Dovish Fed expectations and declining US growth weigh on the dollar. The UK’s fiscal challenges and the cautious Bank of England’s policy stance limit the pound’s uptrend.  Traders look ahead to the IMF meetings and comments from FOMC and MPC members for further policy cues. The GBP/USD outlook indicates bullishness as the pair trades around...

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The prolonged US government shutdown and US-China trade frictions boost gold’s safe-haven appeal.  The Russia-Ukraine war and potential ceasefire keep investors cautious. Traders look ahead to the IMF meetings and FOMC’s Kashkari, Miran, and Musalem’s speeches for further policy direction.   The gold forecast shows an unabated uptrend, breaking record highs, amid the ongoing geopolitical...

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The weakening labor market and growing expectations of rate cuts weigh on the AUD. The persistent geopolitical instability, like US-China trade frictions, supports the US dollar. Traders look forward to the Philly Fed Manufacturing Index and FOMC’s Waller comments for further policy direction.  The AUD/USD outlook suggests the USD weighs on the AUD amid weaker...

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UK GDP indicates modest growth, while dovish Fed expectations weakened the dollar. Geopolitical risks like US-China trade frictions and French political uncertainty keep sentiment cautious.  Traders look forward to FOMC Waller’s speech and the Philly Fed manufacturing index for further impetus. The GBP/USD forecast indicates the price stays above the 1.3400 level, backed by mixed...

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The EUR/USD price attempted a recovery above 1.1600 amid a weakening US dollar. Prolonged geopolitical instability could accelerate the dollar and weigh on the euro. Traders look forward to comments from FOMC members for insight about the policy cues and economic outlook.  The EUR/USD forecast highlights an effort to find acceptance above 1.1600 amid expectations...

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Gold forecast intact as safe-haven appeal remains unabated amid Fed easing and the ongoing US government shutdown.  The US-China trade frictions and the Russia-Ukraine war remain key risk factors, adding more to bullion’s safe-haven appeal. Traders anticipate the Consumer Price Index for a clear view of the US economic affairs and Fed rate cuts.  The...

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Gold stays intact above $4,100 amid anticipated Fed easing and ongoing geopolitical risks.  US-China trade frictions enhance gold’s “buy-on-dips” appeal.  Traders look ahead to Fed Powell’s speech and the upcoming CPI and PPI figures for further policy cues.  The gold outlook shows a retreat from the intraday peak around the $4,179-4,180 level, after investors booked...

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The GBP/USD forecast remains feeble after downbeat UK employment data. The US dollar remains firm amid easing US-China trade worries. All eyes are now on key central bank speeches that could provide clues on the easing cycle. The GBP/USD price weakened on Tuesday, falling below the 1.3300 mark amid softer-than-expected UK labor market data. It...

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The EUR/USD price analysis remains subdued under 1.1600 amid deteriorated risk sentiment.  Fed’s cautious tone and political chaos in France weigh on the euro.   Traders look ahead to the G20 and IMF meetings for clear policy direction.  The EUR/USD price analysis suggests that the pair remains pressured, trading near 1.1590 after dropping below the 1.1600...

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China trade tensions, the Middle East, and US fiscal uncertainty have pushed gold towards $4,050. The Federal Reserve’s two more rate cuts and limited US economic releases further enhanced the safe-haven demand.  The markets will likely be low-volume today, but traders will closely monitor FOMC Paulson’s speech for further direction. The gold forecast remains bullish,...

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