Australian Dollar Price Forecast: Tough hurdle emerges at 0.7200
The Aussie Dollar extends its multi-week recovery, finally approaching the key 0.7200 barrier against the US Dollar.
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Gold’s glitter is here to stay as eyes turn to US inflation and Fed Chair Warsh
Gold is extending its previous week’s advance into Asia on Monday, refreshing three-month highs above $4,650 as bulls remain unstoppable amid a slew of US Dollar (USD) negative factors.
US Dollar Weekly Forecast: Enter Jackson, mind the (budget) Hole
It was not geopolitics, the US-Japan joint FX intervention to support the beleaguered Japanese currency or the omnipresent bets on what the Federal Reserve (Fed) might do in the second half of the year that kept the US Dollar (USD) well on the back foot over the past five days.
CFTC Report: Oil positioning rebounds; VIX and Yen exposure turn more bearish
The week in one sentence: Speculative positioning turned more constructive in the week to August 18. WTI recorded the largest increase, followed by a sharp narrowing in CAD net shorts.
US Dollar Weekly Forecast: The US Dollar’s new enemy is the bond market
It was not geopolitics, the US-Japan joint FX intervention to support the beleaguered Japanese currency or the omnipresent bets on what the Federal Reserve (Fed) might do in the second half of the year that kept the US Dollar (USD) well on the back foot over the past five days.
EUR/USD Weekly Forecast: US Dollar falls apart, what’s next?
The US Dollar (USD) collapsed this week, helping EUR/USD reach a fresh three-month high just above the 1.1700 mark, heading into the weekly close a handful of pips below that level but still firmly up.