A Fundamental Push for Key EURUSD, GBPUSD and USDJPY Levels?
A surge from the Dollar to close this past week has put many of the 'majors' on the verge a reviving a long-term trend.
US Dollar Forecast– US Dollar Recovery Fighting Liquidity, Growth Headwinds
There is little doubt in the market consensus that the Fed will be the first major central bank to hike rates, and that will maintain a long-term bid for the Dollar.
Euro Forecast - EUR/USD Rally Checked by ECB Commentary, Better US Data
Two major drivers of recent Euro strength - rising bond yields and weaker US economic data - abruptly turned around in concert this week.
Japanese Yen Forecast – USDJPY Stands at 2015 High With Fed and BoJ Policy in the Forefront
The near-term breakout in USD/JPY raises the risk for a run at the 2015 high (122.01).
Australian Dollar Forecast – Australian Dollar Recovery May Resume After US-Linked Interlude
The Australian Dollar may resume its recovery after a brief interlude amid jitters preceding key US economic news-flow last week.
Gold Forecast – Gold Outlook Remains Supportive Above 1200- All Eyes on FOMC, GDP
Gold prices are softer going into the final full week of May, with the precious metal off by more than 1.5% to trade at 1203 ahead of the New York close on Friday.
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