Though the past week was characterized by a few volatile swings in risk appetite, the capital markets nonetheless find themselves pushing towards new bearish extremes. For the US dollar, this uncertainty and pessimism bodes well for two reasons.



The Economy and the Credit Market

Though the past week was characterized by a few volatile...

Euro Forecast to Lose Further Against US Dollar



Impressive Euro declines and US Dollar rallies have been met with aggressive forex crowd buying and selling, giving us strong contrarian signal to sell into EURUSD declines. Much the same can be said for other US Dollar based pairs; our sentiment-based trading systems are mostly long the USD against the Euro, British Pound,...

The Euro erased earlier gains after the final GDP reading for the fourth quarter showed that growth stagnated at the end of the year.

Talking Points
• Japanese Yen: Find Support on Risk Aversion and Upbeat BoJ
• Pound: Sunk By Slowdown in Service Sector
• Euro: Weighed by Flat 4Q GDP
• U.S. Dollar: Finding Support On Increasing Pessimism.

Euro Falters As 4Q Growth Stagnates, E.U. Looks To Calm Greece Fears

The initial...

US Dollar Still has NFP Volatility to Exercise, Will the Fed Hike?
Euro May Resume Decline After ECB Interest Rate Decision
Japanese Yen Poised For Correction on Oversold Signals
British Pound Could See Gains Reversed by Dovish BoE
Swiss Franc Outlook Mixed Against U.S. Dollar, Euro
Canadian Dollar to Advance on Risk Appetite, Rates Outlook
Why Would the Australian Dollar Selloff after an RBA Rate Decision?
New Zealand Dollar Consolidation Warns Of Potential Breakout...

US Dollar Surges then Pulls Back, What will Nonfarm Payrolls Bring?
Euro Recovery far from Guaranteed by EU’s Questionable Greek Accord
Japanese Yen May Be On The Verge Of Longer-Term Bearish Trend
British Pound To Test Upper Bounds as Economic Outlook Improves
Swiss Franc May Decline Against Pound and Dollar, Gain on Euro
Canadian Dollar Looks to Nonfarm Payrolls, Crude Oil for Direction
Australian Dollar Will Gauge Interest Rate Forecast ahead of RBA Meet...