U.S. Dollar Forecast for week starting July 9, 2006

Discussion in 'Forex' started by cscott, Jul 8, 2006.

  1. cscott


    I predict that when people start re-evaulating the recent data, including NFP, that the U.S. dollar will become stronger this week. Especially against the NZD, with the NZD dropping down to around 0.5950.
  2. Well the USD did become stronger, but the NZD's reaction did not follow through, actually it did the opposite and it was not normal.

    I eyed the daily chart and until recently there was a seemingly, definable correlation.