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Read more about the article USD/JPY Outlook: Ueda’s Hawkish Stance Lifts Yen

USD/JPY Outlook: Ueda’s Hawkish Stance Lifts Yen

  • Post author:admin
  • Post published:August 23, 2024
  • Post category:news
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The BoJ's Ueda reaffirmed his commitment to raising rates if inflation rises sustainably. Economists believe that Japan's central bank will raise rates once again before the end of the year.…

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Read more about the article GBP/USD Price Analysis: Refreshes YTD Highs Amid Upbeat PMIs

GBP/USD Price Analysis: Refreshes YTD Highs Amid Upbeat PMIs

  • Post author:admin
  • Post published:August 23, 2024
  • Post category:news
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Britain's flash composite PMI revealed an increase from 52.8 to 53.4 in August. The pound rose 2% in August as the dollar weakened. Markets await Powell's speech later in the…

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Read more about the article USD/CAD Forecast: Greenback Falters Post-Dovish Fed Min

USD/CAD Forecast: Greenback Falters Post-Dovish Fed Min

  • Post author:admin
  • Post published:August 22, 2024
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Markets are fully pricing in a September Fed rate cut of 25 basis points following the minutes of the FOMC meeting. Oil prices fell on Wednesday amid growing concerns about…

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Read more about the article EUR/USD Outlook: Dollar Weakens, Euro Ranges on Mixed Data

EUR/USD Outlook: Dollar Weakens, Euro Ranges on Mixed Data

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  • Post published:August 22, 2024
  • Post category:news
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The dollar fell after Fed minutes confirmed expectations of a September Fed rate cut. Eurozone business activity strengthened in August. Agreed wage growth in the eurozone moderated in the second…

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Read more about the article EUR/USD Forecast: Dollar Dips with Fed Rate Cut on Horizon

EUR/USD Forecast: Dollar Dips with Fed Rate Cut on Horizon

  • Post author:admin
  • Post published:August 21, 2024
  • Post category:news
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Fed policymakers gradually gained confidence that inflation would reach 2%. Markets are pricing in a rate cut of 50 or 25 basis points in September. On Tuesday, the ECB's Olli…

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Read more about the article USD/JPY Price Analysis: Greenback Recovers Ahead of FOMC

USD/JPY Price Analysis: Greenback Recovers Ahead of FOMC

  • Post author:admin
  • Post published:August 21, 2024
  • Post category:news
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Investors are speculating ahead of key speeches from top policymakers at the Fed and the Bank of Japan. Markets are implying an over 70% chance of a September Fed rate…

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Read more about the article AUD/USD Outlook: Hawkish RBA Minutes Boost Aussie

AUD/USD Outlook: Hawkish RBA Minutes Boost Aussie

  • Post author:admin
  • Post published:August 20, 2024
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RBA policymakers considered a rate hike at their last meeting. Markets are implying an 84% chance of an RBA rate cut in December. Markets estimate a 75.5% chance of a…

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Read more about the article USD/CAD Price Analysis: Hits 5-Week Top Amid Risk-on

USD/CAD Price Analysis: Hits 5-Week Top Amid Risk-on

  • Post author:admin
  • Post published:August 20, 2024
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The Canadian dollar strengthened as risk sentiment improved. Economists expect inflation in Canada to decrease from 2.7% to 2.5% in July. Traders will focus on Powell's speech at the end…

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Read more about the article USD/JPY Forecast: Yen Gains Amid BoJ-Fed Divergence

USD/JPY Forecast: Yen Gains Amid BoJ-Fed Divergence

  • Post author:admin
  • Post published:August 19, 2024
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The likelihood of a 50 basis point Fed rate cut in September fell due to better-than-expected data. This week, traders will be watching the Jackson Hole Symposium. Bank of Japan…

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Read more about the article GBP/USD Outlook: Sterling Surges on Easing BoE Rate Cut Bets

GBP/USD Outlook: Sterling Surges on Easing BoE Rate Cut Bets

  • Post author:admin
  • Post published:August 19, 2024
  • Post category:news
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UK retail sales rose 0.5% in July after falling 0.9% the previous month. UK GDP data reveals expected growth of 0.6% in Q2. All the focus will be on Powell's…

Continue ReadingGBP/USD Outlook: Sterling Surges on Easing BoE Rate Cut Bets
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