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Read more about the article USD/CAD Outlook: Downbeat Data Weakens Canadian Dollar

USD/CAD Outlook: Downbeat Data Weakens Canadian Dollar

  • Post author:admin
  • Post published:November 11, 2024
  • Post category:news
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The data revealed that the Canadian economy added just 14,500 jobs. Market participants estimate a 60% chance of a 50 bps BoC rate cut in December. Traders are eagerly awaiting…

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Read more about the article GBP/USD Weekly Forecast: BoE Rate Cut Weighs on Pound

GBP/USD Weekly Forecast: BoE Rate Cut Weighs on Pound

  • Post author:admin
  • Post published:November 10, 2024
  • Post category:news
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Republican candidate Donald Trump won the US presidential election. The Bank of England cut interest rates by 25 basis points as expected. Next week, the US will release data on…

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Read more about the article AUD/USD Weekly Forecast: Trump’s Win Supports Strong Dollar

AUD/USD Weekly Forecast: Trump’s Win Supports Strong Dollar

  • Post author:admin
  • Post published:November 9, 2024
  • Post category:news
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The Reserve Bank of Australia kept rates unchanged, maintaining its cautious tone. Trump's victory was bullish for the dollar as his policies could raise inflation and interest rates. The US…

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Read more about the article AUD/USD Price Analysis: Risk Appetite Surges Post-Trump Win

AUD/USD Price Analysis: Risk Appetite Surges Post-Trump Win

  • Post author:admin
  • Post published:November 8, 2024
  • Post category:news
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The risk-sensitive Australian dollar surged after Trump won the US election. The US central bank cut borrowing costs by 25 basis points. A Trump presidency is likely to lead to…

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Read more about the article GBP/USD Outlook: Pound Eases as Traders Lock in Profits

GBP/USD Outlook: Pound Eases as Traders Lock in Profits

  • Post author:admin
  • Post published:November 8, 2024
  • Post category:news
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The Bank of England cut rates by 25 basis points. Markets expect two to three BoE rate cuts in 2025. The Federal Reserve also cut borrowing costs by 25=bps. The…

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Read more about the article EUR/USD Outlook: Euro Finds Footing After Trump Trade Decline

EUR/USD Outlook: Euro Finds Footing After Trump Trade Decline

  • Post author:admin
  • Post published:November 7, 2024
  • Post category:news
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The dollar had a strong bullish day on Wednesday after Trump won the election. Market participants are preparing for a rate cut during the FOMC policy meeting. The US reported…

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Read more about the article USD/JPY Forecast: Rally Pauses as Investors Await Fed Rate Cut

USD/JPY Forecast: Rally Pauses as Investors Await Fed Rate Cut

  • Post author:admin
  • Post published:November 7, 2024
  • Post category:news
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Trump won the US presidential election. The Federal Reserve is likely to cut rates by 25 bps later today. The probability of a December Fed rate cut fell from 77%…

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Read more about the article USD/CAD Price Analysis: Dollar Rebounds as Trump Leads

USD/CAD Price Analysis: Dollar Rebounds as Trump Leads

  • Post author:admin
  • Post published:November 6, 2024
  • Post category:news
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It is clear that Trump will be the next president. Economists predict slower job growth in Canada. Market focus shifts to the FOMC policy meeting. USD/CAD price analysis points to…

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Read more about the article GBP/USD Forecast: Pound Collapses as Trump Secures Victory

GBP/USD Forecast: Pound Collapses as Trump Secures Victory

  • Post author:admin
  • Post published:November 6, 2024
  • Post category:news
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The vote reveals that Trump will be the next president of the United States. Data on Friday revealed a poor performance in the US labor market. The Bank of England…

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Read more about the article EUR/USD Outlook: Dollar Strains as Trump Trade Fades

EUR/USD Outlook: Dollar Strains as Trump Trade Fades

  • Post author:admin
  • Post published:November 5, 2024
  • Post category:news
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Kamala Harris became more popular, which led to the unwinding of the Trump trade. Market participants await the FOMC policy meeting. Experts believe that Trump's policy changes will increase inflation.…

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