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Read more about the article EUR/USD Price Analysis: Euro Steadies as French Elections Loom

EUR/USD Price Analysis: Euro Steadies as French Elections Loom

  • Post author:admin
  • Post published:June 25, 2024
  • Post category:news
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The dollar fell ahead of more inflation data from the US. The euro could end the month with a loss of 1%. Markets will pay attention to Thursday's presidential debate.…

Continue ReadingEUR/USD Price Analysis: Euro Steadies as French Elections Loom
Read more about the article USD/CAD Outlook: BoC’s Economic Optimism Drives CAD Higher

USD/CAD Outlook: BoC’s Economic Optimism Drives CAD Higher

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  • Post published:June 25, 2024
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BoC Governor Tiff Macklem said the economy could grow as inflation eases. Traders have a 72% chance of another Bank of Canada cut in July. Economists expect data from the…

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Read more about the article GBP/USD Outlook: Minor Gains Amid Positive UK Retail Data

GBP/USD Outlook: Minor Gains Amid Positive UK Retail Data

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  • Post published:June 24, 2024
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Economists believe that a rate cut in the UK is imminent. UK sales rose 2.9% in May after falling 1.8% in April. Market participants await the US PCE price index…

Continue ReadingGBP/USD Outlook: Minor Gains Amid Positive UK Retail Data
Read more about the article USD/JPY Forecast: Sparking Intervention Worries Near 160.00

USD/JPY Forecast: Sparking Intervention Worries Near 160.00

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  • Post published:June 24, 2024
  • Post category:news
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The yen lost 1.4% against the dollar in June. The Bank of Japan has refrained from raising interest rates further due to weak economic demand. Investors are gearing up for…

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Read more about the article AUD/USD Weekly Forecast: Aussie Gains Amid Hawkish RBA

AUD/USD Weekly Forecast: Aussie Gains Amid Hawkish RBA

  • Post author:admin
  • Post published:June 23, 2024
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The Reserve Bank of Australia kept rates on hold but discussed the possibility of a hike. The US released data showing weaker-than-expected retail sales. Business activity data revealed stronger-than-expected expansion…

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Read more about the article USD/CAD Weekly Forecast: Markets Hold Bets For Sep Fed Cut

USD/CAD Weekly Forecast: Markets Hold Bets For Sep Fed Cut

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  • Post published:June 22, 2024
  • Post category:news
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US retail sales were weaker than expected, pointing to lower consumer spending. US continuous claims hit new highs, pointing to increased unemployment. Canada will release data on inflation and GDP,…

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Read more about the article USD/JPY Price Analysis: Yen Plummets to 7-Week Lows

USD/JPY Price Analysis: Yen Plummets to 7-Week Lows

  • Post author:admin
  • Post published:June 21, 2024
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Initial US jobless claims fell from 243,000 to 238,000 last week. The probability of a Fed tapering in September fell to 58%. The Swiss National Bank cut interest rates for…

Continue ReadingUSD/JPY Price Analysis: Yen Plummets to 7-Week Lows
Read more about the article GBP/USD Outlook: Dollar Soars to 5-Week High Against Pound

GBP/USD Outlook: Dollar Soars to 5-Week High Against Pound

  • Post author:admin
  • Post published:June 21, 2024
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The Swiss National Bank lowered interest rates on Thursday. The Bank of England kept rates at 5.25% after inflation data the previous day revealed a drop to 2%. BoE policymakers…

Continue ReadingGBP/USD Outlook: Dollar Soars to 5-Week High Against Pound
Read more about the article USD/CAD Outlook: Pair Edges Up Ahead of US Employment Data

USD/CAD Outlook: Pair Edges Up Ahead of US Employment Data

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  • Post published:June 20, 2024
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The dollar was higher on Thursday after weak trading in the previous session. The Fed remained somewhat hawkish despite the recent shift in economic data. API data revealed a rise…

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Read more about the article GBP/USD Forecast: Pound Slips as Markets Brace for BoE

GBP/USD Forecast: Pound Slips as Markets Brace for BoE

  • Post author:admin
  • Post published:June 20, 2024
  • Post category:news
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UK headline inflation returned to the 2% target for the first time in around three years. Economists expect the BoE's first rate cut in August and at least two more…

Continue ReadingGBP/USD Forecast: Pound Slips as Markets Brace for BoE
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