia's CPI showed cooler-than-expected underlying price pressures. Business activity in the US manufacturing sector fell to the lowest level in the last 8 months. US non-farm payrolls missed forecasts. The…
The Bank of England kicked off a cycle of interest rate cuts on Thursday with a quarter-point cut. The US ISM manufacturing PMI fell to an 8-month low of 46.8…
The yen's gains extended in August as investors raised bets on a Fed rate cut. Business activity in the US manufacturing sector fell to an eight-month low. Markets were pricing…
Iran has killed the leader of Hamas, escalating tensions in the Middle East. The Fed has opened the door for a September rate cut. The data revealed a stronger-than-expected expansion…
The dollar rose as geopolitical tensions escalated in the Middle East. The Fed kept rates on hold but opened the door to a rate cut in September. Eurozone inflation rose…
Inflation in Australia eased from 4.0% to 3.8% as expected. Investors expect the first RBA reduction in November. The dollar oscillated as investors held their breath ahead of the Fed's…
Yen is headed for a 5% monthly gain. The Bank of Japan raised rates by 25 basis points. Investors are cautious ahead of the Fed's policy meeting. The USD/JPI forecast…
Last week, the yen gained over 2% against the US dollar. The BoJ could raise rates by 10 bps. The Fed is likely to keep rates unchanged. The USD/JPI outlook…
There is a 60% chance the BoE will cut rates on Thursday. Services inflation in the UK has remained stubbornly high. Investors are hoping for a signal that the Fed…