USD/CAD Price Analysis: Dollar Rebounds as Trump Leads
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…
GBP/USD Forecast: Pound Collapses as Trump Secures Victory
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…
EUR/USD Outlook: Dollar Strains as Trump Trade Fades
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.…
AUD/USD Price Analysis: Aussie Bulls Cheer RBA’s Hawkish Tone
The Reserve Bank of Australia kept interest rates unchanged. Core inflation in Australia remains high at 3.5%. The dollar was vulnerable on US election day. AUD/USD price analysis points to…
USD/JPY Forecast: Yen Finds Relief Before US Election
Market participants are eagerly awaiting the outcome of the presidential elections. The US economy added only 12,000 jobs in October. The yen remained steady after the BoJ policy meeting. The…
USD/CAD Outlook: Cautious Sentiment Ahead of US Election Day
Most market participants are waiting for the outcome of the US presidential elections. Canada's manufacturing sector expanded further in October. The data revealed that the US economy added just 12,000…
GBP/USD Weekly Forecast: BoE and US Election Uncertainty
The US economy grew by 2.8%, below estimates of 3.0%. The US reported dismal job growth in October. Market participants will focus on the Bank of England's policy meeting. The…
AUD/USD Weekly Forecast: Uncertainty Ahead of Election Week
Inflation in Australia has decreased from 2.7% to 2.1% per annum. The US economy added 12,000 jobs, well below the forecast of 106,000. Traders will be watching the RBA and…
USD/CAD Price Analysis: Dollar Slips After Weak NFP
The US economy added only 12,000 jobs in October. The Canadian economy was unchanged in August. US core PCE rose 0.3%, leaving Fed rate cut bets unchanged. USD/CAD price analysis…
AUD/USD Outlook: Dollar Soars Ahead of US NFP
Thursday's data showed the core PCE price index rose 0.3%. Initial US jobless claims fell to 216,000, missing estimates of 229,000 claims. Economists do not expect a rate cut in…
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