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Read more about the article EUR/USD Forecast: French Election Results Lift Euro

EUR/USD Forecast: French Election Results Lift Euro

  • Post author:admin
  • Post published:July 1, 2024
  • Post category:news
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Elections in France put the far-right National Assembly party in first place. ECB policymakers remain confident that inflation will reach the target. The core US PCE price index was down…

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Read more about the article USD/CAD Outlook: GDP Growth Keeps Canadian Dollar Firm

USD/CAD Outlook: GDP Growth Keeps Canadian Dollar Firm

  • Post author:admin
  • Post published:July 1, 2024
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The Canadian dollar ended the month lower by 0.3%, weakened by the Bank of Canada's first interest rate cut. Canada's gross domestic product rose 0.3% in April, as expected. The…

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Read more about the article USD/JPY Weekly Forecast: Japan-US Rate Gap Weighs on Yen

USD/JPY Weekly Forecast: Japan-US Rate Gap Weighs on Yen

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  • Post published:June 30, 2024
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The yen hit a fresh 38-year low and sparked concerns for an intervention. A pick-up in Tokyo inflation boosted the chances of a BoJ hike in July. The US core…

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Read more about the article EUR/USD Weekly Forecast: Softer Inflation Fuels Fed Cut Bets

EUR/USD Weekly Forecast: Softer Inflation Fuels Fed Cut Bets

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  • Post published:June 29, 2024
  • Post category:news
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The EUR/USD weekly forecast was overshadowed as the US economy grew at a faster rate of 1.4% in Q1. The core US PCE report showed softer inflation. The primary focus…

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Read more about the article USD/JPY Price Analysis: Testing 38-Year Top Ahead of US PCE

USD/JPY Price Analysis: Testing 38-Year Top Ahead of US PCE

  • Post author:admin
  • Post published:June 28, 2024
  • Post category:news
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The dollar has rallied since the start of the year on falling expectations of a Fed rate cut. The US economy grew at a rate of 1.4% in the first…

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Read more about the article GBP/USD Outlook: No Respite as US PCE Looms

GBP/USD Outlook: No Respite as US PCE Looms

  • Post author:admin
  • Post published:June 28, 2024
  • Post category:news
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The dollar is headed for a second quarter of growth as expectations for a Fed rate cut fall. Market participants will pay close attention to the PCE Price Index report.…

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Read more about the article USD/CAD Forecast: Falling BoC Rate Cut Bets Boost CAD

USD/CAD Forecast: Falling BoC Rate Cut Bets Boost CAD

  • Post author:admin
  • Post published:June 27, 2024
  • Post category:news
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The Canadian dollar has fallen since Tuesday despite an unexpected jump in Canadian inflation. Inflation in Canada rose at an annual rate of 2.9% in May. The dollar strengthened on…

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Read more about the article EUR/USD Outlook: Dollar Remains Strong Amid Yen’s Decline

EUR/USD Outlook: Dollar Remains Strong Amid Yen’s Decline

  • Post author:admin
  • Post published:June 27, 2024
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On Wednesday, the yen fell to a 38-year low. Investors remained cautious ahead of the French elections. Policymakers remain confident that inflation in the eurozone will reach the 2% target.…

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Read more about the article USD/JPY Forecast: Dollar Surges to Critical $160.00 Level

USD/JPY Forecast: Dollar Surges to Critical $160.00 Level

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  • Post published:June 26, 2024
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The dollar rose on Tuesday after Fed policymakers maintained a cautious tone. Lisa Cook's Fed rate cut would depend on incoming data. The BoJ is under heavy pressure to raise…

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Read more about the article AUD/USD Price Analysis: Aussie Rallies on Inflation Surge

AUD/USD Price Analysis: Aussie Rallies on Inflation Surge

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  • Post published:June 26, 2024
  • Post category:news
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Inflation in Australia rose at an annual rate of 4.0% in May. The probability of an RBA rate hike in November has risen to 60%. Markets are eagerly awaiting the…

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