Weekly Trading Forecast: US Dollar Set to Rally as Greek Crisis Intensifies
Whether or not the USD can continue its recent streak will almost certainly depend on the outcome of ongoing Greek negotiations and highly-anticipated US labor market data.
Negotiations may be ongoing, but: Greek officials are putting the country to a referendum vote over the Eurogroup's aid proposal, in which the government will campaign against it in a lead up to a July 5 vote. The Euro is rightly upset, and the week ahead doesn't look any easier.
The Australian Dollar is likely to fall in with sentiment trends as Greece debt negotiations and US economic data drive market-wide risk appetite.
The fundamental developments coming out of the U.K. economy may spark another near term rally
Gold prices plummeted this week with the precious metal down 2.2%
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