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Category: Forex Trading
AUD/USD Weekly Forecast: Bears Takeover, Focus on US CP...
US job vacancies dropped, and private firms employed fewer people in May. The US services sector remained robust despite high bor...
USD/CAD Forecast: Robust NFP Report Sends Dollar Higher
The US added more jobs in May than economists had forecast. The US unemployment rate rose from 3.9% to 4.0%. The total Fed cuts e...
EUR/USD Outlook: Breaks 1.08 Amid Political Uncertainty
There was political tension after French President Emmanuel Macron called for a snap election. The euro suffered as the dollar ra...
AUD/USD Outlook: Dollar Steadies Ahead of CPI, FOMC
The dollar remained strong after the recent surge in Treasury yields. All eyes are on the Consumer Price Index report and the Fed...
USD/JPY Price Analysis: Bulls Cheer as US Inflation Dat...
Investors have shifted their focus to the upcoming consumer inflation numbers. Economists are expecting softer US inflation figur...
GBP/USD Price Analysis: Investors on Edge Before US Inf...
Investors were cautious before the US inflation report and the FOMC policy meeting. Economists expect headline inflation to fall ...
USD/CAD Forecast: Loonie Gains on Upbeat Oil Demand
The EIA updated its demand growth forecasts to project a more positive outlook. A bigger-than-expected drop in US crude oil inven...