The US dollar surged on a big jump in yields, but appetite for further USD buying is fading given already one-sided positions. Does it have anything left for the coming week?
US dollar Forecast – US dollar Remains Strong, but for How Much Longer?
The US dollar finished the week near decade-plus highs versus the Euro as it rallied against nearly all G10 counterparts.
Australian dollar Forecast – Australian dollar May Turn Lower on Jobs Data, China Growth Slump
The Australian dollar appears vulnerable to renewed weakness as soft jobs data and a slump in Chinese GDP growth stoke RBA interest rate cut speculation.