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Source: ExchangeRates News Agency
1 month ago
Forex Medium Importance
Pound to Canadian Dollar Weekly Forecast: GBP Touches Two-Week Low

Pound to Canadian Dollar Weekly Forecast: GBP Touches Two-Week Low

The British Pound could rebound against the Canadian Dollar if softer inflation weighs on the Loonie, while firmer UK jobs and CPI data support Sterling. The Pound Canadian Dollar (GBP/CAD) exchange rate wavered down to a two-week low last week, despite UK GDP figures, as oil prices rose.

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Source: Action Forex News Agency
1 month ago
Forex Medium Importance
EUR/USD at Eight-Week High: What Happens Next

EUR/USD at Eight-Week High: What Happens Next

EUR/USD begins the week around 1.1588, reaching its highest level in eight weeks. The euro has been supported by dollar weakness following fresh US economic data, which revived doubts about the stability of the US economy and reduced expectations of imminent Federal Reserve tightening.

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Source: ExchangeRates News Agency
1 month ago
Forex Medium Importance
Pound to Dollar Week-Ahead Forecast: GBP Eyes Fresh Highs on CPI

Pound to Dollar Week-Ahead Forecast: GBP Eyes Fresh Highs on CPI

GBP/USD could extend its three-month high if UK jobs and inflation data reinforce Bank of England rate hike expectations, while softer Fed bets keep the Dollar under pressure. The Pound US Dollar (GBP/USD) exchange rate appreciated last week amid a dovish repricing of Federal Reserve interest rate hike bets.

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Source: ExchangeRates News Agency
1 month ago
Forex Medium Importance
Pound to Euro Week-Ahead Forecast: Inflation Could Put €1.18 Back in Play

Pound to Euro Week-Ahead Forecast: Inflation Could Put €1.18 Back in Play

The Pound-Euro rate could retest recent highs if UK inflation strengthens BoE rate expectations, while softer German sentiment may keep the Euro on the defensive. The Pound Euro (GBP/EUR) exchange rate rose to a 19-day high last week, but trimmed its gains towards the end of trade.

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Source: Action Forex News Agency
1 month ago
Forex Medium Importance
Gold Analysis: Profit-Taking After the Rally

Gold Analysis: Profit-Taking After the Rally

Gold continues to trade close to multi-month highs following its recent advance, which was supported by the latest US inflation data. July's CPI broadly matched market expectations, reducing the likelihood of a Federal Reserve rate hike in September.

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XAUUSD XAU/USD
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