USD: Data focus on retail sales and ISM – TD Securities

TD Securities analysts highlight that strong February US Retail Sales and a third consecutive rise in ISM Manufacturing could support the Dollar in coming days.

USD/JPY softens as Middle East de-escalation hopes weigh on USD ahead of key US data

USD/JPY trades around 158.50 on Wednesday at the time of writing, down 0.14% on the day after touching a little over a one-week low near 158.27 earlier in the day.

EUR/GBP: Upside bias on BoE repricing – ING

ING’s Francesco Pesole writes that EUR/GBP volatility has reflected shifting rate differentials, but Bank of England (BoE) pricing may fall faster than for the European Central Bank (ECB) .

USD: Conflict endgame risks point to renewed weakness – MUFG

MUFG’s Head of Research Derek Halpenny argues that while risk sentiment has improved on hopes the US will soon end its conflict with Iran, the recovery looks fragile and the US Dollar is likely to weaken again.

ECB’s Makhlouf: Ready to act when data clarifies war effects

European Central Bank Governing Council member Gabriel Makhlouf said during the European trading session on Wednesday that the central bank will make any monetary policy adjustment when officials have sufficient data regarding the consequences of the Middle East war.

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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