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Read more about the article AUD/USD Forecast: Dollar Dips as CPI Misses Forecast

AUD/USD Forecast: Dollar Dips as CPI Misses Forecast

  • Post author:admin
  • Post published:May 15, 2024
  • Post category:news
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US consumer prices rose 0.3% in April, down from a 0.4% increase the previous month. US retail sales fell to 0.0% from 0.7% the previous month. Wage growth in Australia…

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Read more about the article GBP/USD Price Analysis: Dollar Softens Post PPI, Eyes on CPI

GBP/USD Price Analysis: Dollar Softens Post PPI, Eyes on CPI

  • Post author:admin
  • Post published:May 15, 2024
  • Post category:news
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The US released producer price index (PPI) data that was warmer than expected. Investors expect just 44 basis points of Fed rate cuts in 2024. UK wages minus bonuses rose…

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Read more about the article EUR/USD Outlook: Euro Steadies Ahead of US PPI Data

EUR/USD Outlook: Euro Steadies Ahead of US PPI Data

  • Post author:admin
  • Post published:May 14, 2024
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Business activity in the Eurozone grew at a faster pace than in the US in April. The euro has lost almost 2.5 percent of its value against the dollar this…

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Read more about the article USD/JPY Price Analysis: Yen Slips to 2-Week Low Before Inflation

USD/JPY Price Analysis: Yen Slips to 2-Week Low Before Inflation

  • Post author:admin
  • Post published:May 14, 2024
  • Post category:news
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The dollar strengthened as investors prepared for US PPI and CPI reports. There is a 50% chance that the Fed will cut in September. Economists expect US consumer inflation to…

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Read more about the article USD/CAD Outlook: Bearish Pressure Amid Canada’s Jobs Surge

USD/CAD Outlook: Bearish Pressure Amid Canada’s Jobs Surge

  • Post author:admin
  • Post published:May 13, 2024
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The Canadian dollar gained on Friday after data showed Canada added 90,400 jobs. The likelihood of a June BoC cut fell to 44% after the Canadian jobs report. US data…

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Read more about the article AUD/USD Forecast: Dollar Consolidates Ahead of Key Data

AUD/USD Forecast: Dollar Consolidates Ahead of Key Data

  • Post author:admin
  • Post published:May 13, 2024
  • Post category:news
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Investors are eagerly awaiting US inflation data. There is a 61.2% chance the Fed will cut rates in September. The Australian government expects inflation to reach the central bank's target…

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Read more about the article EUR/USD Weekly Forecast: Easing US Jobs Market Boosts Eur

EUR/USD Weekly Forecast: Easing US Jobs Market Boosts Eur

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  • Post published:May 12, 2024
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US jobless claims rose to 231,000 more than expected last week. Markets are predicting two Fed taperings in 2024, with the first likely in September. Next week, the US will…

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Read more about the article AUD/USD Weekly Forecast: Greenback Weak, Focus on US CPI

AUD/USD Weekly Forecast: Greenback Weak, Focus on US CPI

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  • Post published:May 11, 2024
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The RBA was not as hawkish as most expected. Australia recently released better-than-expected figures for Q1 inflation and employment. The dollar was weak after jobless claims jumped. AUD/USD weekly forecast…

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Read more about the article GBP/USD Outlook: Pound Rallies on the Heels of Strong GDP Data

GBP/USD Outlook: Pound Rallies on the Heels of Strong GDP Data

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  • Post published:May 10, 2024
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The UK economy grew the most in almost three years in Q1. US data revealed a sharp jump in initial jobless claims to an 8-month high. Another BoE policymaker voted…

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Read more about the article USD/JPY Price Analysis: Yen Slips on Weaker Consumer Spending

USD/JPY Price Analysis: Yen Slips on Weaker Consumer Spending

  • Post author:admin
  • Post published:May 10, 2024
  • Post category:news
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Consumer spending in Japan fell for a 13th month in March. Economists in a Reuters poll expect Japan's economy to shrink in Q1. There was an unexpected increase in initial…

Continue ReadingUSD/JPY Price Analysis: Yen Slips on Weaker Consumer Spending
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