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  • There is some very interesting event risk over the opening half of this coming week of trade. It starts with Elon Musk hosting SNL tonight for Dogecoin traders and moves into US inflation data to as means to stir the ongoing Fed debate and Dollar https://www.dailyfx.com/forex/video/daily_news_report/2021/05/08/Dollar-Tumbles-Dow-Hits-Record-Highs-and-Dogecoin-Traders-Tune-In.html https://t.co/LXhjv7ToWC
  • It was a big week for Gold bulls and Gold prices broke out to fresh two-month-highs, finally taking-out the 1800 level along the way. Get your market update from @JStanleyFX here: https://t.co/D222Ni37Dv https://t.co/KcMYyx3Ro4
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  • The docket thins out over the coming week, but there are a few serious market highlights that can make for some interesting opportunities in the week ahead. $GBPUSD has the technical chops and fundamental confluence (US CPI, UK GDP, etc) https://www.dailyfx.com/forex/video/daily_news_report/2021/05/08/Dollar-Tumbles-Dow-Hits-Record-Highs-and-Dogecoin-Traders-Tune-In.html https://t.co/BMUQ0xVOge
  • Risk management is one of the most important aspects of successful trading, but is often overlooked. What are some basic principles or risk management? Find out from @PaulRobinsonFX here: https://t.co/IsnpfIZNKr https://t.co/nBfJcptUDK
  • Dogecoin continues to trade higher with explosive energy, attesting to the cryptocurrency's new clout. Meanwhile, Bitcoin and Ethereum sink. Get your market update from @FxWestwater here:https://t.co/ohw714KqB2 https://t.co/EWxKoQykv1
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Forecast: Dollar Faces NFPs, Euro Anticipating Greece and Risk Languishes

Forecast: Dollar Faces NFPs, Euro Anticipating Greece and Risk Languishes

The week ahead of us will be driven by both frenetic speculative views and distinct event risk.

US Dollar Forecast– Dollar Goes for Nine-Month Rally with Fed Talk and NFPs on Tap

The Dollar came dangerously close to a nasty speculative spill this past week.

Euro Forecast - Euro Relief Rally May Hit Wall as Market Refocuses on EZ CPI, US NFPs

Commercial long positions continue to dig in, helping spark widespread gains in the EUR-crosses, particularly in EURGBP and EURUSD.

Japanese Yen Forecast – USD/JPY Holds 118.20 Support Ahead of Fed Rhetoric, NFP Report

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).

British Pound Forecast– British Pound Forecast to Fall Further Across the Board

The British Pound fell for the third week of the past four versus the US Dollar, hurt by disappointing economic data and generally dour trading sentiment.

Australian Dollar Forecast – Australian Dollar at the Mercy of Risk Trends on Greece, Fed Outlook

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 Forecast – Gold Stretches Into Key Resistance – April Outlook Hinges on Fed, NFP

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.

Forecast: Dollar Faces NFPs, Euro Anticipating Greece and Risk Languishes

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