Euro Weekly Forecast: EUR/USD Rallies, Gas and Drought Remain a Worry
The fundamental forecast for the Euro next week is neutral as the US CPI bounce fades.
The fundamental forecast for the Euro next week is neutral as the US CPI bounce fades.
Gold prices surged after economic data fueled Fed pivot bets. XAU’s rally, fueled partly by short covering, may end soon, especially if the Fed sends a stronger response to ardent investors.
The Federal Open Market Committee (FOMC) Minutes may drag on the US Dollar should the central bank show a greater willingness to implement smaller rate hikes.
The Australian Dollar finished higher last week after US inflation data excited markets and sent the US Dollar lower, lifting AUD/USD. Will the US Dollar dominate AUD/USD?