The USD/CAD outlook is positive amid dollar’s safe-haven demand. Escalating Iran-Israel conflict and rising oil prices support the pair. Diverging economic outlook limits the gains. The USD/CAD outlook gains traction on Monday, posting fifth consecutive winning streak on Monday. The pair moved above the mid-1.3700 area on Monday ahead of European session. The price opened...
The GBP/USD weekly forecast is mildly bearish amid central bank divergence. The Middle East crisis continues to weigh on the pound, adding gains to the US dollar. Market participants set eyes on PMI readings and US GDP and inflation data. The British pound managed to partially recover its losses against the US dollar after the...
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