The yen strengthened slightly on Friday but was heading for an over 2.5% weekly loss. Consensus estimates indicate a 148,000 increase in US employment for September.  Japan’s Prime Minister Ishiba has dashed hopes for a near-term rate hike.  The USD/JPY outlook shows a pause near recent peaks ahead of crucial US monthly employment figures. The......

Bank of Japan policymakers have shifted their tone to a less hawkish one. Most economists expect the central bank to cut borrowing costs before the year ends.  The dollar surged Wednesday after the ADP employment figures came in higher than expected. The USD/JPY outlook shows a shift in sentiment regarding Bank of Japan rate hikes... The post USD/JPY...

BoE governor Bailey said the central bank could become aggressive on cuts if inflation falls. The US ADP non-farm employment increased by 143,000 in September. Economists expect the US economy to add 148,000 jobs in September. The GBP/USD forecast shows a sudden spike in bearish momentum after Bank of England governor Bailey’s dovish comments. At......

Iran attacked Israel with missiles, increasing the conflict in the Middle East. Data from the US on job openings revealed better-than-expected demand for labor. UK data revealed a decline in factory activity that weighed on the pound. The GBP/USD forecast points south as the US dollar finds its shine amid escalating Middle East tensions. At... The...

Oil prices rallied on Tuesday after Iran fired missiles at Israel. Canada’s manufacturing business activity rose for the first time in seventeen months. The US dollar rallied against most of its peers due to safe-haven inflows. The USD/CAD price analysis shows a return of bearish momentum as the Canadian dollar gains with oil due to... The post USD/CAD...

Manufacturing activity in the Eurozone fell at its fastest pace this year in September. Eurozone inflation fell below 2% in September, weighing on the euro. Market participants are pricing an 85% chance that the ECB will cut rates in October.  The EUR/USD outlook shows a freefalling euro after a set of downbeat business activity and... The post EUR/USD...