ECB president Christine Lagarde said there was no predetermined rate-cut path. The likelihood of another 25-bps ECB rate cut fell from 30% to 20%.  Former Fed policymaker Bill Dudley noted a solid case for a 50-bps rate cut.  The EUR/USD outlook is inclined to the upside after ECB officials failed to give clear guidance on... The post EUR/USD Outlook:...

The dollar lost around 1.3% against the yen last week. News outlets revealed a high chance for a 50 bps Fed rate cut. The Bank of Japan will meet on Friday. The USD/JPY forecast indicates further declines for the dollar due to a surge in Fed rate cut expectations. At the same time, the yen... The post USD/JPY Forecast: 140.0 Broken Amid Rising Fed...

The UK labor market showed resilience, with jobless claims plunging. US data showed higher-than-expected consumer and producer prices. Experts believe the US central bank will cut rates by 25 bps. The GBP/USD weekly forecast supports a bullish trend as the FOMC meeting could lead to further weakness for the greenback. Ups and downs of GBP/USD... The...

The dollar fell due to renewed bets for a 50 bps September Fed rate cut. Several Bank of Japan policymakers drummed up support for more rate hikes. Investors will focus on the FOMC and BoJ policy meetings. The USD/JPY weekly forecast indicates a potential collapse if the Fed cuts by 50-bps and the Bank of... The post USD/JPY Weekly Forecast: Fed...

News outlets reported that a 50 bps Fed rate cut next week was a close call. Gold traders cheered the likelihood of an aggressive policy easing. The likelihood of a 50 bps September Fed rate cut increased to 45%. The gold price analysis indicates a sudden surge in bullish momentum as the yellow metal benefits... The post Gold Price Analysis: Eying...

Former Fed official Bill Dudley said that there was a strong case for a 50 bps rate cut. The likelihood of a 50 bps rate cut shot up from 28% to 45%. BoJ board member Naoki Tamura noted that the upside risk to inflation was increasing.  The USD/JPY outlook shows a free-falling dollar as markets... The post USD/JPY Outlook: Super-Sized Fed Rate Cut...