US Dollar Weekly Forecast: The Dollar’s pullback changes little
The US Dollar (USD) has come under fresh downward pressure this week.
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Gold Price Forecast: XAU/USD recaptures 21-day SMA, but sellers refuse to give up yet
Gold is easing from ten-day highs just above $4,200 early Monday, as risk sentiment turns sour and revives safe-haven demand for the US Dollar (USD).
US Dollar Weekly Forecast: The Dollar stumbles, but the bigger picture remains unchanged
The US Dollar (USD) has come under fresh downward pressure this week.
Gold Weekly Forecast: Buyers show interest as markets dial back near-term Fed rate hike expectations
Gold (XAU/USD) gathered bullish momentum and closed the week in positive territory after posting four consecutive weekly losses. Investors could react to changes in technical outlook in the near term amid an economic calendar that lacks high-impact events.
EUR/USD Weekly Forecast: US Dollar rally stalls, but for how long?
The EUR/USD pair trimmed part of its recent losses and settled around 1.1450 as demand for the US Dollar (USD) cooled down. On the one hand, easing concerns about the Middle East war and its consequences pushed investors away from the USD’s safety.
EUR/USD Price Forecast: Euro stalls below 1.1475 despite US Dollar weakness
The Euro (EUR) trades higher for the second consecutive day on Friday, with the US Dollar (USD) on its back foot in the aftermath of the disappointing US Nonfarm Payrolls (NFP) report released on Thursday. The EUR/USD pair, however, is struggling to breach resistance at 1.1475 so far.