The US CPI increased by 0.3% in September, beating forecasts of a 0.2% increase. Market participants are pricing a 91% chance of a 25-bps November Fed rate cut. US producer prices were unchanged in ...
The AUD/USD weekly forecast shows a bearish tilt amid strong dollar as US data diminishes hopes for a Fed’s rate cut in November. The Aussie had a bearish week with no major economic reports from ...
The EUR/USD weekly forecast is bearish due to a continuing shift to a more cautious outlook for Fed policy after hotter CPI data. EUR/USD had a bearish week, with the dollar gaining as Fed rate cut ...