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 Call the Rally Over Yet
The US Dollar looked to take out key highs versus the Japanese Yen, Euro, and other counterparts. Yet a disappointing US Nonfarm Payrolls reportleft Dollar bulls wanting and yet the S&P 500 finished at record-highs – what might we see in the week ahead?
British Pound Rebound Vulnerable to BoE Forward-Guidance
The British Pound struggled to hold its ground even as the Bank of England (BoE) retained its current policy in August, and the sterling may face additional headwinds in the week ahead amid growing speculation that the central bank will adopt forward-guidance for monetary policy…
Gold Holds Support as NFPs Disappoint- $1349 Remains Key Resistance
Gold prices were softer at the close of trade this week with the yellow metal sliding 1.5% to close at $1312 in New York on Friday…
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Source: Daily fx
