Forex Weekly Forecast: US Dollar Surges, but for How Much Longer?
The US Dollar finished the week near decade-plus highs versus the Euro as it rallied against nearly all G10 counterparts.
The ECB can’t risk being too positive about recent economic developments, otherwise it risks upsetting capital markets – mainly bond and equity investors.
The Australian Dollar appears vulnerable to renewed weakness as soft jobs data and a slump in Chinese GDP growth stoke RBA interest rate cut speculation.
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