US Dollar: Near Term Bearishness After Soft Jobs Growth ReportU.S. Dollar Currency IndexTVC:DXYRT_MoneyWelcome back to the Weekly Forex Forecast for the week of Aug 10 - 14th. In this video, we will analyze the following FX market: USD Dollar The US dollar starts the week facing near-term bearish and corrective pressure as softer job growth reduces market expectations for a Federal Reserve interest rate hike. Hopes for a U.S.–Iran peace deal sent crude oil prices down by about 20% over recent weeks, which cooled inflation expectations and weighed on the US Dollar Index (DXY). With the above being said, my view is the market is in a healthy pullback for just a few days, and the up trend is still intact. Patience is the key now. I am waiting for the pullback to end and look for the buy model to form at a POI. 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.