Monthly archive August, 2013

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 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 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 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 →

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 →