US Dollar Forecast – US Dollar Falls Despite Strong Payrolls Data – What Could Save it?
A strong run of US economic data and a particularly positive November employment report wasn’t enough to lift the US Dollar as it fell against most major counterparts.
Euro Forecast – Euro Avoids Stimulus-Led Collapse but a Strong Rally Unlikely
It was a sense of relief that rallied the euro this past week.
Australian Dollar Forecast – Australian Dollar Finds a Temporary Lifeline in Seasonal Forces
The Australian Dollar dipped to a three-month low last week.
Gold Forecast – Gold Slumps Amid Improving US Outlook- November Range in Focus
Gold prices were softer on the week with the precious metal shedding 1.8% to trade at $1230 ahead of the New York close on Friday.
How does a Currency War affect your FX trading?
Written by the DailyFX Research Team. To sign up for a weekly e-mail with our currency outlooks, go to our page for forex news delivered to your inbox.
DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.Learn forex trading with a free practice account and trading charts from FXCM.
Source: Daily fx
