US Dollar Forecast: Trump, Xi Meeting May Derail Data-Driven Trade The US Dollar is trying to return to more “normal”, data-driven trade but a meeting between US President Trump and his Chinese counterpart Xi Jinping may complicate matters. British Pound Forecast: GBP/USD Unfazed by Brexit Trigger; More Fed Rhetoric, NFP on Tap Despite all the anticipation surrounding ‘Brexit,’ the British Pound is little changed even as the U.K. ...
Dollar Traders Look Ahead to a Return of Liquidity and NFPs Relative performance versus weakened cross currencies and a stable economic footing are unlikely to drive EURUSD below 1.3000 or GBPUSD through 1.6500. The next leg will be decided between Fed rate forecasts and the level of volatility in the markets. As it happens, ...