US Dollar Weekly Forecast: The Fed is not ready to blink, and the Dollar knows it
The US Dollar’s (USD) week was an apathetic one. There were ups and downs and plenty of uncertainty in the geopolitical field.

The US Dollar’s (USD) week was an apathetic one. There were ups and downs and plenty of uncertainty in the geopolitical field.
Gold is staging a solid comeback in early Asia on Monday, recapturing the $4,550 barrier on its way to $4,600, while reversing last week’s decline.
The US Dollar’s (USD) week was an apathetic one. There were ups and downs and plenty of uncertainty in the geopolitical field.
The EUR/USD pair fell for a second consecutive week, settling not far above a fresh multi-week low of 1.1576. War-related headlines kept driving financial markets, coupled with mounting speculation that the United States (US) Federal Reserve (Fed) will deliver a rate hike before the year is over.
The US Dollar (USD) advanced further and closed its second consecutive week of gains, always underpinned by further conviction of a tighter-for-longer Federal Reserve and unabated uncertainty surrounding the Middle East crisis, with rumours of a US-Iran deal are still far from materialised.
The British Pound (GBP) stalled its recovery from six-week lows near 1.3300 against the US Dollar (USD), as sellers continued to lurk above the 1.3450 region.