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Tag: CFDs

USD/JPY Weekly Forecast: Fed Rate Cut Offset by Strong NFP

The NFP report showed bigger-than-expected job growth in May. Traders scaled back rate cut expectations, leading to a rally in the dollar. Economists expect the headline...

EUR/USD Price Analysis: Euro Firm Amid ECB’s Unclear Path

The European Central Bank cut interest rates for the first time since 2019. The ECB’s Lagarde refrained from committing to a rate-cutting path. There was caution...

USD/JPY Outlook: Japan’s Q1 Contraction Milder than Expected

Japan’s economy likely shrank less than expected in the March quarter. The dollar traded near an 8-week low due to increased rate cut expectations. Investors eagerly...

USD/CAD Outlook: BoC Rate Cut Leaves Loonie Vulnerable

The Bank of Canada became the first G7 central bank to lower interest rates. Markets are expecting 77 basis points of rate cuts in Canada...

EUR/USD Forecast: Steady Ahead of Pivotal ECB Meeting

Markets are nearly sure that the European Central Bank will cut rates today. The Bank of Canada opened the door to more global rate cuts.  Data...

USD/CAD Forecast: Loonie Slips as BoC Rate Cut Looms

Recent data revealed weaker-than-expected growth in Canada. Markets are placing a 75% chance that the BoC will cut rates on Wednesday. Oil fell as traders worried...

AUD/USD Price Analysis: Surges Despite Lackluster GDP Figures

Australia’s economy slowed in the first quarter as consumer spending fell. There is still a low chance that the RBA will cut rates this year. US...

EUR/USD Weekly Forecast: EU Inflation Rises, US Inflation Falls

Data on Friday revealed hotter-than-expected Eurozone inflation in May. The core PCE price index report revealed a decline in US inflation Investors eagerly await the nonfarm...

USD/CAD Weekly Forecast: BoC Poised for Early Rate Cut

Upbeat consumer confidence data from the US sent the dollar soaring. Canada’s GDP fell from 0.2% to 0.0% on a monthly basis. Markets are pricing a...

GBP/USD Price Analysis: Dollar Rises in Wake of Inflation Data

Investors are awaiting the US core PCE price index report for more clues on Fed policy. US GDP data came in lower than expected at...

USD/JPY Outlook: Dollar Tumbles Following Downbeat GDP

The US economy grew at an annual rate of 1.3% in Q1, down from 1.6%.  Investors are gearing up for the US core PCE price...

Cyprus Fund Assets Rise 4.5% to €6.79B, Ending Two-Quarter Slide

The investment funds industry in Cyprus demonstrated resilience in the first quarter of 2024, with total assets under management increasing for the first time after two consecutive...

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