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Weekly Strategy Outlook

US Dollar Remains a Sell Until this Changes

Markets stand at a crossroads ahead of a key European Central Bank meeting and US Nonfarm Payrolls results. Why might the Euro bounce and US Dollar shed gains?

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Forex Market Conditions by Pair

Symbol Volatility Trend
EUR/USD
57%
USD/JPY
11%
GBP/USD
84%
USDOLLAR
56%
USD/CHF
46%
AUD/USD
21%
USD/CAD
55%
NZD/USD
34%
EUR/GBP
72%
EUR/JPY
11%
GBP/JPY
54%
USD/CNH
59%

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