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US dollar likely to remain strong at least for 6 months - Reuters poll

The US dollar will likely remain strong for six to 12 months or more than a year, according to 60% of analysts who participated in the Reuters poll conducted between Jan. 6 and Jan. 9.

Key points

  • EUR/USD is expected to gain about 2% in six months and end the year at 1.15. 
  • The anti-risk Japanese yen is forecasted to strengthen by 3% by the end of 2020.
  • The British Pound is seen gaining less than 1% against the greenback in 12 months.

USD/JPY bulls menace at key resistance level ahead of key events, potential to breakout

USD/JPY is currently trading at 109.50 following a steep advance from the 107.65 lows of yesterday's business, subsequent of a de-escalation of the Ir
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Gold: On a slippery ground below $1550 as trade sentiment stays positive

Gold prices extend declines below $1,550, at $1,548.55 currently, during the early Friday.
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