EUR/USD Price Forecast: Brace for a further sell-off toward 1.1200
EUR/USD Price Forecast: Brace for a further sell-off toward 1.1200
Market narrative
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EUR/USD Price Forecast: Brace for a further sell-off toward 1.1200
Forex
AUD/JPY Price Forecast: Grinds higher above 112.50, yet stays constrained by mildly bearish bias
Meta: US dollar remains supported by hawkish Federal Reserve expectations, with traders focused on US CPI data and Fed commentary for the next directional move.
Gold is finding itself squeezed by two markets moving in the same direction. Oil is rebuilding inflation fears, while the Federal Reserve is becoming more willing to tighten policy again if price pressures refuse to ease.
Pound Sterling Price News and Forecast: GBP/USD gathers strength to near 1.3360
Gold found support at $4,021 with recovering momentum while silver held $57.73 amid constrained supply growth ahead of USCPI and Kevin Warsh testimony. Central bank buying and expanding industrial demand for silver in solar, electronics, and EVs provided a solid foundation for both metals.
Saudi Arabia Gold price today: Gold rises, according to FXStreet data
Philippines Gold price today: Gold rises, according to FXStreet data
United Arab Emirates Gold price today: Gold rises, according to FXStreet data
NZD/USD Price Forecast: Hits four-week top on hawkish RBNZ; eyes 0.5810-0.5820 confluence
Pakistan Gold price today: Gold rises, according to FXStreet data
EUR/JPY Price Forecast: Gains ground to near 185.00, holding modest bullish bias above key support
India Gold price today: Gold rises, according to FXStreet data
Malaysia Gold price today: Gold rises, according to FXStreet data
Gold bounces off two-week low as USD bulls turn cautious ahead of US CPI, Fed's Warsh
AUD/USD Price Forecast: Tests nine-day EMA barrier near 0.6950
Silver Price Forecast: XAG/USD dips as oil surge lifts Fed hike odds
PBOC sets USD/CNY reference rate at 6.7990 vs. 6.7972 previous
Gold tumbles below $4,000 on Trump's Iran port blockade move, US CPI data looms
Japanese yen volatility has returned as traders unwind record short positions ahead of US CPI. With USD/JPY testing major resistance below 163 and intervention risks lingering, futures positioning suggests gains may become harder to come by.