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USD upside remains intact – TDS

FXStreet (Edinburgh) - The upbeat momentum in the USD would extend in the upcoming periods, suggested strategists at TD Securities.

Key Quotes

“We expect the growth and policy divergence between the US and Europe/Japan to support a significant extension in the secular bull run in the USD”.

“But the scope for USD gains is now likely to be a constraint to Fed tightening as we move into 2016”.

AUD/USD correction within downtrend – EW Forecast

Gregor Horvat of EW-Forecast uses Elliott Wave Analysis to predict that AUD/USD may move towards 0.7700/0.7850 levels, with the current rally being part of a correction.
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USD/CHF erases gains, back to 0.9000

USD/CHF weakened during the last hours amid a decline of the US dollar across the board. The pair printed a fresh daily high at 0.9093 but then turned to the downside.
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