US Dollar Forecast - Dollar Looks to Close Out Best Quarter Since Great Financial Crisis We are only a few days from the close of the US Dollar’s best quarterly performance since the third quarter of 2008 – at the height of the financial crisis. British Pound Forecast - British Pound Goes Back to Basics – Yields Point to GBP Strength The British Pound traded higher versus all G10 counterparts save the US Dollar and Japanese ...
Dollar’s Best Rally in 18 Months Will Stall Without Catalyst Looking into the dollar’s backdrop, there is little of the fundamental motivation we would normally expect the currency to advance on. Without a turn in speculative appetites, groundswell in the market’s rate forecasts or material drop in other majors; the dollar’s rally is ...
US Dollar Rally at the Mercy of Volatility, Interest Rate Trends The Dow Jones FXCM Dollar Index (ticker = USDollar) mounted its biggest rally in six months this past week. That is a serious reversal of fortune from the technical collapse the currency was facing in the first half of July. Yet, the transition from rebound to full-blown ...
US Dollar Fails to Break Despite Stellar NFPs. Where are the Trades? The Dollar tumbled to fresh yearly lows through the past week, but a late week reversal actually left the Dollar Index higher on the week. Is this the start of a more significant Dollar reversal? Exogenous Threat to Euro Exists as ECB Policy Diverges from BoE, Fed The ECB’s ‘lower for longer’ stance is prohibitive for the Euro because the British Pound and the US Dollar are being bombarded with strong economic ...
EUR/USD Stays Motionless 'We've kind of traded sideways a little bit. It's largely technical, but there's some geopolitical headlines that may be weighing on risk appetite.' - Commonwealth Foreign Exchange (based on Bloomberg) Pair's Outlook There are still no consistency among the technical indicators, as they are pointing in different directions on the weekly an monthly time-frames. Nevertheless, the currency pair is considered to be capable of rising ...
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