Don’t waste your time – keep track of how NFP affects the US dollar!

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June 8: limited optimism

The week starts positively, but on a milder note compared to some aggressive gains achieved recently; with the exception of the USD/JPY, the US dollar is generally weak.

June 4: the ECB meeting

The USD is trying to retrace losses versus other major currencies, while traders await comments from the ECB…

June 3: AUD winning, USD losing

As the risk-on mood stays in the market pushing the AUD to beat new local highs, the USD goes down, gold - sideways, and the oil price - up.

Weekly Market Outlook: June 1-5

The US-China tensed relationship coupled with the US domestic unrest weakens the USD against most currencies. The AUD, oil, and gold rise.

May 28: Risk is returning

The Forex market is more risk-on compared to the previous days, hence the US dollar has given up some of its positions.

May 26: S&P 500 passed 3000

The market sentiment is risk on today. It’s based on recovery dynamics and potential drug developments. Nevertheless, tensions between the USA and China remain in focus.

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