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Read more about the article EUR/USD Weekly Forecast: Fed Takes More Conservative Stance

EUR/USD Weekly Forecast: Fed Takes More Conservative Stance

  • Post author:admin
  • Post published:October 13, 2024
  • Post category:news
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Most Fed policymakers agreed to cut borrowing costs by 50 basis points. The U.S. consumer price index rose 2.4% year-on-year, above estimates. Markets have reduced the chances of a November…

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Read more about the article AUD/USD Weekly Forecast: US Data Dims Fed’s Move in Nov

AUD/USD Weekly Forecast: US Data Dims Fed’s Move in Nov

  • Post author:admin
  • Post published:October 12, 2024
  • Post category:news
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The US CPI number was higher than expected, showing increased pressure on prices. Wholesale inflation missed forecasts, weakening the dollar. The US will release retail sales data showing consumer spending.…

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Read more about the article GBP/USD Price Analysis: UK GDP Growth Sparks Rebound

GBP/USD Price Analysis: UK GDP Growth Sparks Rebound

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  • Post published:October 11, 2024
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The UK economy grew by 0.2%, which is in line with economists' forecasts. The US CPI report revealed that inflation was higher than expected in September. US jobless claims rose…

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Read more about the article USD/CAD Outlook: Upbeat US CPI Sparks Strong Rally

USD/CAD Outlook: Upbeat US CPI Sparks Strong Rally

  • Post author:admin
  • Post published:October 11, 2024
  • Post category:news
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Thursday's data showed that inflation rose more than expected in September. US jobless claims rose to 258,000 compared to estimates of 230,000. The Canadian economy could add 29,800 jobs, up…

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Read more about the article USD/JPY Forecast: Bullish Optimism Fades Ahead of CPI Data

USD/JPY Forecast: Bullish Optimism Fades Ahead of CPI Data

  • Post author:admin
  • Post published:October 10, 2024
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The USD/JPI bullish trend continued at a slower pace. Market participants cut bets on a November Fed rate cut of 50 basis points. Economists expect inflation to decrease from 2.5%…

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Read more about the article Gold Outlook: Gold Edges Higher as Traders Brace for US CPI

Gold Outlook: Gold Edges Higher as Traders Brace for US CPI

  • Post author:admin
  • Post published:October 10, 2024
  • Post category:news
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The US will release a key economic report showing the state of inflation. US price pressures could rise by 2.3%, below the previous month's 2.5% increase. Signs that the war…

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Read more about the article GBP/USD Forecast: Consolidating at Fresh Lows, Eyes on CPI

GBP/USD Forecast: Consolidating at Fresh Lows, Eyes on CPI

  • Post author:admin
  • Post published:October 9, 2024
  • Post category:news
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Traders are still digesting last week's events BoE Governor Andrew Bailey said the central bank could turn to aggressive cuts. The US NFP report revealed an unexpected 254,000 new jobs…

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Read more about the article EUR/USD Price Analysis: Markets Brace for More ECB Rate Cuts

EUR/USD Price Analysis: Markets Brace for More ECB Rate Cuts

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  • Post published:October 9, 2024
  • Post category:news
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Economists believe that the European Central Bank will cut rates in October and December. Eurozone inflation fell below 2% in September. Traders will go through the minutes of the Fed…

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Read more about the article AUD/USD Outlook: Aussie Nosedives After RBA Minutes

AUD/USD Outlook: Aussie Nosedives After RBA Minutes

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  • Post published:October 8, 2024
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The Australian dollar fell after the minutes of the RBA meeting sounded a bit dovish. The US economy added an unexpected 254,000 jobs in September. Economists expect price pressures in…

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Read more about the article USD/CAD Price Analysis: Oil Slump Drags CAD Down

USD/CAD Price Analysis: Oil Slump Drags CAD Down

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  • Post published:October 8, 2024
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Oil prices fell as fears of supply disruptions eased. The pair got a boost from Friday's upbeat US non-farm payrolls report. Traders estimate an 86% chance of a 50 bps…

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