EUR/USD Weekly Forecast: Euro on the Defensive Ahead of NFP
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…
Banxico cuts rate by 0.25% as expected. Silver hits $45 per ounce :: InvestMacro
The US indices fell for a third consecutive session on Thursday as investors weighed strong economic data against expectations for future Federal Reserve rate cuts. The Dow Jones (US30) dropped…
USD/JPY Rally Pauses as Yen Seeks Footing :: InvestMacro
By RoboForex Analytical Department The USD/JPY pair slowed its ascent on Friday, stabilising near 149.69 – close to its lowest level in nearly two months. The yen remained under pressure…
GBP/USD Outlook: BoE Caution Meets Stronger US Data
GBP/USD outlook deteriorates, trading near 1.3350 after a four-week low on Thursday. UK inflation risks keep BoE hesitant on rapid easing. Strong US GDP and labor data bolster the dollar…
AUD/USD Price Slumps as Strong US GDP Offsets Quick Cuts
AUD/USD price falls to a three-week low on Friday. US GDP was revised higher to 3.8% and jobless claims fell to 218K. Traders await U.S. core PCE inflation data for…
GBP/USD Under Pressure as Markets Question Bank of England’s Stance :: InvestMacro
By RoboForex Analytical Department The GBP/USD pair remains under pressure, trading around 1.3460, as it contends with a mix of conflicting factors. In the UK, Bank of England Governor Andrew…
EUR/USD Forecast: Dollar Surges Ahead of GDP, Core PCE
EUR/USD steadies near 1.1740 after a sharp midweek drop. Dollar strength stems from firmer U.S. data and cautious Fed guidance. Markets await the release of US GDP and PCE inflation…
Oil prices jumped to $65 a barrel. The Canadian dollar fell to a 4-month low :: InvestMacro
The US stocks declined for a second consecutive day on Wednesday. The Dow Jones (US30) dropped 0.37%, the S&P 500 (US500) was down 0.28%, and the tech-heavy Nasdaq (US100) fell…
Gold Outlook Softens from All-Time Highs Amid Cautious Fed
Gold outlook remains steady near $3,740 as investors await US inflation data. Fed policy outlook remains supportive despite Powell’s caution. Geopolitical risks in Europe and the Middle East underpin demand…
Gold Holds Near Record Highs as Demand Sustains Rally :: InvestMacro
By RoboForex Analytical Department Gold traded around 3,760 USD per ounce on Wednesday, hovering near the record high established the previous day. The market continued to digest commentary from Federal…