MARKET WEEK AHEAD FORECAST: GOLD, US DOLLAR, EUR/USD, OIL U.S. Treasury yields retreated over the past few days, weighing on the broader U.S. dollar Meanwhile, gold prices, the Nasdaq 100 and EUR/USD rallied, breaching key technical levels during their move higher Few high-impact events are expected in the coming days, with a shorter trading week
Share: The Pound Sterling (GBP) slumped late in the New York session versus the Greenback (USD) as US Treasury bond yields rose and bolstered the USD, which is set to print its seven consecutive week printing gains. The GBP/USD hit a daily high of 1.2712 before reversing its course and diving toward the current exchange
S&P 500 FORECAST The S&P 500 and Nasdaq 100 slide, but remain near multi-month highs ahead of key earnings and the U.S. jobs report Apple and Amazon will announce quarterly results on Thursday Meanwhile, the U.S. Bureau of Labor Statistics will release the July employment report on Friday Recommended by Diego Colman Get Your Free