GBP/USD forecast turns up, testing 1.3500 as weak US labor data and the government shutdown pressure the dollar. The BoE is cautious on policy, with Deputy Governor Breeden warning that inflation risks could fall below the target. Fed cuts priced in, but Treasuries’ safe-haven appeal may limit sustained dollar downside. The GBP/USD forecast tilts higher……
The AUD/USD outlook steadies as the US shutdown is balanced by downbeat domestic data. The RBA’s cautiousness and the Fed’s easing leave the AUD anchored. China’s weakness and domestic trade data could cap gains in Aussie. The AUD/USD outlook remains stable amid subdued US dollar activity following the US government shutdown and softening labor market……
Gold outlook remains bullish, standing above the key $3,870 level. Risk flows due to the US government shutdown, weaker labor data, and the Russia-Ukraine crisis push gold up. Markets await the US ADP and ISM Manufacturing PMI for more impetus. Gold prices are holding near the record high levels of $3,875 during the early European……
The GBP/USD price analysis leans to the upside, driven by upbeat UK Q2 GDP and the US government shutdown. Softer JOLTS data weakened the dollar, revealing a cooling labor market. All eyes are now on the US ADP and ISM PMI data due today. The GBP/USD price analysis shows a mildly bullish scenario as the……
The USD/CAD outlook remains slightly negative despite a looming BOC rate cut. The US government shutdown poses a significant risk for dollar depreciation. Markets now closely watch the JOLTS job openings report, along with the Fed’s speech, for further guidance. The USD/CAD outlook remains steady above 1.3900 on Tuesday, following a softer start to the……
The USD/JPY forecast remains bearish as the BOJ tilts closer to a rate hike. The risk of a US government shutdown and higher JGB yields support the bearish narrative in USD/JPY. Markets are now watching the JOLTS job opening data, along with key speeches, for further impetus. The Japanese yen gained solid ground on Tuesday,……
Gold forecast broke above $3,800 amid US shutdown risks and a weaker dollar. Fed rate cut bets remain firm, with markets pricing in easing in October and December. Haven demand, ETF inflows, and central bank buying maintain an upside bias. Gold prices marked fresh record highs above $3,800 at the start of the week, supported……
The AUD/USD outlook improves as the RBA is expected to hold rates after hotter inflation data, reducing bets on near-term cuts. The US Dollar weakens on expectations of a Fed rate cut and risks of a government shutdown. The RBA’s decision on Tuesday and the US political standoff set the stage for heightened volatility ahead…….
The EUR/USD weekly forecast turns negative near 1.1700 as the dollar recovers. Upbeat US economic data and the Fed’s cautious rhetoric lend support to the greenback. Eurozone and US jobs data and central bank speeches can shape the markets next week. The EUR/USD weekly forecast remains subdued under 1.1700, extending the retreat from the September……
The GBP/USD weekly forecast turns bearish after dipping to 7-week lows. Upbeat US GDP and Jobless Claims, along with a cautious Fed, triggered a dollar recovery. Markets now focus on labor market data due next week for a fresh impetus. The GBP/USD weekly forecast has turned bearish after the price significantly declined last week, reaching……
