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Tag: labor market

Silver Price Forecast: XAG/USD falls after early gains from $29, near-term outlook remains firm

Silver price retreats from day’s high amid no signs of retaliation from Iran after limited airstrike from Israel. Fed’s hawkish guidance fails to prompt US...

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Australian Dollar maintains mild gains amid a steady US Dollar, Retail Sales eyed

Australian Dollar gains ground amid escalated geopolitical tensions in the Middle East. Australian currency could face challenges following the lower ASX 200 Index. US Dollar receives...

AUD/USD Weekly Forecast: Aussie Tumbles Amid Dollar Rally

By Friday, investors were still absorbing the US CPI report. Investors believe the Fed will implement the first rate cut in September. Next week, Australia will...

GBP/USD Weekly Forecast: Fed’s Delayed Cut Weighs on Pound

The dollar rallied amid a drop in rate cut expectations. Markets now predict only two Fed rate cuts this year. Next week, investors will focus on...

The Rise and Implications of a New AI Software Workforce

AI | April 12, 2024 Image: freepikAI is not just a tool for augmenting human tasks but an emerging workforce that merges labor and...

NZ dollar slips as manufacturing softens – MarketPulse

The New Zealand dollar is down sharply on...

EUR/USD Price Analysis: Euro Tumbles Amid ECB’s Cut in June

An ECB poll of economists confirmed that inflation in the Eurozone will decline to 2%. The ECB held rates on Thursday and signaled the first...

USD/CAD Outlook: Bullish as BoC-Fed Divergence Widens

Headline US inflation rose 0.4% monthly and 3.5% on an annual basis. Investors now expect the first Fed cut in September. Governor Tiff Macklem said that...

USD/CAD Forecast: Rate Cut Bets Surge Ahead of US CPI

Analysts expect the headline US inflation figure to have slowed to 0.3% in March. The likelihood of a Fed cut in June rose to 58%.  Traders...

Gold bulls turn cautious near all-time peak amid reduced Fed rate cut bets, positive risk tone

Gold price enters a bullish consolidation phase near an all-time peak touched on Monday. Reduced Fed rate cut bets cap gains for the non-yielding metal...

EUR/USD Outlook: Dollar Holds Firm Ahead of Inflation Numbers

The dollar rose on Friday due to a positive employment report. The US reported an additional 303K jobs in March and a drop in the...

EUR/USD Weekly Forecast: Upbeat NFP Pours Water on Fed’s Cut

US manufacturing activity improved while services activity declined. The US jobs report showed a bigger-than-expected increase in employment in March. Traders scaled back expectations for the...

USD/CAD Outlook: Dollar Drops as Unemployment Claims Surge

US unemployment claims rose more than expected last week. Data revealed a slowdown in the US services sector. Oil prices rose on Thursday amid supply concerns. The...

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