USD Graphic Rewind 08.02

Opening Comment 08.02

Currencies remain well bid across aboard at the start of the week and it will be interesting to see how the markets respond to a week full of US data and central bank event risk.

fwf_073010_gold_description_tof_073010_gold.png, Gold Recouples with Risk Sentiment, Eyes US Jobs Report

Fundamental Forecast for Gold: Neutral

Gold outlook hinges on underlying risk sentiment ahead of another large batch of second-quarter earnings reports from top companies as well as the closely-watched US jobs report amid expectations for further improvement in private payrolls.

Forex Trading Weekly Forecast – 08.02.2010

US Dollar Could Be Dragged Lower On Rising Unemployment

Euro To Face Headwinds As ECB Likely To Keep Exit Strategy On Hold

Japanese Yen May Strengthen as Traders Seek Safety

British Pound Volatility Ahead on Bank of England Rate Decision

Canadian Dollar May Falter On Weakening Global Picture

Australian Dollar Rally Could Falter As RBA Holds Interest Rate Steady

New Zealand Dollar Vulnerable as Rate Expectations Falter

Gold Recouples with Risk Sentiment, Eyes US Jobs Report

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