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Read more about the article AUD/USD Forecast: Surprising Job Growth Triggers Rally

AUD/USD Forecast: Surprising Job Growth Triggers Rally

  • Post author:admin
  • Post published:August 15, 2024
  • Post category:news
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Employment in Australia rose by 58,200 in July. The probability of an RBA rate cut in November fell from 55% to 45%. The US dollar was on the back foot…

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Read more about the article GBP/USD Outlook: Pound Climbs as UK GDP Meets Forecast

GBP/USD Outlook: Pound Climbs as UK GDP Meets Forecast

  • Post author:admin
  • Post published:August 15, 2024
  • Post category:news
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The data shows that the UK economy grew by 0.6% in Q2. Markets now see a 25 basis point Fed rate cut as more likely. Investors await the US retail…

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Read more about the article EUR/USD Price Analysis: Soft US Inflation Fuels Euro Above 1.10

EUR/USD Price Analysis: Soft US Inflation Fuels Euro Above 1.10

  • Post author:admin
  • Post published:August 14, 2024
  • Post category:news
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The dollar weakened after data showed PPI rose less than 0.1% in July. The probability of a 50 basis point Fed rate cut in September rose from 50% to 53.5%.…

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Read more about the article GBP/USD Forecast: BoE to Cut Further Amid Easing UK CPI

GBP/USD Forecast: BoE to Cut Further Amid Easing UK CPI

  • Post author:admin
  • Post published:August 14, 2024
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The consumer price index in Great Britain rose by 2.2 percent less than expected in July. UK services inflation rose 5.2% in July after increasing 5.7% in the previous month.…

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Read more about the article GBP/USD Outlook: Sterling Rallies as UK Jobless Rate Falls

GBP/USD Outlook: Sterling Rallies as UK Jobless Rate Falls

  • Post author:admin
  • Post published:August 13, 2024
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The UK unemployment rate fell from 4.4% in May to 4.2% in June. After the UK jobs report, investors cut the likelihood of a September BoE cut from 38% to…

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Read more about the article AUD/USD Price Analysis: Aussie Advances Despite Mixed Data

AUD/USD Price Analysis: Aussie Advances Despite Mixed Data

  • Post author:admin
  • Post published:August 13, 2024
  • Post category:news
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In Q2, wages in Australia rose slowly over the year. Employment in Australia rose, leading to improved business conditions in July. Traders are on edge, awaiting US figures on wholesale…

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Read more about the article USD/JPY Forecast: Dollar Remains Firm After Jobless Claims Data

USD/JPY Forecast: Dollar Remains Firm After Jobless Claims Data

  • Post author:admin
  • Post published:August 12, 2024
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U.S. jobless claims data showed a bigger-than-expected drop on Thursday. Investors expect the Fed to cut borrowing costs by 100 basis points this year. Economists expect US inflation to remain…

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Read more about the article AUD/USD Outlook: RBA Uncertain About Inflation

AUD/USD Outlook: RBA Uncertain About Inflation

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  • Post published:August 12, 2024
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The outlook for the Australian economy and inflation will depend on the data. RBA forecasts show that inflation will only reach the target of 2-3% at the end of 2025.…

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Read more about the article USD/CAD Weekly Forecast: Fed Cut and Oil Rally Trigger Bears

USD/CAD Weekly Forecast: Fed Cut and Oil Rally Trigger Bears

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  • Post published:August 10, 2024
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Expectations of a Fed rate cut put pressure on the dollar. The Canadian dollar had a strong week as oil prices rose. Investors await US inflation data. The USD/CAD weekly…

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Read more about the article GBP/USD Weekly Forecast: BoE Confident to Cut Rates Further

GBP/USD Weekly Forecast: BoE Confident to Cut Rates Further

  • Post author:admin
  • Post published:August 10, 2024
  • Post category:news
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US service sector PMI data showed expansion. US jobless claims fell, pointing to a still tight labor market. The pound fell as markets mulled the Bank of England's first interest…

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