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Read more about the article EUR/USD Outlook: ECB’s Cut Expectations in Dec Mount

EUR/USD Outlook: ECB’s Cut Expectations in Dec Mount

  • Post author:admin
  • Post published:October 18, 2024
  • Post category:news
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The ECB cut interest rates by 25 basis points on Thursday, following a similar move at its September meeting. The Eurozone economy performed poorly compared to the US. The data…

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Read more about the article GBP/USD Price Analysis: Upbeat UK Sales Spark Sentiment Shift

GBP/USD Price Analysis: Upbeat UK Sales Spark Sentiment Shift

  • Post author:admin
  • Post published:October 18, 2024
  • Post category:news
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UK sales rose 0.3% in September. Retail sales in the US jumped 0.4% in September. Traders are closely following the upcoming US presidential election. GBP/USD price analysis points to a…

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Read more about the article AUD/USD Outlook: Upbeat Australian Jobs Briefly Lifts Aussie

AUD/USD Outlook: Upbeat Australian Jobs Briefly Lifts Aussie

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  • Post published:October 17, 2024
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The Australian economy added 64,100 jobs in September, well above forecasts of 25,000. The Australians pulled back as China's stimulus disappointed. The US dollar remained solid as investors weighed in…

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Read more about the article EUR/USD Forecast: Euro Slips in Anticipation of ECB Rate Cut

EUR/USD Forecast: Euro Slips in Anticipation of ECB Rate Cut

  • Post author:admin
  • Post published:October 17, 2024
  • Post category:news
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Market participants expect the ECB to cut interest rates. The dollar rose on increasing bets on a Trump victory. Traders await the US retail sales report for more clues on…

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Read more about the article USD/CAD Price Analysis: CPI-led Rally Fades Below 1.3800

USD/CAD Price Analysis: CPI-led Rally Fades Below 1.3800

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  • Post published:October 16, 2024
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Annual inflation in Canada decreased more than expected to 1.6% in September. Market participants increased the probability of a 50 basis point rate cut from 50% to 74%. Traders await…

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Read more about the article GBP/USD Forecast: Pound Sinks Amid Downbeat UK Inflation

GBP/USD Forecast: Pound Sinks Amid Downbeat UK Inflation

  • Post author:admin
  • Post published:October 16, 2024
  • Post category:news
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UK inflation fell sharply from 2.2% to 1.7% in September. Services inflation, a key measure for the BoE, fell from 5.6% to 4.9%. The Fed's Raphael Bostic said he expects…

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Read more about the article USD/CAD Outlook: Oil Dip, Strong Dollar Urge for a Rally

USD/CAD Outlook: Oil Dip, Strong Dollar Urge for a Rally

  • Post author:admin
  • Post published:October 15, 2024
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The US dollar has recently risen due to a change in the Fed's policy outlook. The loonie fell as oil prices fell 3%. Traders brace for Canadian inflation data. The…

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Read more about the article GBP/USD Price Analysis: Sterling Gains Despite Downbeat Data

GBP/USD Price Analysis: Sterling Gains Despite Downbeat Data

  • Post author:admin
  • Post published:October 15, 2024
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Average weekly earnings in the UK met forecasts of 4.9%. Market participants maintained the chances of a November BoE rate cut to 80%. The dollar remained firm due to a…

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Read more about the article USD/JPY Outlook: Dollar Extends Gains After Upbeat CPI

USD/JPY Outlook: Dollar Extends Gains After Upbeat CPI

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  • Post published:October 14, 2024
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The dollar strengthened last week after consumer inflation data rose more than expected. Traders give the Fed a 91% chance of cutting borrowing costs by 25 basis points in November.…

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Read more about the article GBP/USD Forecast: US Inflation Data Triggers Indecision

GBP/USD Forecast: US Inflation Data Triggers Indecision

  • Post author:admin
  • Post published:October 14, 2024
  • Post category:news
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US CPI rose 0.3% in September, beating forecasts for a 0.2% gain. Market participants estimate a 91% chance of a November Fed rate cut of 25 basis points. US producer…

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