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Read more about the article GBP/USD Outlook: Sterling Rallies as UK Jobless Rate Falls

GBP/USD Outlook: Sterling Rallies as UK Jobless Rate Falls

  • Post author:admin
  • Post published:August 13, 2024
  • Post category:news
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The UK unemployment rate fell from 4.4% in May to 4.2% in June. After the UK jobs report, investors cut the likelihood of a September BoE cut from 38% to…

Continue ReadingGBP/USD Outlook: Sterling Rallies as UK Jobless Rate Falls
Read more about the article AUD/USD Price Analysis: Aussie Advances Despite Mixed Data

AUD/USD Price Analysis: Aussie Advances Despite Mixed Data

  • Post author:admin
  • Post published:August 13, 2024
  • Post category:news
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In Q2, wages in Australia rose slowly over the year. Employment in Australia rose, leading to improved business conditions in July. Traders are on edge, awaiting US figures on wholesale…

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Read more about the article USD/JPY Forecast: Dollar Remains Firm After Jobless Claims Data

USD/JPY Forecast: Dollar Remains Firm After Jobless Claims Data

  • Post author:admin
  • Post published:August 12, 2024
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U.S. jobless claims data showed a bigger-than-expected drop on Thursday. Investors expect the Fed to cut borrowing costs by 100 basis points this year. Economists expect US inflation to remain…

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Read more about the article AUD/USD Outlook: RBA Uncertain About Inflation

AUD/USD Outlook: RBA Uncertain About Inflation

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  • Post published:August 12, 2024
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The outlook for the Australian economy and inflation will depend on the data. RBA forecasts show that inflation will only reach the target of 2-3% at the end of 2025.…

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Read more about the article USD/CAD Weekly Forecast: Fed Cut and Oil Rally Trigger Bears

USD/CAD Weekly Forecast: Fed Cut and Oil Rally Trigger Bears

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  • Post published:August 10, 2024
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Expectations of a Fed rate cut put pressure on the dollar. The Canadian dollar had a strong week as oil prices rose. Investors await US inflation data. The USD/CAD weekly…

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Read more about the article GBP/USD Weekly Forecast: BoE Confident to Cut Rates Further

GBP/USD Weekly Forecast: BoE Confident to Cut Rates Further

  • Post author:admin
  • Post published:August 10, 2024
  • Post category:news
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US service sector PMI data showed expansion. US jobless claims fell, pointing to a still tight labor market. The pound fell as markets mulled the Bank of England's first interest…

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Read more about the article GBP/USD Price Analysis: Pound Rebounds as Risk Appetite Grows

GBP/USD Price Analysis: Pound Rebounds as Risk Appetite Grows

  • Post author:admin
  • Post published:August 9, 2024
  • Post category:news
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The BoE implemented its first rate cut last week. Core inflation in the UK remains high. Recession fears in the US eased after upbeat employment data. GBP/USD price analysis shows…

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Read more about the article USD/JPY Outlook: Fewer Jobless Claims Boost Dollar

USD/JPY Outlook: Fewer Jobless Claims Boost Dollar

  • Post author:admin
  • Post published:August 9, 2024
  • Post category:news
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US jobless claims fell to 233,000. Despite signs of weakness, the US labor market remains resilient. BoJ minutes on Thursday showed a hawkish tone among policymakers. USD/JPI outlook tilts bullish…

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Read more about the article AUD/USD Forecast: Aussie Rises Amid Hawkish RBA Tone

AUD/USD Forecast: Aussie Rises Amid Hawkish RBA Tone

  • Post author:admin
  • Post published:August 8, 2024
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RBA Governor Michelle Bullock said the central bank will not hesitate to raise interest rates. The probability of an RBA rate cut in November fell to 46%. The US dollar…

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Read more about the article USD/CAD Outlook: Loonie Extends Gains Amid Oil Rally

USD/CAD Outlook: Loonie Extends Gains Amid Oil Rally

  • Post author:admin
  • Post published:August 8, 2024
  • Post category:news
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Weakness in the US labor market will increase the urgency of the Fed's rate cuts. Investors will now await next week's US CPI report. The Canadian dollar strengthened as oil…

Continue ReadingUSD/CAD Outlook: Loonie Extends Gains Amid Oil Rally
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