View RSS Feed

ForeCastle

Weekly Trading Forecast: Dollar Index, Brent Crude Oil, and more

Rate this Entry
by , 02-27-2017 at 09:35 AM (951 Views)
      
   
US Dollar Forecast: US Dollar May Struggle as Trump Speech Overshadows Hawkish Fed
The US Dollar may struggle in the week ahead as doubts about the impact of still-uncertain fiscal policy overshadow hawkish pronouncements from Federal Reserve officials.

Name:  dxy-h1-fx-choice-limited.png
Views: 150
Size:  44.4 KB

Japanese Yen Forecast: Kuroda Stokes Bullish Motivation in the Yen; CPI on Deck
One of the biggest beneficiaries of the ‘Trump Bump’ across global markets was Japan. After the BoJ spent more than three years weakening the Yen as part of ‘Abe-nomics. ’

Name:  usdjpy-h8-fx-choice-limited.png
Views: 61
Size:  40.9 KB

British Pound Forecast: GBP/USD Outlook Mired by ’Brexit’ Review, Hawkish Fed Rhetoric
The broader outlook for the British Pound remains tilted to the downside with the U.K. on course to trigger Article 50 in March.

Name:  gbpusd-h4-fx-choice-limited.png
Views: 56
Size:  40.5 KB

Australian Dollar Forecast: Australian Dollar Should Rise If GDP Growth Resumes
The Australian Dollar may gain if fourth-quarter GDP data confirm that the Lucky Country has avoided recession for yet another year. It is very likely that they will.

Name:  audusd-h8-fx-choice-limited.png
Views: 48
Size:  41.6 KB

Chinese Yuan Forecast: Yuan Eyes on Growth Outlook from Top Conferences
Looking forward, there are a bunch of events dotted on both China’s and the U.S’ economic calendar, which could add some volatility to Dollar/Yuan rates.

Name:  usdcnh-h4-metaquotes-software-corp.png
Views: 39
Size:  41.0 KB

Gold Forecast: Gold Prices March into Fresh 2017 Highs- Fed Outlook in Focus
The rally in gold prices continued this week with the precious metal up 1.7% to trade at 1255 ahead of the New York close on Friday.

Name:  xauusd-d1-metaquotes-software-corp.png
Views: 39
Size:  38.6 KB

Equities Forecast: S&P 500, DAX & FTSE 100 Could Be Under Pressure This Coming Week
In last week’s forecast, we expressed our concern that risk was rising for the indices, but that the trend still remained upward until we saw a break in the bullish price action.

Name:  de-30-w1-g-e-b.png
Views: 44
Size:  35.3 KB

Oil Forecast: Growing US Supplies Continue to Limit Oil’s Upside from OPEC Cuts
The Oil market finds itself in a unique spot of the commodity landscape of Q117. Two of the largest global suppliers, the United States Shale Oil Producers and the Organization of Petroleum Exporting Countries (OPEC) are trending in different directions while the price seems to have stalled near the 2017 Opening Range high.

Name:  brentcrud-h12-fx-choice-limited.png
Views: 48
Size:  39.9 KB

more...

Submit "Weekly Trading Forecast: Dollar Index, Brent Crude Oil, and more" to Google Submit "Weekly Trading Forecast: Dollar Index, Brent Crude Oil, and more" to del.icio.us Submit "Weekly Trading Forecast: Dollar Index, Brent Crude Oil, and more" to Digg Submit "Weekly Trading Forecast: Dollar Index, Brent Crude Oil, and more" to reddit

Comments