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AUD/USD Forecast: Australian Retail Sales Nosedive in December

Traders will pay close attention to Fed Chair Jerome Powell’s news conference. Australian retail sales experienced their greatest decline in more than...

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USD/CAD Outlook: Bears Dominating in the Wake of BoC

USD/CAD is struggling below the 1.3400 area. Sluggish oil prices may provide some room for buyers. Traders await the BoC rate...

GBP/USD Forecast: Broadly Inactive at 1.2320, Focus on US GDP

The GBP/USD price remains on the back foot. BoE and Fed may approach pivot after one hike. Moving forward, the US Q4...

EUR/USD Price Analysis: Buyers Intact amid Weaker Greenback

Money market traders predict that the Fed will only raise interest rates twice. ECB President Christine Lagarde said the ECB would continue...

USD/JPY Outlook: Japan’s Declining PMI to Support Bids

Japan’s industrial activity decreased for a third consecutive month. Many still anticipate a hawkish turn this year from the BOJ. The yen’s depreciation...

Gold Price Challenges $1,920 as USD Attempts Recovery

XAU/USD signaled exhausted buyers. The manufacturing and services data could shake the markets tomorrow. The median line (ml) could attract the price.  The gold...

EUR/USD Forecast: Euro Hits 9-Month High on Hawkish Remarks

Klaas Knot stated that rates would increase by 50 basis points in February and March. Futures have steadily decreased the expected Fed...

USD/CAD Weekly Forecast: Markets Expecting 25bps BoC Hike

Retail sales and housing data from the US pointed to a slowing economy. Canadian retail sales rebounded in December. There is a 70%...

USD/JPY Outlook: Yen Bulls Applaud a Decline in US Inflation

Japanese bond yields surpassed the central bank’s target. The yen has increased by 6% in slightly more than three weeks. The US consumer...

Gold Price Back Above $1,879, All Eyes on US CPI

The XAU/USD is still bullish. The US inflation data could be decisive today. A new higher high activates further growth. Testing and retesting...

USD/JPY Forecast: Yen Jumps on BoJ’s Potential Policy’s Impacts

The Bank of Japan might examine the consequences of its monetary easing. The news has added to the yen optimism. Investors are eagerly...

USD/CAD Forecast: Dollar Holds Steady Ahead of US CPI

Investors are paying close attention to the US CPI data. Fed Chair Jerome Powell failed to provide any policy hints yesterday. The US...

AUD/USD Price Analysis: Aus Inflation Climbs to 7.3% in Nov

Australia’s retail sales increased 1.4% from October to a record A$35.9 billion in November. Australia’s annual inflation re-accelerated to 7.3% in November. Fed...

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