US Dollar: STRONG! Big Move Expected This Week & Next!US Dollar IndexCAPITALCOM:DXYRT_MoneyWelcome back to the Weekly Forex Forecast for the week of June 8-11th. In this video, we will analyze the following FX market: USD Dollar The US Dollar is expected to maintain upward momentum and stay strong this week, following a blowout Nonfarm Payrolls report that bolstered expectations of Federal Reserve interest rate hikes. What to watch: - Federal Reserve Expectations: Strong jobs data has led markets to price in a higher probability of upcoming rate hikes, providing significant upward support for the dollar. - Upcoming Economic Data: The trajectory of the Dollar could see volatility mid-week depending on the upcoming US Consumer Price Index (CPI) and Producer Price Index (PPI) releases, which will provide further clarity on inflation. - Global Central Banks: The European Central Bank (ECB) rate decision is in focus. If the ECB takes a similarly hawkish stance, it could pressure the Dollar/Euro pairing. - Geopolitics: Ongoing geopolitical developments, particularly concerning potential US-Iran negotiations and tensions in the Middle East, continue to support safe-haven demand for the US currency. Suggestion: Wait for the pullback to support at the beginning of the week . Likely Monday and Tuesday. Wait for the buy model to form there, and then look to long the USD against the other currencies. Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.