The Dollar and Pound are on the cusp of decisive trend developments, but their fundamental drive is not certain. Euro volatility, however, looks inevitable.
US Dollar Forecast– Dollar: Will Rates, Volatility Or Perhaps the Euro Finally Decide Trend?
The USDollar (Dow Jones FXCM Dollar Index) closed lower for the fourth consecutive week – thelongest series of losses for the currency since last June before the currency’s epic bull run kicked off.
Euro Forecast: Euro Rally Fueled by Rising Yields as Economic Momentum Cools
Rising yields in the Euro-Zone are the major driver of Euro strength in recent weeks.
British Pound Forecast – British Pound Turns Corner on UK Elections – Can it Break Higher?
The British Pound thundered higher as a surprising UK General Election result removed a great deal of political uncertainty and encouraged traders to shed short positions.
Australian Dollar Forecast – Australian Dollar Aims to Continue Rebound But Greece Still a Risk
The Australian Dollar looks poised to continue its month-long recovery but a risk aversion outbreak remains a potent risk if Greece fails to secure a funding deal.
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