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Record S&P and Bad NFPs, But The Dollar Continues to Be Bought

The USDollar moved lower on Friday with disappointing NFPs, but ended the week higher against all the majors. Will the S&P hold a record 1,700 level or give way and send the Dollar sky high? Dollar Can’t Hold Gains, but Don’t Read More →

Dollar Can’t Hold Gains, but Don’t Call the Rally Over Yet

Dollar_Cant_Hold_Gains_but_Dont_Call_the_Rally_Over_Yet_body_Picture_1.png, Dollar Can’t Hold Gains, but Don’t Call the Rally Over Yet
Dollar Can’t Hold Gains, but Don’t Call the Rally Over Yet Fundamental Forecast for US Dollar: Bullish US Dollar tumbles on Nonfarm Payrolls disappointment Federal Read More →

Gold Holds Support as NFPs Disappoint- $1349 Remains Key Resistance

Gold_Holds_Support_as_NFPs_Disappoint_1349_Remains_Key_Resistance_body_Picture_1.png, Gold Holds Support as NFPs Disappoint- $1349 Remains Key Resistance
Gold Holds Support as NFPs Disappoint- $1349 Remains Key Resistance Fundamental Forecast for Gold: Neutral Gold Bleeding Lower; Focus is on 1282 Gold, Crude Oil to Read More →

British Pound Rebound Vulnerable to BoE Forward-Guidance

British_Pound_Rebound_Vulnerable_to_BoE_Forward_Guidance_body_Picture_1.png, British Pound Rebound Vulnerable to BoE Forward-Guidance
British Pound Rebound Vulnerable to BoE Forward-Guidance Fundamental Forecast for the British Pound: Neutral GBP/USD Month Open at 1.5207; Near Term Resistance at 1.5150/70 Trading a Potentially Significant GBPJPY Read More →

Weak US Non-farm Payrolls Propels Dollar Plummet

THE TAKEAWAY: US Non-farm Payroll come in much weaker than expected at +162K > GBPUSD rallies up to $1.5300 US Non-farm Payroll numbers came in significantly weaker than expected: +162K July actual; +185K Bloomberg News survey expected; +188K prior (revised down Read More →

Key USD Levels to Watch Post-NFPS, AUD to Face RBA Rate Cut

Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10862.77 10880.16 10803.86 0.55 102.61% Chart - Created Using FXCM Marketscope 2.0 Release Expected Actual Change in Non-farm Payrolls (JUL) 18K 1.62 Unemployment Rate (JUL) 7.5% 7.4% Personal Income (JUN) 0.4% 0.3% Personal Spending (JUN) 0.5% 0.5% Personal Consumption Expenditure Deflator (YoY) (JUN) 1.3% 1.3% Personal Consumption Expenditure Core (YoY) (JUN) 1.1% 1.2% The Dow Jones-FXCM U.S. Dollar Index Read More →