USD upside risks should be contained to near-term – MUFG
Analysts at MUFG Bank point out that their assumption of ‘more of the same’ from
Bank of England could signal a further slowdown in QE is likely over the next few months – Wells Fargo
Next week, the Bank of England will have its monetary policy meeting. Analysts at Wells
US: NY Fed’s GDP Nowcast declines to 3.7% for Q2 after this week’s data
The US economy is expected to grow by 3.7% and 4.4% in the second and
AUD/USD hits fresh six months lows under 0.7500
US dollar remains strong after FOMC and amid risk aversion. AUD/USD suffers the worst weekly
USD/CAD advances beyond 1.2450 on unabated USD strength
USD/CAD extends rally to fresh multi-month highs on Friday. US Dollar Index continues to push
ECB: Expecting to end PEPP next March as scheduled
In its Survey of Monetary Analysts published on Friday, the European Central Bank (ECB) noted
Sharp USD rally suggests sharp re-adjustment in positions has been taking place – Rabobank
Commenting on the market reaction to the FOMC's hawkish shift this week, Rabobank analysts noted
Cardano Price Forecast: ADA stalls four-day losing streak, but not out of the woods yet
ADA/USD attempts a bounce above 100-DMA on Saturday. Cardano wavers within a descending triangle
Dogecoin Price Prediction: DOGE eyes $0.1950 if key 100-DMA support caves in
Dogecoin price eyes a break below this key support on the daily chart. The May
SafeMoon Price Prediction: SAFEMOON sees a dead cat bounce before the next downswing kicks in
SAFEMOON price challenges key hurdle amid a recovery mode. Technical up on the 4H chart