Saturday, May 7, 2016

Weekly Trading Forecast: Dollar Struggles with Recovery, Euro Faces Greece, Pound Awaits BoE

Weekly Trading Forecast: Dollar Struggles with Recovery, Euro Faces Greece, Pound Awaits BoE


Weekly Trading Forecast: Dollar Struggles with Recovery, Euro Faces Greece, Pound Awaits BoE

Posted: 06 May 2016 07:14 PM PDT

A notable slip in risk trend and rebound from the Dollar this past week has spurred speculation of reversals. However, is there enough fundamental leverage to change the market's tack and develop serious moves?

NFPs Falls Short of Dollar Liftoff, Beware Speculative Positioning

Posted: 06 May 2016 07:10 PM PDT

The USDollar extended its best run through Friday's close since early November - when the Index notably hit a 12-year high.

Dollar’s Next Move Falls to Speculators Rather Than Data

Posted: 06 May 2016 07:04 PM PDT

The Dollar started off this past week at an 11-month low and ended it with the best run since the early November climb that drove the Dow Jones FXCM Dollar Index (ticker = USDollar) to 12-year highs.

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