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Dollar slipped slightly ahead of key US Inflation release
https://ph.investing.com/news/forex-news/dollar-slipped-slightly-ahead-of-key-us-inflation-release-1531560
USD/CAD Forecast: Tight Consolidation Ahead of US CPI
https://www.forexcrunch.com/blog/2024/11/13/usd-cad-forecast-tight-consolidation-ahead-of-us-cpi/
AUD/USD Price Analysis: Investors Brace for Pivotal US CPI Data
https://www.forexcrunch.com/blog/2024/11/13/aud-usd-price-analysis-investors-brace-for-pivotal-us-cpi-data/
UK wage growth, excluding bonuses, cooled in September. The UK unemployment rate rose to 4.3% after a previous reading of 4.1%. Sterling has lost 1.1% of its value amid the Trump trade. The GBP/USD price analysis indicates a weaker UK labor market, increasing expectations for BoE rate cuts. At the same time, the pair is...
The post GBP/USD Price Analysis: Weaker Jobs Ignite BoE Rate Cut Bets (https://www.forexcrunch.com/blog/2024/11/12/gbp-usd-price-analysis-weaker-jobs-ignite-boe-rate-cut-bets/) appeared first on Forex Crunch (https://www.forexcrunch.com/).
US dollar has room to rally further - Morgan Stanley
https://ph.investing.com/news/forex-news/us-dollar-has-room-to-rally-further--morgan-stanley-1528478
EUR/USD Outlook: Looming Trump’s Trade Policy Sinks Eur
https://www.forexcrunch.com/blog/2024/11/12/eur-usd-outlook-looming-trumps-trade-policy-sinks-eur/
Asia FX weakens, dollar near 4-mth high as Trump trade persists
https://ph.investing.com/news/forex-news/asia-fx-weakens-dollar-near-4mth-high-as-trump-trade-persists-1528147
USD/CAD Outlook: Downbeat Data Weakens Canadian Dollar
https://www.forexcrunch.com/blog/2024/11/11/usd-cad-outlook-downbeat-data-weakens-canadian-dollar/
USD/JPY Forecast: Markets Brace for Key US Inflation Data
https://www.forexcrunch.com/blog/2024/11/11/usd-jpy-forecast-markets-brace-for-key-us-inflation-data/
Asia FX muted as China stimulus underwhelms, dollar steady with CPI in focus
https://ph.investing.com/news/forex-news/asia-fx-muted-as-china-stimulus-underwhelms-dollar-steady-with-cpi-in-focus-1526458
GBP/USD Weekly Forecast: BoE Rate Cut Weighs on Pound
https://www.forexcrunch.com/blog/2024/11/10/gbp-usd-weekly-forecast-boe-rate-cut-weighs-on-pound/
AUD/USD Weekly Forecast: Trump’s Win Supports Strong Dollar
https://www.forexcrunch.com/blog/2024/11/09/aud-usd-weekly-forecast-trumps-win-supports-strong-dollar/
AUD/USD Price Analysis: Risk Appetite Surges Post-Trump Win
https://www.forexcrunch.com/blog/2024/11/08/aud-usd-price-analysis-risk-appetite-surges-post-trump-win/
GBP/USD Outlook: Pound Eases as Traders Lock in Profits
https://www.forexcrunch.com/blog/2024/11/08/gbp-usd-outlook-pound-eases-as-traders-lock-in-profits/
Asia FX steadies as dollar slides after Fed cuts interest rates
https://ph.investing.com/news/forex-news/asia-fx-steadies-as-dollar-slides-after-fed-cuts-interest-rates-1523830
Economists expect the US monthly CPI to increase by 0.2%. Trump’s import tariffs will affect Canada’s economy. OPEC lowered its forecast for oil demand growth this year and in 2025. The USD/CAD forecast shows a tight consolidation as traders prepare for the US consumer price index report. Meanwhile, the Canadian dollar remained fragile as oil...
The post USD/CAD Forecast: Tight Consolidation Ahead of US CPI (https://www.forexcrunch.com/blog/2024/11/13/usd-cad-forecast-tight-consolidation-ahead-of-us-cpi/) appeared first on Forex Crunch (https://www.forexcrunch.com/).
Markets are bracing for the upcoming US consumer inflation data. Markets are pricing a 69% chance of a December Fed rate cut. Data from Australia showed strong consumer and business sentiment. The AUD/USD price analysis shows a pause as indecision reigns ahead of the US consumer inflation figures. Meanwhile, the Aussie steadied its recent decline...
The post AUD/USD Price Analysis: Investors Brace for Pivotal US CPI Data (https://www.forexcrunch.com/blog/2024/11/13/aud-usd-price-analysis-investors-brace-for-pivotal-us-cpi-data/) appeared first on Forex Crunch (https://www.forexcrunch.com/).
Asia FX muted, dollar steadies near 4-mth high with CPI data in focus
https://ph.investing.com/news/forex-news/asia-fx-muted-dollar-steadies-near-4mth-high-with-cpi-data-in-focus-1531179
GBP/USD Price Analysis: Weaker Jobs Ignite BoE Rate Cut Bets
https://www.forexcrunch.com/blog/2024/11/12/gbp-usd-price-analysis-weaker-jobs-ignite-boe-rate-cut-bets/
The euro wallowed near a seven-month low on Tuesday. Trump will likely impose higher tariffs on goods imported from the Eurozone. Market participants await the October US inflation figures. The EUR/USD outlook shows a steep decline as the euro suffers at the prospect of higher import tariffs in the US. Meanwhile, the dollar soared as...
The post EUR/USD Outlook: Looming Trump’s Trade Policy Sinks Eur (https://www.forexcrunch.com/blog/2024/11/12/eur-usd-outlook-looming-trumps-trade-policy-sinks-eur/) appeared first on Forex Crunch (https://www.forexcrunch.com/).
Dollar extends gains as traders position for new Trump administration
https://ph.investing.com/news/forex-news/dollar-extends-gains-as-traders-position-for-new-trump-administration-1528315
Data revealed that Canada’s economy added only 14,500 jobs. Market participants are pricing a 60% chance of a 50-bps BoC rate cut in December. Traders eagerly await US inflation data this week. The USD/CAD outlook suggests an extension of the move on Friday as the Canadian dollar remains weak after downbeat data. Meanwhile, the greenback...
The post USD/CAD Outlook: Downbeat Data Weakens Canadian Dollar (https://www.forexcrunch.com/blog/2024/11/11/usd-cad-outlook-downbeat-data-weakens-canadian-dollar/) appeared first on Forex Crunch (https://www.forexcrunch.com/).
The US will release consumer inflation data on Wednesday. Economists expect the CPI to increase by 0.2%. Bank of Japan policy meeting minutes revealed uncertainty about the next hike. The USD/JPY forecast brightened on Monday as the dollar rose ahead of crucial US inflation data during the week. Meanwhile, the yen weakened after Bank of...
The post USD/JPY Forecast: Markets Brace for Key US Inflation Data (https://www.forexcrunch.com/blog/2024/11/11/usd-jpy-forecast-markets-brace-for-key-us-inflation-data/) appeared first on Forex Crunch (https://www.forexcrunch.com/).
Dollar retains strength ahead of CPI, Fed speakers; euro heads lower
https://ph.investing.com/news/forex-news/dollar-retains-strength-ahead-of-cpi-fed-speakers-euro-heads-lower-1526646
Republican candidate Donald Trump won the US presidential election. The Bank of England cut interest rates by 25-bps as expected. Next week, the US will release consumer and wholesale inflation data. The GBP/USD weekly forecast points south amid a drop in BoE rate cut expectations and a stronger dollar after Trump’s win. Ups and downs...
The post GBP/USD Weekly Forecast: BoE Rate Cut Weighs on Pound (https://www.forexcrunch.com/blog/2024/11/10/gbp-usd-weekly-forecast-boe-rate-cut-weighs-on-pound/) appeared first on Forex Crunch (https://www.forexcrunch.com/).
Australia’s central bank kept rates unchanged, maintaining its cautious tone. Trump’s win was bullish for the dollar as his policies could increase inflation and interest rates. The US Central Bank lowered interest rates by 25-bps. The AUD/USD weekly forecast suggests expectations for higher US inflation that might keep the dollar strong. Meanwhile, Trump’s victory already...
The post AUD/USD Weekly Forecast: Trump’s Win Supports Strong Dollar (https://www.forexcrunch.com/blog/2024/11/09/aud-usd-weekly-forecast-trumps-win-supports-strong-dollar/) appeared first on Forex Crunch (https://www.forexcrunch.com/).
The risk-sensitive Australian dollar soared after Trump won the US election. The US Central Bank lowered borrowing costs by 25-bps. Trump’s presidency will likely lead to higher inflation due to his policies. The AUD/USD price analysis shows increased bullish enthusiasm due to a surge in risk appetite after Trump’s win. However, the price eased by...
The post AUD/USD Price Analysis: Risk Appetite Surges Post-Trump Win (https://www.forexcrunch.com/blog/2024/11/08/aud-usd-price-analysis-risk-appetite-surges-post-trump-win/) appeared first on Forex Crunch (https://www.forexcrunch.com/).
The Bank of England cut rates by 25-bps. Markets expect two to three BoE rate cuts in 2025. The Federal Reserve also lowered borrowing costs by 25=bps. The GBP/USD outlook shows a pause in yesterday’s rally as traders lock in profits. The pound rose on Thursday after the Bank of England lowered borrowing costs and...
The post GBP/USD Outlook: Pound Eases as Traders Lock in Profits (https://www.forexcrunch.com/blog/2024/11/08/gbp-usd-outlook-pound-eases-as-traders-lock-in-profits/) appeared first on Forex Crunch (https://www.forexcrunch.com/).
Dollar set for small weekly gains after Fed rate cut
https://ph.investing.com/news/forex-news/dollar-set-for-small-weekly-gains-after-fed-rate-cut-1524064
The dollar had a strong bullish day on Wednesday after Trump won the election. Market participants prepare for a rate cut during the FOMC policy meeting. The US reported an addition of 12.000 jobs in October. The EUR/USD outlook shows a rebound in the euro after reaching new lows due to Wednesday’s Trump trade. Market...
The post EUR/USD Outlook: Euro Finds Footing After Trump Trade Decline (https://www.forexcrunch.com/blog/2024/11/07/eur-usd-outlook-euro-finds-footing-after-trump-trade-decline/) appeared first on Forex Crunch (https://www.forexcrunch.com/).