Saturday, April 30, 2016

Weekly Trading Forecast: Systemic Changes Afoot for Risk, EURUSD, USDJPY?

Weekly Trading Forecast: Systemic Changes Afoot for Risk, EURUSD, USDJPY?


Weekly Trading Forecast: Systemic Changes Afoot for Risk, EURUSD, USDJPY?

Posted: 29 Apr 2016 07:27 PM PDT

Though still early yet, there have been some remarkable change in trend recently. Dollar is in retreat with the S&P 500 starting to slip. The Yen has surged while Gold has hit 15-month highs. Is something bigger stirring in the markets?

Dollar Struggles as Rate Disbelief Lingers, Euro and Yen Gain Ground

Posted: 29 Apr 2016 07:12 PM PDT

The Dollar dove to end this past week at its lowest level in 11 months. The extension of the currency’s slide from its 13-year high set back in late January (now down over 4.5 percent) was fueled by a distinct loss of traction in rate forecasts.

No comments:

Post a Comment