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Chris Cammack
Chris Cammack is partner manager and senior financial writer at FxScouts, specialising in broker relations and forex market analysis. As the former Head of Content (2019–2024), he set editorial standards for all content published at FxScouts, including broker reviews, broker comparison pages and education. With over a decade of experience in editorial management and partner relations, Chris builds and maintains our relationships with our partners to provide the best Forex trading experience for our users. He also co-hosts the “Let’s Talk Forex” podcast with Alison Heyerdahl, where he explores trading strategies, industry news, and macroeconomic trends to help traders navigate the markets with confidence.
Given the high probability of a US rate cut and the uncertainty in the EU, the price of the EUR/USD will remain dependant on EU data, rather than US events.
With interest rates now likely to fall at least twice this year - and Biden’s bid for a second term looking weak - gold prices are likely to remain elevated.
The GBP looks set for further gains over the coming weeks, especially considering any further weakness in the US economy. However, this may not translate into long-term gains for the EUR/USD.
Japan attributes yen weakness to market speculation. Learn how this impacts Forex trading and what it means for the future of the yen in global markets.
