
EUR/CAD Forecast: Euro Under Pressure
EUR/CAD trades near 1.5800 as European protests weigh on the Euro, while weaker oil prices pressure the Canadian Dollar.

EUR/CAD trades near 1.5800 as European protests weigh on the Euro, while weaker oil prices pressure the Canadian Dollar.

GBP/USD stays near 1.3314 as traders await UK jobs and inflation data that could influence Bank of England rate expectations.

DXY remains below 102.00 as bullish momentum persists, with traders watching 102.03 resistance and 101.70 support.

Gold holds near $4,200 as softer October Fed hike bets support XAU/USD, while firm December hike expectations and a stronger dollar limit gains

EUR/USD rebounds toward 1.1250 after hitting a 2026 low. The pair faces resistance at 1.1290, while 1.1100 remains key support.

USD/JPY trades near 158 as the Yen gains modest support. Traders watch 157.05 support and 159.45 resistance for the next move.

AUD/USD retreats near 0.6940 as the US Dollar steadies and RBA rate-hike bets ease after weak Australian jobs data.

Canada’s headline CPI is expected to stay at 3%, while core inflation may ease to 1.8% as energy prices rise.

Gold trades near $4,160 as higher US yields limit gains. XAU/USD remains below $4,200, with $4,100 as key support.

Silver price falls toward $57 as bearish momentum grows. XAG/USD risks $55, with $54.77 and $54.39 as key downside levels.

Nordea keeps its Fed outlook unchanged, seeing another rate hike this year and one more in 2027 as inflation and growth remain strong.

NZD/USD rises above 0.5650 as lower US yields and dovish Fed signals weaken the Dollar, while traders await New Zealand inflation data.