Most market participants are waiting for the outcome of the US presidential election. Canada’s manufacturing sector expanded further in October. Data revealed that the US economy added only 12,000 jobs in October. The USD/CAD outlook shows caution ahead of the much-anticipated US presidential election. The Canadian dollar remained steady as investors...

Market participants are eagerly awaiting the outcome of the presidential election.  The US economy added only 12,000 jobs in October. The yen remained steady after the BoJ policy meeting. The USD/JPY forecast shows some relief for the yen as the dollar eases ahead of the US presidential election. The greenback has fallen since last week... The post...

Australia’s inflation eased from 2.7% to 2.1% annually. The US economy added 12,000 jobs, well below the forecast of 106,000. Traders will watch the RBA and Fed policy meetings. The AUD/USD weekly forecast indicates uncertainty ahead of a busy week with the US presidential election and RBA rate decision.  Ups and downs of AUD/USD The... The post...

The US economy expanded by 2.8%, below estimates of 3.0%.  The US reported dismal job growth in October. Market participants will focus on the Bank of England policy meeting. The GBP/USD weekly forecast supports further downside with the looming BoE rate cut and the US presidential election.  Ups and downs of GBP/USD The pound had... The post GBP/USD...

The US economy added only 12,000 jobs in October. Canada’s economy made no change in August. The US core PCE increased by 0.3%, leaving Fed rate cut bets unchanged. The USD/CAD price analysis shows new bearish sentiment as the dollar collapses after a dismal employment report. Meanwhile, the Canadian dollar is ending October with its... The post...

Data on Thursday showed the core PCE price index increased by 0.3%. US initial jobless claims fell to 216,000, missing estimates of 229,000 claims. Economists are not expecting a rate cut in Australia until next year. The AUD/USD outlook shows a bearish sentiment as the dollar gains ground ahead of the crucial US nonfarm payrolls... The post AUD/USD...