The week ahead of us will be driven by both frenetic speculative views and distinct event risk.
The Dollar came dangerously close to a nasty speculative spill this past week.
The fundamental developments coming out of the U.S. economy may continue to undermine the long-term bullish outlook for USD/JPY as recent headlines point to a growing dissent within the Federal Open Market Committee (FOMC).
The Australian Dollar is at the mercy of risk appetite trends in the week ahead as Greece fights to secure bailout funding and payrolls data informs Fed rate hike bets.
Gold prices are higher for a second consecutive week with the precious metal advancing 1.48% to trade at 1199 ahead of the New York close on Friday.
Sign up for a free trial of DailyFX-Plus to have access to Trading Q&A's, educational webinars, updated speculative positioning measures, trading signals and much more!
Want to develop a more in-depth knowledge on the market and strategies? Check out the DailyFX Trading Guides we have produced on a range of topics.