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Read more about the article AUD/USD Weekly Forecast: Dollar Strengthens on Upbeat NFP

AUD/USD Weekly Forecast: Dollar Strengthens on Upbeat NFP

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  • Post published:January 6, 2024
  • Post category:news
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The dollar strengthened on upbeat employment data and reduced rate cut bets. Analysts said the jobs report meant the Fed was unlikely to cut rates before March. The Fed has…

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Read more about the article GBP/USD Weekly Forecast: Strong NFP Pours Water on Rate Cuts

GBP/USD Weekly Forecast: Strong NFP Pours Water on Rate Cuts

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  • Post published:January 6, 2024
  • Post category:news
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Fed policymakers agreed that inflation was under control. US job creation and initial jobless claims fell. Private sector employment and nonfarm payrolls rose, strengthening the dollar. The GBP/USD weekly forecast…

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Read more about the article EUR/USD Price Playing Within Demand Zone Ahead of US NFP

EUR/USD Price Playing Within Demand Zone Ahead of US NFP

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  • Post published:January 5, 2024
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The lower pressure remains high after failing to make a new higher high. A new lower low triggers more dips. Positive US data should lift the dollar. The EUR/USD price…

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Read more about the article USD/JPY Outlook: Dollar Set for Strongest Week Since July

USD/JPY Outlook: Dollar Set for Strongest Week Since July

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  • Post published:January 5, 2024
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The yen fell 2.5% against the dollar in the first week of the year. Traders are pricing in less than 140 basis points of a Fed rate cut. Economists predict…

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Read more about the article USD/CAD Price Analysis: Fed Rate Cut Bets Lower, Eyes on NFP

USD/CAD Price Analysis: Fed Rate Cut Bets Lower, Eyes on NFP

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  • Post published:January 5, 2024
  • Post category:news
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Markets expect employment data to show an additional 170,000 jobs in the US in December. The data revealed a seventh straight monthly contraction in Canada's services sector. The Canadian dollar…

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Read more about the article Gold Price Turns Bullish as FOMC Minutes Weigh on Greenback

Gold Price Turns Bullish as FOMC Minutes Weigh on Greenback

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  • Post published:January 4, 2024
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The bias remains bearish as long as it remains below the downtrend line. Positive US data could punish the price of gold. A new lower low triggers more dips. The…

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Read more about the article EUR/USD Forecast: Dollar Soars Amid Revised Rate Cut Outlook

EUR/USD Forecast: Dollar Soars Amid Revised Rate Cut Outlook

  • Post author:admin
  • Post published:January 4, 2024
  • Post category:news
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Minutes from the FOMC meeting showed confidence that inflation is under control. There is no clear indication of when the Fed might initiate a rate cut. The third consecutive monthly…

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Read more about the article Web3 Quest: Set Out on a Mission for $1,000!

Web3 Quest: Set Out on a Mission for $1,000!

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  • Post published:January 4, 2024
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Engage in more Fairspin activities with Web3 Quest - complete quests, unlock new ones and earn XP to take your place among the winners! Fairspin is a blockchain casino that…

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Read more about the article USD/CAD Outlook: Bullish WTI Supporting Loonie

USD/CAD Outlook: Bullish WTI Supporting Loonie

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  • Post published:January 4, 2024
  • Post category:news
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Oil prices rose on persistent concerns about supply disruptions in the Middle East. There is uncertainty around the start of the Fed's rate cut. Economists forecast a job gain of…

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Read more about the article GBP/USD Forecast: UK Inflation Pressure Subsides, Dollar Up

GBP/USD Forecast: UK Inflation Pressure Subsides, Dollar Up

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  • Post published:January 3, 2024
  • Post category:news
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Prices in UK chain stores rose at their slowest pace in a year and a half. Food price inflation in Britain fell to 6.7%. British output and employment fell sharply…

Continue ReadingGBP/USD Forecast: UK Inflation Pressure Subsides, Dollar Up
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