Last week, the Forex market was dominated by strong movement in the British Pound, which fell in value against the U.S. Dollar and Euro by more than 3.5%. We think the Pound remains vulnerable this week, while the Dollar will continue to strengthen, especially against emerging market currencies. Check out the weekly forecasts below to see what trades we expect to come up this week:
Want to learn more about how these forecasts can help you trade better? Check our free course on market volatility and see how you can take advantage of recent market movements and future trends.
Happy Trading,
The FX Academy Team
FX Academy, 2803 Philadelphia Pike, Claymont, Delaware 19703, United States