EUR/USD Forecast: uncertainty rules but faith in the greenback intact
The EUR/USD pair ends the week on a higher note, but gains were far from being caused by a stronger common currency...
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GBP/USD as May looks more stable, USD weakens
GBP/USD extends gains into the mid-1.2800s, up on positive political developments for PM May. Michael Gove confirmed he will stay. Reports about a no-confidence motion have not been confirmed. Fed officials' concerns weigh on the USD.
USD/JPY extends slide below 113.00, hits 2-week lows
The USD/JPY pair dropped further during the American session on the back of a slide of the US dollar across the board. It bottomed at 112.65, the weakest level since November 2.
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All in all, issues in housing, investment, and trade are bubbling. The Fed may remain hawkish for a while, but will have to act sooner or later. The Dollar domination has its limits.
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