EUR/USD Forecast: French Election Results Lift Euro
Elections in France put the far-right National Assembly party in first place. ECB policymakers remain confident that inflation will reach the target. The core US PCE price index was down…
Elections in France put the far-right National Assembly party in first place. ECB policymakers remain confident that inflation will reach the target. The core US PCE price index was down…
The Canadian dollar ended the month lower by 0.3%, weakened by the Bank of Canada's first interest rate cut. Canada's gross domestic product rose 0.3% in April, as expected. The…
The yen hit a fresh 38-year low and sparked concerns for an intervention. A pick-up in Tokyo inflation boosted the chances of a BoJ hike in July. The US core…
The EUR/USD weekly forecast was overshadowed as the US economy grew at a faster rate of 1.4% in Q1. The core US PCE report showed softer inflation. The primary focus…
The dollar has rallied since the start of the year on falling expectations of a Fed rate cut. The US economy grew at a rate of 1.4% in the first…
The dollar is headed for a second quarter of growth as expectations for a Fed rate cut fall. Market participants will pay close attention to the PCE Price Index report.…
The Canadian dollar has fallen since Tuesday despite an unexpected jump in Canadian inflation. Inflation in Canada rose at an annual rate of 2.9% in May. The dollar strengthened on…
On Wednesday, the yen fell to a 38-year low. Investors remained cautious ahead of the French elections. Policymakers remain confident that inflation in the eurozone will reach the 2% target.…
The dollar rose on Tuesday after Fed policymakers maintained a cautious tone. Lisa Cook's Fed rate cut would depend on incoming data. The BoJ is under heavy pressure to raise…
Inflation in Australia rose at an annual rate of 4.0% in May. The probability of an RBA rate hike in November has risen to 60%. Markets are eagerly awaiting the…