The US Dollar appreciated on less-dovish Fed monetary policy bets as Middle East tensions fueled risk aversion, leaving the S&P 500 with numerous bearish reversal warning signs.
We may find the top scheduled event risk next week displaced for market moving potential by an increasingly volatile theme. Key event risk ahead includes Friday’s US 2Q GDP update and the global...Continue Reading
The Dollar uptrend from 2018 still holds, near-term price action could be overshadowed by medium-term bullish signals. As USD/JPY eyes support, AUD/USD may reverse on resistance.