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Read more about the article USD/JPY Outlook: Dollar Shines on Rate Cut Outlook

USD/JPY Outlook: Dollar Shines on Rate Cut Outlook

  • Post author:admin
  • Post published:April 15, 2024
  • Post category:news
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The USD/JPI pair rose well above the $152 level. Haven demand for the dollar increased after Iran attacked Israel over the weekend. Investors are now watching the $155 level for…

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Read more about the article USD/CAD Forecast: Canadian Dollar Near Recent 5-Month Lows

USD/CAD Forecast: Canadian Dollar Near Recent 5-Month Lows

  • Post author:admin
  • Post published:April 15, 2024
  • Post category:news
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Data from the US last week indicated higher-than-expected inflation in the country. Investors have pushed back the possible timing of the Fed's first tapering to July or September. Canada's economy…

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Read more about the article AUD/USD Weekly Forecast: Aussie Tumbles Amid Dollar Rally

AUD/USD Weekly Forecast: Aussie Tumbles Amid Dollar Rally

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  • Post published:April 14, 2024
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By Friday, investors were still soaking up the US CPI report. Investors believe the Fed will implement its first rate cut in September. Next week, Australia will reveal the state…

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Read more about the article GBP/USD Weekly Forecast: Fed’s Delayed Cut Weighs on Pound

GBP/USD Weekly Forecast: Fed’s Delayed Cut Weighs on Pound

  • Post author:admin
  • Post published:April 13, 2024
  • Post category:news
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The dollar strengthened amid falling expectations of a rate cut. Markets now predict just two Fed rate cuts this year. Next week, investors will focus on retail sales data from…

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Read more about the article USD/JPY Price Spikes Up, Showing Exhaustion Signs

USD/JPY Price Spikes Up, Showing Exhaustion Signs

  • Post author:admin
  • Post published:April 12, 2024
  • Post category:news
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Bias remains bullish despite minor dips. The bear formation is far from confirmed. A new lower low activates a corrective phase. The price of USD/JPI rose to 153.38 today, marking…

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Read more about the article EUR/USD Price Analysis: Euro Tumbles Amid ECB’s Cut in June

EUR/USD Price Analysis: Euro Tumbles Amid ECB’s Cut in June

  • Post author:admin
  • Post published:April 12, 2024
  • Post category:news
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An ECB survey of economists confirmed that inflation in the eurozone will fall to 2%. The ECB kept interest rates on hold on Thursday and hinted at the first rate…

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Read more about the article GBP/USD Outlook: Pound Slides Despite UK Economic Growth

GBP/USD Outlook: Pound Slides Despite UK Economic Growth

  • Post author:admin
  • Post published:April 12, 2024
  • Post category:news
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The UK economy grew in February, indicating a gradual exit from a shallow recession. After the US inflation report, investors changed their outlook for a Fed rate cut. Traders pushed…

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Read more about the article EUR/USD Forecast: Plummets After Upbeat US CPI, Eyes on ECB

EUR/USD Forecast: Plummets After Upbeat US CPI, Eyes on ECB

  • Post author:admin
  • Post published:April 11, 2024
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The US released another higher-than-expected inflation reading. Investors have pushed back the timing of the Fed's first rate cut to September. Markets are almost entirely pricing in the ECB's first…

Continue ReadingEUR/USD Forecast: Plummets After Upbeat US CPI, Eyes on ECB
Read more about the article Gold Price Tumbles After US Inflation, Focus on US PPI

Gold Price Tumbles After US Inflation, Focus on US PPI

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  • Post published:April 11, 2024
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Bottom pressure is high after breaking out of the flag pattern. The pivot point is seen as a potential target. ECB press conference and US data should move course. The…

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Read more about the article USD/CAD Outlook: Bullish as BoC-Fed Divergence Widens

USD/CAD Outlook: Bullish as BoC-Fed Divergence Widens

  • Post author:admin
  • Post published:April 11, 2024
  • Post category:news
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US headline inflation rose 0.4% month-on-month and 3.5% year-on-year. Investors now expect the Fed's first tapering in September. Governor Tiff Macklem said the BoC is likely to cut rates in…

Continue ReadingUSD/CAD Outlook: Bullish as BoC-Fed Divergence Widens
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