Dollar Index:
Dollar Index declined further, hovering near 97.0–96.9 — its weakest level since February 2022.
Key Driver: Markets digested a slightly hotter US core PCE inflation report (+2.3% YoY for May), paired with weak personal spending, reinforcing expectations that the Federal Reserve might pivot to rate cuts later this year.
GBPUSD:
The pound surged, touching highs around 1.3770 — its strongest in nearly four years — before dipping slightly to finish the week near 1.3720
Weekly gain clocked in around +2%, the largest move since early March
Rally Fuelled By: Broader dollar weakness, easing Middle East tensions (ceasefire), and dovish Fed signals suggesting potential rate cuts.
EURUSD
The euro enjoyed a rally, peaking near 1.1754 — its highest since September 2021 — before closing the week around 1.1720
Weekly gain came to approximately +1.7% to +1.9%, driven by euro strength and broad weakness in the US dollar
Traders are eyeing upcoming US data (PCE inflation, Michigan sentiment) for next directional cues
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I will be approaching the markets differently from now on.
Based on the feedback from past analysis, I will be compiling all related pairs into one video, giving you guys the ability to see how one asset affects the other.
This is called inter-market relationship and it's something i've been doing for years.
It gives you confidence on what pairs are 'Hot Picks' and the ones that have a high chance of not delivering the way you want.
Dollar Index declined further, hovering near 97.0–96.9 — its weakest level since February 2022.
Key Driver: Markets digested a slightly hotter US core PCE inflation report (+2.3% YoY for May), paired with weak personal spending, reinforcing expectations that the Federal Reserve might pivot to rate cuts later this year.
GBPUSD:
The pound surged, touching highs around 1.3770 — its strongest in nearly four years — before dipping slightly to finish the week near 1.3720
Weekly gain clocked in around +2%, the largest move since early March
Rally Fuelled By: Broader dollar weakness, easing Middle East tensions (ceasefire), and dovish Fed signals suggesting potential rate cuts.
EURUSD
The euro enjoyed a rally, peaking near 1.1754 — its highest since September 2021 — before closing the week around 1.1720
Weekly gain came to approximately +1.7% to +1.9%, driven by euro strength and broad weakness in the US dollar
Traders are eyeing upcoming US data (PCE inflation, Michigan sentiment) for next directional cues
------------------------------------
I will be approaching the markets differently from now on.
Based on the feedback from past analysis, I will be compiling all related pairs into one video, giving you guys the ability to see how one asset affects the other.
This is called inter-market relationship and it's something i've been doing for years.
It gives you confidence on what pairs are 'Hot Picks' and the ones that have a high chance of not delivering the way you want.
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。