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 Bull Run Longest on Record after Fed Updates Rate Outlook As lackluster as the volatility and sentiment reaction was to last week’s FOMC decision, the event sustained the Dollar’s incredible run. Now on a 10-week bullish binge, this is the most enduring greenback run on record. Euro at Potentially Significant Turning Point The Euro tumbled to fresh lows versus the high-flying US Dollar on a week of bad news for Europe and much better developments out of the US. ...
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 ...
Dollar Traders Look Ahead to Jackson Hole, Eye Volatility Warily In the past month-and-a-half, the currency has reversed from a significant escalation of a bearish trend bearing and subsequently marked impressive gains. Yet, without fundamentals to support the move, the speculative drive can easily collapse on itself. British Pound Heads into Critical Week - Could it Finally Bounce? ...
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 ...