USD/JPY: Policy risks keep pair near 160 – Rabobank

Rabobank’s Senior FX Strategist Jane Foley highlights that the Japanese Yen (JPY) remains the weakest G10 currency, with USD/JPY trading just below 160 on fears of Japanese Ministry of Finance (MoF) intervention.

GBP: Stabilisation supports MPC focus on expectations – TD Securities

TD Securities strategists expect United Kingdom (UK) labour market data for February to show stabilisation, with a slight dip in unemployment and moderate job gains. Wage growth is forecast to slow across key measures, aligning with consensus.

Breaking: Canada annual CPI inflation rises to 2.4% in March vs. 2.5% forecast

Annual inflation in Canada, as measured by the change in the Consumer Price Index (CPI), climbed to 2.4% in March from 1.8% in February, Statistics Canada reported on Monday. This reading came in below the market expectation of 2.5%.

Pound Sterling Price News and Forecast: GBP/USD – Political noise and softer BoE pricing

ING’s Chris Turner notes Sterling has held up even as markets scale back Bank of England tightening expectations to just one 25bp hike this year, while ING expects no change in rates. Political scrutiny of Prime Minister Keir Starmer could weigh on sentiment.

Canada Consumer Price Index - Core (MoM): 0% (March) vs previous 0.2%

Canada Consumer Price Index - Core (MoM): 0% (March) vs previous 0.2%

Gold Price Analysis: Pullback Accelerates Amid Fed Repricing, Retail Liquidation

Gold price analysis suggests the probability of further downside as the stronger dollar weighs on the precious metal. The new Fed Chair nomination has triggered a wave of deeper retracement in gold after a strong rally. Gold’s structural support remains intact as central banks still buy, while US-Iran tension also maintains a safe-haven demand. Gold...

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AUD/USD Forecast: RBA Decision vs Hawkish Fed Risks Cap Near-Term Upside

The AUD/USD forecast edges to the downside despite a hotter inflation print as the yields fell sharply, suggesting only a single RBA hike in the near term. Trump’s nomination of Kevin Warsh as the next Fed Chair lifts the US dollar, as markets view the decision as less dovish. COT positioning suggests reduced AUD longs,...

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EUR/USD Weekly Forecast: Bulls Fading from Multi-Year Top Ahead of ECB, NFP

The EUR/USD weekly forecast points to a corrective downside despite the pair ending the week with net gains, as the US dollar recovered slightly. Upbeat US PPI and the Fed’s hold in its recent meeting lent room to the falling dollar. The markets will closely watch the ECB rate decision and US employment data for...

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GBP/USD Weekly Forecast: Firm USD Risks Break of 1.37, Eyes on BoE, NFP

The GBP/USD weekly forecast remains slightly subdued as the markets pared partial weekly gains amid dollar recovery and profit-taking. Fed’s data dependency and resilient UK economy continue to balance the GBP/USD. Market participants eye the US NFP and the BoE interest rate decision to gauge further directional bias. The GBP/USD price closed its second consecutive...

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Gold Outlook: Strong Selling Amid Firm Dollar Ahead of US PPI

The gold outlook remains slightly deteriorated after a 4% plunge in a single session amid profit-taking. The structural demand for gold stays intact, with institutional targets set at $6,200 by mid-2026. Gold’s path could be bumpy depending on US macroeconomic data releases. Gold has been experiencing increased volatility after breaking the $5,500 barrier. The metal...

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