Weekly Trading Forecast: US and China Ensure Trade Wars, Dollar and Pound Look for Guidance

in forex •  7 years ago 

headline_iStock-505916542.jpgThe Dollar took a notable spill to close out this past week as employment data came in close to expectations, local capital markets (like the Dow) charged and tariffs on China went into effect. So what will guide the currency moving forward?
The British Pound continued to bounce from a key support area this week, as driven by some positive comments from BoE Governor, Mark Carney. But a large cloud hangs over the currency as a key point in Brexit discussions takes place after today’s market close.

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