US Dollar Forecast: Dollar Descent Continues as U.S. Markets Stare Down NFP, PCE The USD Pain Trade has continued for another week as the Fed laid the groundwork to begin Quantitative Tightening. Key inflation and employment prints on the docket for next week will likely keep the Greenback on the move. British Pound Forecast: Trending Up Against USD, Sideways Against EUR The coming week will be dominated by a meeting of the ...
USD/CAD Fundamental Analysis May 15, 2014 Forecast The USD/CAD eased by 4 points to trade at 1.0901 after the US dollar made healthy gains throughout the early part of the week. The loonie rose 0.08 of a cent to 91.74 cents US amid general U.S. dollar weakness. Analysts point to low expectations for first quarter U.S. gross domestic product growth, owing to the impact of severe winter weather and suggestions that the economy may actually ...