The weekend Forex report for the week starting September 4, 2022: The USD remains the king<p>The dollar continued to move higher last week. The US jobs report did show a modestly higher than expected NFP value, but there were other dampening details including more people entering the workforce which may take some pressure off wages. </p><p>US yields move higher out the curve as traders prepare for a tighter Fed for longer. </p><p>The US stocks fell for the 3rd week in a row led lower by the Nasdaq once again. </p><p> continues to be a focus as they hold all the cards as far as energy and that may continue into perpetuity. China looms on the outside looking in.</p><p>I also look at the technicals that are driving the dollar buying and what may give sellers more hope (i.e. short term risk). </p>
This article was written by Greg Michalowski at www.forexlive.com.
Source: The weekend Forex report for the week starting September 4, 2022: The USD remains the king (https://www.forexlive.com/technical-analysis/the-weekend-forex-report-for-the-week-starting-september-4-2022-the-usd-remains-the-king-20220904/https://www.forexlive.com/technical-analysis/the-weekend-forex-report-for-the-week-starting-september-4-2022-the-usd-remains-the-king-20220904/)
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