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04 June 2021
5 min read

NFP Friday Or NFI Friday?

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Morning!

Is King Dollar back?

Nobody knows, but yesterday's $ strength means some are at least thinking about it now...

The Aussie had a beautiful move...


@pipczar

Massive Head & Shoulders, faked out support (when that chart was posted) which drew in some OMG it's a failed breakout buyers and then it sold off a little further.

Across most of the USD majors, recent ranges were broken.

How long will it last?


Duration of U.S. dollar weakness splits FX analysts
The U.S. dollar outlook is uncertain, with foreign exchange strategists in a Reuters poll almost evenly split on the

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