FX Closing Bell July 10, Gold Price Pattern Favoring Volatility, USD/CAD In Spotlight For FX

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@ForexYell

The action in FX is expected to be focused around CAD, USD, & MXN as a week full of events and anticipated reactions to last week are in focus.

Highlights:
• Stage is set for USD to claw back recent losses but gains expected to be limited
• CAD remains near 2017 highs with ~92% probability of a hike on Wednesday
• Gold double top could signal market fears are on summer vacation
• Sentiment Highlight: JPY weakness remains in favor as retail Bears’ arise

Interested in DailyFX’s Fresh Trading Guides for Q3 2017? Click here to access:

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