The Dow Jones and S&P 500 have been benefiting from dovish Fed bets. Gold soared as the US Dollar sank. Ahead, crude oil prices face the OPEC+ meeting. AUD/USD awaits the RBA.
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Canadian Dollar Forecast: USD/CAD Looks Poised for Further Upside, BoC Rate Decision Holds the Key
The Canadian dollar looks set to continue its recent struggles. Will the Bank of Canada spring another surprise at next week’s policy meeting?
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Euro Weekly Outlook: EUR/USD at the Dollar’s Mercy, 1.05 Still Key
The euro was unable to hold above 1.05 after NFP data bolstered the USD ahead of a relatively quiet week.
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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.
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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?
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