Weekly Fundamental US Dollar Forecast: Worst Month Since 2010, Was it Overdone?

The US Dollar saw its worst month since September 2010 as the markets aggressively priced in a dovish Federal Reserve down the road. A tight US jobs report hints that USD’s move might be overdone.

from DailyFX – Market News https://bit.ly/3OVFm2c
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Australian Dollar Outlook: US Dollar Beat-up Boosts AUD/USD

The Australian Dollar stretched higher with the US Dollar copping a flogging following not hawkish enough comments from Fed Chief Powell. Will AUD/USD make a new peak?

from DailyFX – Market News https://bit.ly/3H3LljD
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British Pound (GBP) Outlook – GBP/USD Driven Higher by the US Dollar, Where Next?

Sterling is going to need to do some heavy lifting to keep GBP/USD moving higher, and next week’s economic calendar is of little help.

from DailyFX – Market News https://bit.ly/3B1xoP5
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Keeping Up Dow Rally and Dollar Tumble Momentum May Be Difficult Next Week

Capital markets attempted to retake control this past week on a Fed-driven charge, but the effort fell apart before hitting critical moment. The Dollar’s slide on the other hand is still on the verge of technical progression. Yet, momentum will compete with distraction around the following week’s Fed and ECB rate decisions.

from DailyFX – Market News https://bit.ly/3Urtc2i
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