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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…
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USD/JPY Outlook: Dollar Extends Gains After Upbeat CPI...

The dollar rallied last week after consumer inflation figures increased more than expected. Traders give the Fed a 91% chance to lower borrowing costs by 25-bps in November.  Market participants await the US retail sales report. The…
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GBP/USD Forecast: US Inflation Knowledge Triggers Indecision...

The US CPI elevated by zero.three% in September, beating forecasts of a zero.2% improve. Market individuals are pricing a 91% probability of a 25-bps November Fed charge lower. US producer costs have been unchanged in September,…
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EUR/USD Weekly Forecast: Fed Takes Extra Conservative Stance...

Most Fed policymakers agreed to decrease borrowing prices by 50-bps. The US Client Worth Index rose by 2.four% yearly, above estimates. Markets lowered the possibilities of a November Fed price minimize. The EUR/USD weekly forecast…
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AUD/USD Weekly Forecast: US Information Dims Fed’s Transfer in Nov...

The US CPI quantity got here in larger than anticipated, displaying elevated value stress. Wholesale inflation missed forecasts, weakening the greenback.  The US will launch retail gross sales figures displaying shopper spending. The…
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USD/CAD Outlook: Upbeat US CPI Sparks Robust Rally...

Information on Thursday confirmed that inflation jumped greater than anticipated in September. US unemployment claims elevated to 258,000 in comparison with estimates of 230,000. Canada’s economic system would possibly add 29,800…
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GBP/USD Worth Evaluation: UK GDP Development Sparks Rebound...

The UK economic system expanded by zero.2%, coming in keeping with economists forecasts. The CPI report within the US revealed that inflation was increased than anticipated in September. US unemployment claims rose greater than…