USD/CAD Outlook: Surges Amid Escalating Middle East Tensions
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…
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…
This week's main events include the Fed policy meeting and the NFP. The probability of a Fed rate cut this week is below 5%. The ECB's Schnabel said rising service…
The Bank of Canada made its second interest rate cut on Wednesday. Investors are pricing in a 70% chance the BoC will cut rates in September. US inflation rose modestly,…
Investors fully expect two interest rate cuts from the BoE by December. Data on business activity in the US and UK showed further expansion in June. Investors will pay close…
Investors increased bets on a BoJ rate hike next week. US GDP data for Q2 was 2.8%, well above the forecast of 2.0%. Investors are waiting for the meetings of…