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GBP/USD Weekly Forecast: UK Economy Shows Resilience...

Retail sales in the US and the UK came in above expectations. UK inflation eased more than expected to reach 1.7%. The greenback firmed as markets increasingly bet on a Trump win in November. The GBP/USD weekly forecast shows a…
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USD/CAD Weekly Forecast: Merchants Brace for a Main BoC Lower...

The greenback strengthened amid elevated bets of a Trump presidency. Knowledge from the US confirmed an sudden soar in retail gross sales. Merchants anticipate the Financial institution of Canada to implement a 50-bps charge lower…
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EUR/USD Outlook: ECB’s Cut Expectations in Dec Mount...

The ECB cut interest rates by 25-bps on Thursday after a similar move during the September meeting. The Eurozone economy has performed poorly compared to the US. Data revealed that US retail sales jumped by 0.4% in September. The…
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GBP/USD Price Analysis: Upbeat UK Sales Spark Sentiment Shift...

UK sales rose by 0.3% in September. US retail sales jumped by 0.4% in September. Traders are paying close attention to the upcoming US presidential election. The GBP/USD price analysis suggests a shift in sentiment as the pound…
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EUR/USD Forecast: Euro Slips in Anticipation of ECB Charge Minimize...

Market members anticipate the ECB to chop rates of interest. The greenback rose attributable to growing bets for a Trump win. Merchants await the US retail gross sales report for extra clues on future Fed strikes. The EUR/USD forecast…
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AUD/USD Outlook: Upbeat Australian Jobs Briefly Lifts Aussie...

Australia’s financial system added 64,100 jobs in September, effectively above the forecast of 25,000. The Aussie pulled again as China’s stimulus disillusioned. The US greenback remained stable as traders priced a probable…
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USD/CAD Price Analysis: CPI-led Rally Fades Below 1.3800...

Canada’s annual inflation eased more than expected to 1.6% in September. Market participants raised the likelihood of a 50-bps rate cut from 50% to 74%. Traders are awaiting the US retail sales report for more insight into the…
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GBP/USD Forecast: Pound Sinks Amid Downbeat UK Inflation...

UK inflation dropped sharply from 2.2% to 1.7% in September. Providers inflation, a key measure for the BoE, plunged from 5.6% to four.9%. Fed’s Raphael Bostic stated he expects another fee minimize this yr.  The GBP/USD forecast…
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USD/CAD Outlook: Oil Dip, Robust Greenback Urge for a Rally...

The US greenback has risen just lately resulting from a shift within the outlook for Fed coverage. The Loonie plunged as oil costs dipped three%. Merchants are gearing up for Canada’s inflation knowledge. The USD/CAD outlook…
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GBP/USD Price Analysis: Sterling Gains Despite Downbeat Data...

Average weekly earnings in the UK met forecasts at 4.9%. Market participants maintained the chances of a November BoE rate cut at 80%.  The greenback remained firm due to a shift in tone among Fed officials. The GBP/USD price…