The Dow Jones FXCM Dollar Index (ticker: USDOLLAR) fell for 10 consecutive trading days and finished at multi-month lows on a wave of mediocre US economic data and a sharp rally in global equity markets. Can it continue to fall in the week ahead?
The British Pound rallied to a fresh yearly high of 1.6722 following the
Given the incredible momentum behind the S&P 500 (as a risk gauge) and persistent tumble from the US Dollar (as a safe haven) this past week, we would assume that the Yen crosses would be hurtling higher on carry appetite.
The Australian Dollar is vulnerable to renewed selling as risk sentiment sours anew after a sharp retracement of the knee-jerk selloff driven by emerging market jitters.
Gold prices surged this week with the precious metal advancing more than 4% to trade at
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.