
EUR/USD Price Forecast: Consolidates around 1.1640 in countdown to ECB's policy decision
EUR/USD Price Forecast: Consolidates around 1.1640 in countdown to ECB's policy decision
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EUR/USD Price Forecast: Consolidates around 1.1640 in countdown to ECB's policy decision

The gold price's recovery alongside rising inflation expectations has SEB watching for a shift away from the US Dollar and towards hard assets. The gold price in US Dollars climbed back above $4,400 on Thursday, extending Wednesday's recovery as SEB pointed to renewed interest in protecting wealth against a loss of purchasing power in.

Euro: Difficult path for gains against US Dollar – Commerzbank

USDJPY breaks lower The Japanese Yen (USDJPY) remains pressured as traders expect a rate hike from Japan's central bank. Last week's drop looks set to continue as sellers claim more dominance.

DXY struggles despite higher Treasury yields as traders await U.S. PPI and the ECB decision, while EUR/USD and GBP/USD hold bullish support.

NZD/USD Price Forecast: Bears remain in control with 0.5800 support eyed

Gold and silver gain support from a weaker dollar and Iran tensions as traders await U.S. PPI, with CPI and Fed rate expectations also in focus.
![Gold – Rejection of the key reference point and potential for downside [Video]](https://static.pipvero.com/pipvero/uploads/2026-09/general-1-1789027243-a3302ee4cf4a5899.webp)
Gold – Rejection of the key reference point and potential for downside [Video]

GBP/USD rose to 1.3552 on Thursday, reaching its highest level since 29 August. The pound strengthened despite oil prices rising above 100 USD per barrel and a further escalation in Middle East tensions.
![A head and shoulders pattern has been completed in EUR/JPY for a sell signal [Video]](https://static.pipvero.com/pipvero/uploads/2026-09/general-1-1789027223-25ce9612aa4f6e99.webp)
A head and shoulders pattern has been completed in EUR/JPY for a sell signal [Video]

The Pound-Dollar rate could come under pressure if US inflation accelerates, while weak UK GDP may leave Sterling vulnerable heading into the weekend. The Pound US Dollar (GBP/USD) exchange rate ticked higher on Wednesday as demand for the ‘Greenback' was tempered by wider currency trends.

Silver Price Forecast: XAG/USD awaits acceptance above $68.00 before the next leg up

GBP/USD hits two-week high as markets reassess the Bank of England's stance

British Pound: Neutral stance inside narrower band against US Dollar – UOB

USD/CAD Price Forecast: Wobbles around 1.3800 ahead of US PPI data