Weekly Forex Forecast
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Weekly Forex Forecast
The U.S. Dollar finished sharply lower on Friday against its key counterparts on government credit rating fears and lackluster interest rate prospects. Markets began pricing in the previously unthinkable - a US Treasury default - on risks that U.S. legislators may not agree to a budget deal as the government will soon run short of cash.
Technical and fundamental analyses in one place, with charts of the major currencies to give you a glimpse of what to expect in your Forex trading during the week of July 11, 2011.
With so many markets closing up last week, it looks like the tides are finally changing - or are they? Take a look at our forecasts for the majors this week to see what you can expect in your Forex trading.
Following a week of extreme market volatility, the U.S. Dollar Index closed relatively unchanged against its major counterparts, as illustrated by most liquidly-traded currency pair (EURUSD) which remains locked in an astonishingly narrow 3.3% range since mid July. Get the roundup of all major currencies here.
Technical and fundamental analysis of EUR, USD, AUD and four other major currencies, all in one place.
Take a look at technical and fundamental analyses of the major currency pairs side by side to get a look at where the market will be going in the days ahead.
Technical analysis and fundamental analysis of the major Forex currencies can help you trade smarter this week - get the scoop now!
Get technical and fundamental analyses in one place in this weekly currency forecast.
Our experts focus on EUR, USD, GBP and other majors to help you trade more profitably this week.