Weekly Trading Forecast: Can Markets Hold Steady Through US GDP with Trade Wars Exploding?

US Dollar Forecast – US Dollar May Rise After Trump Meets Juncker, GDP Growth Soars The US Dollar may return to the offensive as President Trump dials down trade war rhetoric while second-quarter GDP data puts US growth at a four-year high. British Pound Forecast – GBP: Holiday Lull Ahead but Brexit May Break the […]

EUR/USD Weekly Technical Outlook: Higher-low, Support Test, or Nothing?

EUR/USD Technical Highlights: EUR/USD higher low on ‘hidden’ support could be in the works Or, a big retest of the low-11500s could also be in store, or Another week of range-bound, summer trading conditions Check out our intermediate-term fundamental and technical perspective on EUR/USD in the recently released DailyFX Q3 Euro Forecast. The last few […]

Dow Charge Evidence Trade Wars Don’t Matter and Where are EURUSD, GBPUSD Heading?

Talking Points: Top headlines to end the week was the implementation of the US-China reciprocal ($ 34 bln) tariffs and June NFPs Despite the rubber hitting the road on trade wars, US equity indices buoyed sentiment – raising questions for sentiment Key event risk ahead are unscheduled updates on the trade war, the Fed’s report […]