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Read more about the article EUR/USD Weekly Forecast: EU Inflation Rises, US Inflation Falls

EUR/USD Weekly Forecast: EU Inflation Rises, US Inflation Falls

  • Post author:admin
  • Post published:June 2, 2024
  • Post category:news
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Data on Friday revealed warmer-than-expected euro zone inflation in May. The core PCE price index report revealed a drop in US inflation Investors are eagerly awaiting the non-farm payrolls report.…

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Read more about the article USD/CAD Weekly Forecast: BoC Poised for Early Rate Cut

USD/CAD Weekly Forecast: BoC Poised for Early Rate Cut

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  • Post published:June 1, 2024
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Accelerated data on consumer confidence from the US caused the dollar to rise. Canadian GDP fell from 0.2% to 0.0% on a monthly basis. Markets are predicting a 60% chance…

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Read more about the article USD/JPY Outlook: Dollar Tumbles Following Downbeat GDP

USD/JPY Outlook: Dollar Tumbles Following Downbeat GDP

  • Post author:admin
  • Post published:May 31, 2024
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The US economy grew at an annual rate of 1.3% in Q1 compared to 1.6%. Investors are preparing for the US core PCE price index. Core consumer inflation increased in…

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Read more about the article GBP/USD Price Analysis: Dollar Rises in Wake of Inflation Data

GBP/USD Price Analysis: Dollar Rises in Wake of Inflation Data

  • Post author:admin
  • Post published:May 31, 2024
  • Post category:news
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Investors await the US core PCE price index report for more clues on Fed policy. US GDP data was lower than expected at 1.3% in Q1. Markets expect just 27…

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Read more about the article USD/CAD Outlook: Greenback Soars Amid Fed’s Policy Outlook

USD/CAD Outlook: Greenback Soars Amid Fed’s Policy Outlook

  • Post author:admin
  • Post published:May 30, 2024
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The dollar rose with Treasury yields. The Canadian dollar fell with oil prices. There is a 60% chance the BoC will cut rates on Wednesday next week. The USD/CAD outlook…

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Read more about the article EUR/USD Forecast: US Yields Rally Leads Dollar to 2-Week Top

EUR/USD Forecast: US Yields Rally Leads Dollar to 2-Week Top

  • Post author:admin
  • Post published:May 30, 2024
  • Post category:news
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Treasury yields rose this week on better-than-expected US data A recent auction in the US revealed less demand for the country's debt. Data from the Eurozone showed a higher than…

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Read more about the article AUD/USD Price Analysis: Australia’s Inflation Report Surprises

AUD/USD Price Analysis: Australia’s Inflation Report Surprises

  • Post author:admin
  • Post published:May 29, 2024
  • Post category:news
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Consumer inflation in Australia increased by 3.6% in April. Expectations for an increase in interest rates by RBA in September increased from 12% to 20%. The US CB report on…

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Read more about the article USD/JPY Forecast: Retracement Amid Hawkish BoJ

USD/JPY Forecast: Retracement Amid Hawkish BoJ

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  • Post published:May 29, 2024
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May saw a sharp improvement in US consumer confidence from 97.5 to 102.0. US yields rose, sending the yen down. The BoJ's Seiji Adachi said the central bank could raise…

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Read more about the article AUD/USD Price Analysis: Aussie Gains Ahead of Inflation Data

AUD/USD Price Analysis: Aussie Gains Ahead of Inflation Data

  • Post author:admin
  • Post published:May 28, 2024
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Economists expect a slight drop in inflation in Australia, from 3.5% to 3.4%. Investors are pricing in only a 30% chance that the RBA will cut rates in December. Markets…

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Read more about the article EUR/USD Outlook: Euro Strengthens Despite Dovish ECB

EUR/USD Outlook: Euro Strengthens Despite Dovish ECB

  • Post author:admin
  • Post published:May 28, 2024
  • Post category:news
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The ECB's Francois Villeroy confirmed that the central bank will implement its first rate cut next week. Philip Lane said the ECB's rate cut would depend on core inflation and…

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