US Dollar Forecast – Dollar Looks to Yellen to Turn Volatility into Trend, Will She Acquiesce? Indecision is a universal market theme. And, the Dollar has not escaped the sedation. A confluence of conviction and participation is proving exceptionally difficult to muster due to the growing sense of skepticism in fundamental value as well as the seasonal lull that we expect through the ‘Summer doldrums’. European Euro Forecast – Euro Traders Look to US Dollar for Next Major Moves ...
US Dollar Forecast – Will Yellen Step in to Stem Dollar’s Tumble as June Hike Vanishes? There are two scenarios for the week ahead: either the market fully acknowledges that the Fed is hamstrung and cannot hike or Chairwoman Janet Yellen spurs a dramatic Dollar rally. European Euro Forecast - Patience the Key for the ECB; but Will the Bazooka Hit its Target? There was a European Central Bank meeting this past Thursday, ...
US Dollar Forecast – Fed Provides Dollar Lift, FOMC Speak and SPX May Play Key Roles The Dollar is finding some serious reprieve from a painful three months of selling pressure. British Pound Forecast – BoE Warns of Weakness, Even Without Brexit The British Pound put in a strong week of gains through Thursday, snapping the two-week losing streak that the Sterling put in against the US Dollar after running up to a new nine-month ...
US Dollar Forecast – Dollar Seeks Guidance from Fed Speculation, Risk Trends, ECB and Oil There can be disadvantages to being the world’s most liquid currency. The Dollar’s intrinsic integration into the global financial system makes it particularly vulnerable when its fundamental health is shaken and the world is in a state of flux. British Pound Forecast – Little Relief Ahead for G10 FX’s Weakest Currency, the British Pound ...
"Gold prices dropped from $1227 on Friday to $1202 per ounce on Monday which was slightly above the top end of the $1190 price zone. Could it be possible Monday’s price action was the secondary reaction we were looking for? Possibly, but be mindful that it may still be coming. Therefore, the door is still open for a rejection between current levels and $1291 which may lead to a sell off towards $1167-$1190 per ounce." "The bottom line is ...