The FOMC will deliver updates on monetary policy and reveal the latest ‘dot plot’ which will confirm whether Fed officials maintain their prior stance of three cuts in 2024
Schlagwort-Archiv: Estimate
Euro (EUR/USD) Forecast – Fed and BoE will Drive EUR/USD and EUR/GBP Price Setups
Euro traders will be looking at the Federal Reserve and the Bank of England this week to help gauge EUR/USD and EUR/GBP future price levels
British Pound Weekly Forecast: GBPUSD Could Struggle as Rate Setters Convene
This week will bring policy decisions from central banks on both sides of GBP/USD
Gold Price Outlook – Rally Looks Set to Continue on Positive US Rate Cut Backdrop
The recent record-breaking gold rally seems likely to continue as US interest rate cuts are now seen starting at the end of H1
British Pound Weekly Forecast: GBPUSD Looks Overextended At 7-Month High
The Pound looks set to start a new trading week at more-than seven-month highs against a United States Dollar broadly weakened by expectations that interest-rate cuts are surely coming.
US Dollar Forecast: Markets Eye NFP After Manufacturing Scare
US manufacturing data revealed a slowdown in ‘new orders’ and ‘employment’ sending the dollar lower on Friday. However, NFP data remains the focus next week
Euro Trade Setups Ahead of ECB Decision – EUR/USD, EUR/GBP and EUR/JPY
Next week’s ECB meeting is unlikely to see any change in monetary policy but post-decision commentary may give traders a better view when the first rate cut is set to be announced
British Pound Weekly Forecast: Sterling Becalmed As Spring Budget Looms
The British Pound remains confined to narrowing ranges against the United States Dollar in a market where volatility has plummeted.
Gold (XAU/USD) Price Struggles for Direction, Silver (XAG/USD) Looks Boxed In
The weekly gold candle shows a restrictive range of just $25 as the precious metal looks for a driver to help break its current lethargy
Euro Weekly Forecast: Central Bankers Delay the Rate Cutting Cycle
ECB governing council members reiterated a lack of urgency to cut interest rates despite improved wage growth data. Lack of bullish euro drivers suggest vulnerability