GBP/USD Weekly Forecast: Dollar Soars on Fading Fed’s Cut
US inflation data showed an increase in price pressures in November. Market participants scaled back expectations for Fed rate cuts...
Read moreDetailsUS inflation data showed an increase in price pressures in November. Market participants scaled back expectations for Fed rate cuts...
Read moreDetailsUS consumer price pressures accelerated in November. Data this week solidified bets for a December Fed rate cut. The likelihood...
Read moreDetailsThe European Central Bank lowered borrowing costs by 25 bps on Thursday. Experts believe Trump’s tariffs might further weaken the...
Read moreDetailsThe UK economy contracted by 0.1% in October. US wholesale inflation increased by 0.4%, above estimates of 0.2%. The dollar...
Read moreDetailsThe Bank of Canada shifted to a more hawkish tone that boosted the Canadian dollar. The dollar was weak after...
Read moreDetailsData on Thursday revealed that job growth in Australia surged in November. Markets slashed bets for a February RBA rate...
Read moreDetailsAuthorities in China are considering a weaker currency. Chinese exports slowed in November. Market participants eagerly await the US inflation...
Read moreDetailsWholesale inflation in Japan increased by 3.7% annually, well above estimates of 3.4%. The dollar eased slightly as traders geared...
Read moreDetailsMarkets are awaiting the crucial US consumer inflation report due on Wednesday. The US NFP report pushed up bets for...
Read moreDetailsThe Reserve Bank of Australia kept interest rates unchanged on Tuesday. Markets moved to price an over 50% likelihood of...
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