All of the driving fundamental themes are gaining momentum: rate speculation for the Fed and BoE; concerns of a revived Greece crisis; and fear of a market collapse despite stimulus.
Dollar Survives Reversal, Can Rate Speculation Hold Back Gravity?
The Dollar came dangerously close to starting a speculative landslide this past week. Yet, once again fundamentals have stepped in keep the record-breaking seven-month bull trend intact.
Euro Sentiment Still Driven by Greece amid Extreme Short Positioning
Euro short positioning continues to build as markets focus on tail-risk out of Greece.
USDJPY Surge Likely Short-Lived as Pairs Stick to Tight Ranges
The Japanese Yen finished the week noticeably lower versus all major counterpart and pushed the US Dollar/JPY exchange rate through key resistance. Could this be the start of a larger USDJPY breakout?
British Pound May Rise Following the BOE Inflation Report
The British Pound was left without guidance on rates after last week's BoE decision. The markets will look to dispel this uncertainty in the week ahead as the central bank publishes its quarterly Inflation Report.
Gold Plummets 4% on Stellar NFPs - Key Support in View
Gold prices plummeted this week with the precious metal off more than 4% to trade at $1231 ahead of the New York close on Friday.
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