(MENAFN- DailyFX) US DOLLAR PERFORMANCE VS. CURRENCIES AND GOLDFundamental Forecasts:
US Dollar Forecast: June US Inflation Data Could Reinforce DXY's Bullish Momentum
Next week's U.S. consumer price index report could show June inflation accelerated to new multi-decade highs, a result that could boost Treasury yields and the U.S. dollar in the near term
Stock Market Week Ahead: S&P 500 & DAX 40 Forecast
All of Nothing on US CPI. Russian Gas Flows Key to Europe
Australian Dollar Outlook: Low for Longer Keeps the Good Times Rolling
The Australian Dollar seesawed through the week, with an RBA rate hike and a blistering trade surplus. US Dollar strength keeps AUD/USD low, boosting the domestic economy.
Bitcoin (BTC), Ethereum (ETH) Forecasts – Grinding Higher in Quiet Conditions
Bitcoin has picked up a small bid this week and moved marginally higher. While the short-term outlook looks marginally more positive, the longer-term outlook remains negative.
British Pound (GBP) Weekly Forecast: NFP Beat Sets Up GBP for Further Downside
The pound looks to begin next week on the backfoot after stronger than expected NFP results played into dollar strength.
USD/CAD Rate Outlook Hinges on Bank of Canada (BoC) Rate Decision
USD/CAD may face a larger correction ahead of the Bank of Canada (BoC) interest rate decision as the central bank is expected to normalize monetary policy at a faster pace.
Technical Forecasts:
US Dollar Technical Forecast: At a Temporary Tipping Point
The Dollar reversed on Friday in the face of a generally bullish NFP report; some weakness in the days ahead looking likely.
S&P 500, Nasdaq 100, Dow Jones Forecast for the Week Ahead
Stocks rallied in the first full week of July and that move held through a strong NFP report. Next week brings CPI, and then the start of earnings season the following week.
British Pound Technical Forecast: GBP/USD Faces Tough Odds in the Week Ahead
The British Pound fell for a second week against the US Dollar, setting a fresh multi-year low. A rebound may occur, but the chance for a trend reversal looks slim. Where is GBP/USD headed?
Gold Price Technical Forecast: Gold Plummets into Last Line of Defense
Gold collapsed more than 3.8% this week with XAU/USD now testing multi-year uptrend support. Battle-lines are drawn. Levels that matter on the weekly technical chart.
Crude Oil Weekly Technical Forecast: US Crude Tests Key Levels
Oil prices have rebounded off of recent lows after bears failed to drive prices below Fibonacci support at $93.5. Key technical levels continue to hold firm.
Japanese Yen Forecast for the Week Ahead: USD/JPY, AUD/JPY, EUR/JPY, GBP/JPY
The Japanese Yen is starting to show some resilience against the US Dollar, Australian Dollar, Euro and British Pound. Where to for USD/JPY , AUD/JPY , EUR/JPY and GBP/JPY in the week ahead?
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