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Tag: US inflation report

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...

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Canadian dollar gets spanked, BoC holds rates – MarketPulse

The Canadian dollar is almost unchanged on Thursday,...

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...

Euro stabilizes, ECB starts talking rate cuts – MarketPulse

The euro is steady on Friday, after sustaining...

USD/JPY Forecast: Dollar Holds Firm After Inflation, Yen Weakens

The US released a report on inflation showing a higher-than-expected annual figure. Toyota announced the biggest pay increase for its workers in 25 years. Ueda said...

AUD/USD Outlook: Aussie Neutral Amid Mixed Economic Signals

Australia’s retail sales recovered at the start of 2024 after falling in December. Australia’s annual sales growth remained low due to high interest rates. Markets were...

USD/JPY Outlook: Yen Soars Amid Japanese Officials’ Concerns

Officials in Japan got concerned when the USD/JPY crossed above the $150 level. Data from Japan on Thursday revealed a recession in the last part...

Gold – Falls below $2,000 after resilient display this year – MarketPulse

US inflation report hits gold Fewer Fed rate cuts...

EUR/USD Outlook: Euro Pulls Back, Eyes on US Inflation Data

The dollar gained momentum ahead of Tuesday’s pivotal inflation report. Forecasts for the US inflation report show that annual inflation will likely come in at...

AUD/USD Weekly Forecast: RBA/Fed Embrace Hawkish Stances

The RBA’s top policymaker warned that the bank could still hike rates to lower inflation. Traders are adjusting their policy outlooks for the RBA and...

GBP/USD Price Analysis: Investors Digest US CPI Data

US consumer prices rose by 0.3% for the month and registered an annual growth of 3.4%. Traders believe that the BoE’s benchmark rate will decline...

USD/CAD Outlook: Loonie Gains Traction as Oil Rallies

Oil rose after the US and the UK announced air and sea strikes on Houthi military targets in Yemen. US consumer prices rose in December,...

GBP/USD flat ahead of US inflation data – MarketPulse

US CPI expected to edge higher to 3.2% UK...

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