Weekly Fundamental US Dollar Forecast: Greenback May Have Topped; US NFP This Week
The July Fed meeting changed the trajectory for the US Dollar for the rest of 2022.
The July Fed meeting changed the trajectory for the US Dollar for the rest of 2022.
It is another busy week ahead for traders, with several potentially high-impact events that could shift market sentiment and Fed rate hike bets. July closed out with strong gains for risk assets.
S&P 500 registers best month since November 2020. FTSE 100 breaks above 100 and 200DMA
Fresh data prints coming out of the US and Canada may influence the near-term outlook for USD/CAD amid the ongoing shift in monetary policy.