US manufacturing business activity data raised fears of a recession. US nonfarm payrolls missed forecasts, showing a drop in demand. The dollar declined as rate-cut expectations rose. The EUR/USD weekly forecast is bullish as US data continuously supports a rate cut at the September Fed meeting. Ups and downs of EUR/USD The EUR/USD pair had... The...

US employment figures showed that the labor market is slowing down. The US nonfarm payrolls report showed a smaller-than-expected job increase in August. US inflation data will be the last major report before the Fed’s policy meeting. The GBP/USD weekly forecast shows a temporary pause in a solid bullish trend as investors await the first... The...

The greenback fell after several reports showed a mixed picture of the economy. The US private sector employed 99,000 more individuals, missing estimates of 144,000. Investors will pay close attention to the upcoming nonfarm payrolls report. The gold price analysis indicates solid bullish momentum as the yellow metal trades near a one-week high. Gold...

RBA governor Michele Bullock said it was too early to think about near-term rate cuts. Private employment in the US was lower than expected in August. ISM PMI data showed improved business activity in the US services sector. The AUD/USD outlook shows mild optimism after the Reserve Bank of Australia Governor maintained a hawkish tone... The post...

The yen traded near a one-month high on Thursday due to safe-haven demand. The US JOLTs job openings report revealed a smaller-than-expected number of vacancies at 7.67M. Investors will be keen to see the state of job growth and unemployment in the US. The USD/JPY outlook indicates a surge in bullish momentum for the yen... The post USD/JPY Outlook:...

The US recorded a smaller-than-expected 7.67M job vacancies in July. Investors raised the likelihood of a 50 bps Fed rate cut to 45%. The Bank of Canada cut rates by 25 bps on Wednesday as expected. The USD/CAD forecast points to renewed dollar weakness after downbeat data raised the likelihood of a super-sized September Fed... The post USD/CAD Forecast:...