Tag Archives: Japanese yen

Busy Economic Calendar Ahead for US, All Bad News Already Priced Into the Market?

Fundamental Outlook for US Dollar is Bullish (overall, to get stronger). U.S. GDP slowed to 2.4% in the 2Q from a revised 3.7%. US durable goods orders fell 1.0% in June and 0.6% less transportation. Fed beige book shows contraction in some … Continue reading

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Further Gains for USD or Finally a Pullback?

Fundamental Outlook for US Dollar is Bullish (overall to get stronger). US Dollar surges as S&P 500 tumbles, risk appetite worsens. Yet late-week choppiness sees Dollar temper its gains, look forward to next week. Critical week of forex market event … Continue reading

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Weighed by Growth, Interest Rate and Financial Stability Doubts

Fundamental Forecast for Euro is Bearish (overall to get weaker). The EU agrees fundamentally to a bailout for Greece but leaves the details for a later date, Just as financial stability concerns subside, weak 4Q GDP readings add another burden … Continue reading

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