Stock Forecasting Using AI: This Week's Top 10 Stocks, Stocks Under $10, Aggressive Stocks Specific Stock Forecasts Based on AI: AMZN, GOOG, AAPL, TSLA, BABA, More ❯❯

The US dollar had an event-heavy week to start off June. The US dollar surged early last week as the uncertainty about the Euro arose due to political events happened in Europe and the volatility in Asian markets driven by threats of an immediate trade war between the US and China. On Thursday (May 31), the Euro rebounded as Italy's politicians seemed to have found a resolution to their struggles in forming a new government. In the same day, the Trump administration announced it was putting tariffs on steel and aluminum imports from Canada, Mexico and Europe, strengthening fears over the trade war and making the US dollar suffer a slump. The US labor indicators highlighted the fundamental strength of the country's economy and made the US dollar extend gains amid the Europe geopolitical turmoil.