Fundamental Forecast: GBPUSD and EURUSD Tumble Belie Dollar Strength
• The USDollar has advanced for 8 straight weeks - matching its longest run on records
• In the greenback's performance we are seeing the trouble in its counterparts
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Chief Strategist John Kicklighter discusses the top Forex fundamental themes for the coming week of trading. We aren't lacking for FX-based volatility anymore. The majors are experiencing incredible trends, but the progress isn't sourced from the dollar. Exceptional moves from the likes of EURUSD and GBPUSD are derived from a material increase in dovishness from the ECB and a growing fear of Scotland's exit from the United Kingdom. Will these moves continue? Is there yet a fundamental theme not yet realized? What should we watch for? We discuss this and more in the Fundamental webinar.
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DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.