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USD Daily Review December 6, 2017

USD Daily Review for December 6, 2017

Dollar Range Poised to Give Way with NFP, FOMC in Sight

The U.S. Dollar continues to bounce in a relatively tight range, but with NFP on the docket for Friday along with FOMC on the calendar

 

Bearish AUD/USD As RBA on Permahold Mode and Melting Metals

The RBA looks to be showing AUD bulls the door after maintaining a neutral rate for a record 15 consecutive meetings and not expected to

 

British Pound Falls From Fibonacci Support as USD Tries to Pick a Direction

The U.S. Dollar remains in the middle of its recent range, but that hasn’t stopped burgeoning themes from building in Cable, Euro and the Australian

 

DailyFX US AM Digest: US Dollar Grinds Sideways; Brexit Concerns Weigh on Pound

The US Dollar gapped open at the start of the week but has not found much follow-through since then.

 

USD/JPY and AUD/USD Forecast December 6, 2017

The US dollar tried to rally during most of the session, but found enough resistance above to turn things around and form a shooting star. The shooting star …

 

EUR/USD Technical Analysis: Euro Struggling to Make Headway

The Euro broke support guiding prices higher over the past month, hinting the down trend started against the US Dollar in September may be resuming.

 

Dollar weakens as government shutdown looms

The dollar nudged lower on Wednesday, weighed by concerns about a possible U.S. government shutdown. Concerns offset optimism gained over progress on tax reform legislation. The Aussie meanwhile weakened as economic data showed worrying signs for growth.

 

USD/CAD Risks Further Losses on More Detailed BoC Exit Strategy

Fresh remarks from the BoC may fuel the near-term decline in USD/CAD should Governor Poloz and Co. show a greater willingness to further normalize monetary

 

Forex: Top FX Headlines: USD/CAD Looks to BOC to Catalyze Range Break: 12/6/17

– BOC hike odds are below 20% for today, around 35% for January, and above 75% for January. The market may be too dovish; the risk today is for a more hawkis…

 

Trading Outlook for Euro, AUD/USD, Yen-crosses, Gold & Silver, and More

Today we focused on a few USD-pairs and Yen cross-rates, as well as precious metals.

 

Have a nice trading!




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