Dollar Threatens Reversal, Pound Sports Rally, Euro Faces Volatility
The Dollar and Pound are on the cusp of decisive trend developments, but their fundamental drive is not certain. Euro volatility, however, looks inevitable.
US Dollar Forecast– Dollar: Will Rates, Volatility Or Perhaps the Euro Finally Decide Trend?
The USDollar (Dow Jones FXCM Dollar Index) closed lower for the fourth consecutive week – thelongest series of losses for the currency since last June before the currency’s epic bull run kicked off.
Euro Forecast: Euro Rally Fueled by Rising Yields as Economic Momentum Cools
Rising yields in the Euro-Zone are the major driver of Euro strength in recent weeks.
British Pound Forecast – British Pound Turns Corner on UK Elections – Can it Break Higher?
The British Pound thundered higher as a surprising UK General Election result removed a great deal of political uncertainty and encouraged traders to shed short positions.
Australian Dollar Forecast – Australian Dollar Aims to Continue Rebound But Greece Still a Risk
The Australian Dollar looks poised to continue its month-long recovery but a risk aversion outbreak remains a potent risk if Greece fails to secure a funding deal.
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